Capital Requirement
Last updated
Last updated
The Causecoin project has had and continues to have substantial capital requirements that have been financed, in part, by the founders. There will continue to be a progressive need for significant capital to realize the company vision. The Cause Team will raise capital through private sales of Causecoin and through initial coin Offerings (ICO) to finance Causecoin projects and for the initial funding for non-profit partners. The soft cap and hard cap capital are, in brief, described below.
Causecoin is a technology project that requires substantial capital. Significant capital injected by early private coin buyers has diminished the so cap requirement for this project. The Cause Team has set the So Cap at, approximately, USD $4M (Four-Million-Dollars).
The Cause Team has a funding target to raise capital for each stage of development to execute on future projects without insufficiencies. The marketing strategy that the Cause Team plans to execute is comprehensive and is, therefore, capital intensive as it includes partnerships with leading cryptocurrency marketing and liquidity providers, and leading top 20 exchanges as listed and ranked on CoinMarketCap.com and Coingecko.
Causecoin will invest to be listed on many of these exchanges in a range between $50,000 and $500,000.
The Cause Team will also establish and leverage partnerships with leading global blockchain and cryptocurrency institutions and communities to access a broad market; which also will require significant capital.
The Causecoin project's Hard Cap has been set at USD $100 Million (One Hundred Million Dollars).