Open and Transparent
First of its kind open and transparent digital trading community. CGC is bringing a whole new level of transparency to the crypto exchange industry. CGC will disclose revenue numbers and disbursement numbers on a daily basis. The exchange will be audited by a top 4 accounting firm and the report we be made available on our website.
Top priority for CGC is to have a secure environment for our community. CGC stores 95% of the digital assets in cold wallets. All sensitive information is encrypted in real time, both in transit and at rest. We run our software across multiple data centers on wholly-owned hardware stored with biometric access control. Trading interface supports two factor authentication (2FA) backed by Google.
CGC is not a traditional centralized company. We do not have a CEO or President. The CGC token holders will have the opportunity to vote on important decisions regarding the direction of the organization, including, ICO companies that are listed on the exchange and investments that are made in Pre ICO companies.
The organization will be comprised of the community members. CM's can earn CGC tokens by contract mining, referring other members and referring ICO companies for listing on the exchange. By holding the CGC token the member will participate in the disbursement of 90% of the profit, which will be calculated and made available on a daily basis, on our website. Members that become very active in the CGC ecosystem will have the opportunity to become a partner.
CGC will invest its portion of the platforms distribution into ICO companies listed on the exchange. We feel its very important to support the blockchain community. The Investment committee (comprised of community members) will decide which companies receive investment.
Once CGC tokens are in full circulation (All rewards are mined), a percentage of the profits (20%) will be used to buy back and burn. Token supply will be reduced by 50% over the next 6 years.