iklas280803: Cc FOUND blog article

ccFOUND - The First Worldwide Wisdom Marketplace

About ccFOUND

ccFound helps people invest knowledgeably by providing information in the most natural way known to humans: questions and answers.

ccFOUND is a portal where knowledge-gathering occurs most naturally, through QUESTIONS and ANSWERS. The website will be divided into thematic categories. All content will be automatically translated into many languages using machine learning tools. This will allow for quick globalization of our portal, which teaches and gives creative and profit-making opportunities. ccFOUND will also organize knowledge in a way nobody has done before, solving the problem of informational chaos and making it easier for people to find valuable information.

The first leg of ccFOUND is cryptocurrencies. In this area, the upcoming boom in this market will increase the number of users more than tenfold. Then, we will focus on investing as a whole. Eventually, as ccFOUND will gradually decentralize, it will be up to the community which areas (i.e. medicine) the portal will focus on. ccFOUND is a knowledge exchange for enthusiasts, investors, traders, analysts, journalists, engineers, programmers and complete beginners.

Change

Experts say that the age of information is over. Today, everyone has access to it. We already live in the era of knowledge and wisdom (that are conected with skills and competences), because now they give us an advantage and are a scarce commodity. But today’s tools, such as Google and Wikipedia, are still the solutions of the information era. The one who creates the wisdom search tool will now win on the market.

ccFOUND Problem

Today, access to information alone is not enough to achieve success in a given field. In order to assess or understand, for example, an investment or a disease, you need to do hours of research by opening dozens of tabs in your browser. Effect? We live in a chaos of information overload. The Internet has led us to shallow and hasty processing; the ability to remember and concentrate fades.

Insight

It is people who create content for other people. Google makes it easy to find them. But what if there is no answer to the question on the Internet, or it is in a different language? Google does not associate those who ask questions with those who can answer them. Wikipedia leaves no room for an opinion exchange. Quora and Yahoo Answers are de facto entertainment sites and do not organize the knowledge they collect. YouTube, forums, chats and Facebook groups generate a chaotic storm of information. There is a need for a new type of website. Let's organize the Internet again.

ccFOUND Solution

ccFOUND solves (uberizes) the problem of knowledge and wisdom search similarly to Google – by polling the network – however not of computers, but of other people’s minds. As the only one of aforementioned portals, it monetizes knowledge in a multi-faceted manner and helps people who specialize in a given subject to earn money on it. It allows asking paid questions; inserting paywalls in published responses, news and analyzes; publishing paid e-books, online courses, webinars, and reports; organizing events, trainings and conferences; collecting patrons and donors with access to closed groups and communities.

Scalable

ccFOUND automatically builds a knowledge base and scales by machine translation of all content into all languages, making each question, response and comment immediately appear in all search engines in each country

Investable

ccFOUND will gradually decentralize until it becomes a true DAO (Decentralized Autonomous Organization) with processes independent of central management. ccFOUND issues a FOUND Coin and already carried out a private sale of 14.5% of them, generating $1,35M from 287 investors, preceding a crowdfunding campaign consisting of 280 days of auctions. ccFOUND economy has been designed so that FOUND Coins generate tokends in the form of a commission from transaction profits. This FOUND Coin is designed to grow in value through internal demand and the burning of coins.

Business model

The parent company, Cryptography Research LTD, generates $44.7 per registered user by selling information products, which is the basis for the following sales estimate. ccFOUND will charge min. 20% commission on sales (estimated 25%). ccFOUND pays FOUND Coin holders half of the commission in the form of tokends.

ROI & EXIT

ccFound revenue will be used to automatically buy back the FOUND Coin thus generating internal demand for FOUND on exchanges. Next, 10% of the FOUND Coin that constitute the platform’s margin are burned, which reduces their supply

FOUND Coins distribution

In terms of the full number of issued FOUND Coins indicated in point 3.2, the process of this distribution will be divided into two segments, where same FOUND Coins will be transferred for traditional sale, while the other part will be allocated to current activities re lated to the lssuer's operations and the development of the Platform itself.

Coin distribution

64.5% FOUND Coins for sale

14.5% for private sale
50% for public sale

35.5% Coins not for sale

15.5% retained by the issuer
20% is intended to buy the project from initial sponsor

Purpose of the distribution process

● 15% – Design

usability tests, UX/UI, improving the appearance, designing DAO processes, creating specifications and requirements for IT;

● 25% – IT

Platform development, employing programmers, code tests and audits, server maintenance;

● 10% – Legal

Legal, administrative and accounting costs;

● 10% - Editorial staff

Creating an editorial department, employing journalists, editors and presenters, building a video recording studio, creating content;

● 20% - Marketing & Fri

Creating promotional materials, advertising and media;

● 20% – Reserve

Reserve capital for unforeseen expenses and a safety buffer;

ccFound Roadmap

Core Team

Piotr Michalak - CEO / FOUNDER

Daniel Jankowski - CO-FOUNDER

Karol Kiełtyka - PRODUCT OWNER

Wiktoria Jaros - COO / CHIEF OPERATING OFFICER

Grzegorz Bierzyński - CTO / CHIEF TECHNOLOGY OFFICER

Rafał Plewiński - CMO / CHIEF MARKETING OFFICER

To conclude:

The goal of ccFOUND is to create a self-updating, multilingual knowledge base which will simultaneously connect users into one community. ccFOUND is intended to help you learn any topic or solve any problem in the most naturaI way – that is through questions and answers.