The Whitepaper Of Cretaceous Cash

Cretaceous is back to bring you the Glory. #BSC

CretaceousCash
4 min readMay 7, 2021

Overview

Cretaceous is a decentralized incubator that funds promising projects to utmostly explore their potential by leveraging the investment power of our community, in this way to render token an exclusive function. Its technology leadership tops among its counterparts.

It aims to Take the lead in helping build the financial infrastructure on the chain, designing an on-chain funds by community members, of community members, for community members.

CTS’s vision has never been limited to a certain point, but a way of thinking about the market, users, products, and even the entire ecology under the exchange of valuations such as blockchain, big data and cloud computing.

Vertically build an empowering community, and use the dynamic chain of the incubator to fully integrate the ecologically reactive low-field energy users. In the future, it will be considered to sink into each chain by O2O mirroring.

CTS technicians enable interactive processing of full-analysis data, processing and analysis of proprietary data network topics, research and development of network physical layer applications, and deep penetration of users. It will ensure that every logic is a perfect closed loop, and through negative adjustment and static filling, a permanent connection is completed in the occasion of the appearance of CTS.

For the traditional financial market, venture capital activity is an industry that integrates into the blood of the market. Public fund companies, trust companies, asset management companies, and related banks, securities, insurance and other institutions are all players and participants in this activity to pursue profits. The DeFi process to reshape the financial system in the encryption world currency, the venture capital from crypocurrency incubators apparently is also an important component.

However, compared with the mature traditional financial market, the fast-paced and high-yield nature of the DeFi market today has made investors’ pursuit of capital utilization and liquidity convenience to the extreme. For surging projects, the inability to get enough funds and resources makes their tokens less attractive to DeFi investors. Cretaceous is keenly aware of this market pain point, and through the design of tokenization of the venture capital on the chain, it has become a DeFi project incubator.

What We Do:

Cretaceous aims to break the early investment cycle for high-potential cryptocurrency projects. Large traditional venture capitalists used to buy strategies, seed and token stack sales in private investment rounds at prices much lower than retail investors can get in public. These venture capitalists will then dump their holdings to retail investors to ensure their revenue, but it indeed will be unfair to other investors for the project.

Therefore, before the formation of a large increase in TB-level data, CTS will comprehensively increase the value of different horizontal scenarios for both early and late users, extend the service link, and ensure that the early, middle and late users’ concerns are consistent.

What we believe is that establishing long-term partnerships with the projects we support will help establish healthy, natural growth and thus lasting success.

Our participation in the project can be divided into three different stages:

Stage 1 (Incubation Level): We have been committed to the development of the project from the beginning of the project, until the project is listed on the exchange, plus more post-maintenance services. The incubated project will benefit from a series of marketing, consulting and listing services to help the project succeed.

Stage 2 (Strategic Contribution Level): We assist projects through social media strategies, including Twitter and Telegram.

Stage 3 (General Contribution Level): Cretaceous manages over-the-counter (OTC) sales and community requirements-the project is not directly involved.

In short, we not only provide funding for partner projects, but also provide support for the development of our partner projects.

How it works:

The Cretaceous creates an asset pool through smart contracts on the chain, which connects members of community and projects which need funding, and improves the utilization and liquidity of capital.

Members of community can use a variety of cryptocurrencies to participate in venture capital investment through smart contracts. In return they will get the platform’s unique exclusive token. The token represents the investor’s ownership share in the venture capital, and its price is proportional to the value of the project funded.

The Cretaceous will locate the promising projects which are in lack of financial support and decide on the amount of venture capital allocated to projects. There will be experts in checking the audit of each project and making proper assessments. In this way the profit of venture capital gets maximized and the safety of capital gets ensured.

Cretaceous creates a liquidity pool corresponding to the funded projects through the use of the smart contracts. This pool allows members of community to participate in the investment. The Cretaceous group can make decisions and investments on new crypto projects by using active strategies, algorithmic strategies with the setting of corresponding conditions and indicators.

After participating in the on-chain fund, investors will get the exclusive token CTS corresponding to the projects. CTS can be used for fund redemption, transfer and transaction. At the same time, they can obtain the token reward by mining by providing liquidity.

Security Mechanism of CTS:

As a decentralized project incubator, Cretaceous has a complete security mechanism and risk control system to ensure the safety of user liquidity and on-chain asset.

Capital pool — All user investments in the Cretaceous agreement are deposited in the on-chain liquidity pool. Cretaceous group can only trade on decentralized exchanges by calling smart contracts, and have no right to withdraw liquidity.

Currently, DeFi projects are surging, but support for new projects is still in its infancy, and the venture capital market has a promising future.

As a new member of the DeFi project incubator, CTS condenses the experience and wisdom of senior investors. Through this innovative design, CTS has brought additional liquidity and significantly improved funding efficiency.

With a series of innovations and preemptive advantages, CTS will effectively capture hundreds of thousands of long-term users who are about to enter the DeFi venture capital industry, successfully build the necessary on-chain financial infrastructure, and lead the development of the era of on-chain funds-security , transparency, and high-yield.

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