🎩 Fundraising

Having a well-defined financial strategy is crucial for meeting our ambitious objectives. The way we allocate our funds demonstrates our dedication to developing a platform that prioritizes growth, and delivering value to our community. We aim to provide a comprehensive overview of our fund usage, emphasizing transparency and building trust with our stakeholders.

Fundraising Allocation:

Total Funds Raised: $3,000,000

1. Liquidity Pools: $1,040,000

   Since Tether Gold does not exist on Arbitrum, we decided to create a wrapped token and provide liquidity for it. This pool will be used to collect fees and reward our staking users with them.

   • WXAUT/USDT Pool on Uniswap (Arbitrum): $500,000

     • WXAUT: $250,000

     • USDT: $250,000

   • CERTIX/ETH Pool on Uniswap (Arbitrum): $540,000

     • CERTIX: $270,000

     • ETH: $270,000

2. Project Development and Expansion: $1,960,000

   • Audits: Security and reliability stand as the pillars of any successful crypto project. For us, ensuring the utmost security and flawless functionality of our platform is a top priority. To achieve this, a significant part of the funds raised will be diligently allocated towards comprehensive audits of our smart contracts and the entire platform. These audits will be conducted by industry-leading professionals, ensuring that our systems are not only robust but also impenetrable, safeguarding our community’s investments and ensuring the integrity and smooth operation of our offerings.

   • Strategic Partnerships: Building strong alliances and collaborations with other projects, platforms, and institutions in the crypto space.

   • Exchange Listings: Covering the costs associated with listing the CERTIX token on major cryptocurrency exchanges to increase its accessibility and liquidity.

   • Foundation Reserve: A safety net for unforeseen expenses and to ensure the sustainability of the project.

   • Marketing and Community Building: Engaging in marketing campaigns, community events, and outreach to grow the user base and enhance brand visibility.

   • Research & Development: Investing in the continuous improvement of the platform, exploring new features, and staying ahead of the industry curve.

   • Legal and Compliance: Ensuring that the project adheres to all regulatory requirements, and setting aside funds for potential legal consultations or challenges.

   • Operational Costs: Covering day-to-day expenses, including infrastructure costs, office space, utilities, and other miscellaneous expenses.

   • Educational Initiatives: Hosting webinars, workshops, and creating educational content to educate the community about the benefits of Certix Gold and the broader crypto ecosystem.

   • Team Compensation: Ensuring that the team is well-compensated is crucial for the long-term success and commitment to the project. This includes payment for developers, designers and other team members or freelancers.

We have decided to use the funds raised in our fundraising campaign to meet the financial needs of the project, rather than selling CERTIX tokens. This strategy is vital for the long-term stability of the token. Our approach differentiates us from projects that distribute rewards excessively, such as staking bonuses, which inflate the supply of tokens in circulation without considering the impact on holders. This careful management allows us to sustain the growth of our project while preserving value for our token-holders.