Create Protocol Launches $CREATE Public Sale On Bounce Finance: A Comprehensive Guide For Participants

Bounce Finance is excited to collaborate with Create Protocol, an AI-based Web 3.0 infrastructure, to launch the public sale of Create Protocol’s native ecosystem token, $CREATE. Designed exclusively for the Bounce and Create Protocol communities, participants will be able to purchase $CREATE using $AUCTION. This article dives into Create Protocol’s logistics and equips you with key details on how to engage in the upcoming $CREATE Public Sale on Bounce Finance.

What is Create Protocol?

Create Protocol is a complete stack that provides a number of protocols that are building blocks for Web 3.0 applications. These protocols include:

• A decentralized identity system that allows users to control their own data and privacy.
• A creative object model that defines the data structure for digital assets.
• A cDapp composer that makes it easy to create and deploy decentralized applications.
• Deagi AI Attribution Engine that allows devs to integrate apps / learning models to the IP repository in a way where IP owners/creators have the control over use of their data and its economic incentivisation.

The Benefits of Using Create Protocol

• Chain agnostic interoperability: Create Protocol allows applications to communicate with each other, regardless of the blockchain they are running on. This makes it possible to build truly cross-chain applications that can take advantage of the best features of each blockchain.
• Decentralized AI infrastructure: Create Protocol uses decentralized AI technology to provide a more secure, reliable, and transparent platform for creators and users.
• Independent token: The $CREATE token is an independent token that can be used to pay for services, access features, and participate in governance. This gives users more control over their assets.
• Building blocks for Web3 applications: Create Protocol also provides a number of protocols that are building blocks for Web 3.0 applications, including a decentralized identity system that allows users to control their own data and privacy, a creative object model that defines the data structure for digital assets and a DAapp composer that makes it easy to create and deploy decentralized applications.

Investors & Backers of Create Protocol

• Ice Capital ( Dubai )
• Cogitent Ventures ( Austin )
• Blue Ocean VC (Puerto Rico)
• Snowy August Family Office ( Miami )
• Min H. Kim : Ex- CMO Polygon and HBAR ; Ex- Director Huobi US ( Puerto Rico )
• Lalit Mangal ( IIT Roorkee) : Founder & CEO — Airmeet, previous startup CommonFloor acquired for $200 mn ( India )
• Hue Nguyen : Ex- SEC USA + Official Advisor (San Diego)
• Bharat Thakur : Creator — Royal Artist ( Saudi Arabia )
• Waqar Zaka : Leading Crypto Influencer, 5 million + followers ( Asia )
• Kenneth Silvermann; Founder — CEO NationPay, TurboSettle ( Costa Rica )
• Grant Gunderson : Draper’s Associate + Advisor (Silicon Valley)
• Sian Elizabeth : Sian Elizabeth Wellness ( London )
• Kalyan Singh : Co-founder, Lumenci ( Austin )
• Abhimanyu Lamba : International Growth Lead, Canva ( Australia )
• Sayantan Biswas : Co-founder, UniAcco ( London )
• Aashish Jindal : Co-founder, GripInvest ( India )

$CREATE Token Utilities & Tokenomics

• Why is the $CREATE token necessary?

The $CREATE token, a strong brand in the web 3 space, serves as the linchpin of the Create Protocol ecosystem, acting as the native ecosystem token with multiple utilities. It seamlessly facilitates transactions, governance, and value exchange, transcending geographical barriers and ensuring frictionless interactions. Notably, $CREATE empowers creators, investors, and users with various features:

1. It holds a critical role in governance.
2. It enables Create 2 Earn opportunities for developers and creators.
3. It acts as a financial vehicle for investing in the Experience economy.
4. It rewards holders with protocol fees.
5. It boasts high composability for adding more utilities through cdapps.
6. It’s the means of payment for accessing IP repositories and experiences by creators, all while upholding the ecosystem’s integrity.

• What motivates people to acquire and hold the $CREATE token?

The motivation to acquire and hold the $CREATE token stems from the dynamic incentives embedded within the Create-To-Earn Economy. $CREATE holders are not merely passive participants; they are key stakeholders who contribute to the growth of the ecosystem. Holding tokens offers various benefits, including participation in governance decisions, potential returns from ecosystem growth, and access to exclusive features and assets.

• How does Create Protocol establish a decentralized Token economy, granting creators and creative economy stakeholders ownership of $CREATE Token?

Creating a decentralized Create Protocol Token economy involves granting creators and creative economy stakeholders ownership of Create Protocol Token, fostering a sense of community and shared responsibility. This is achieved through transparent governance structures that enable active participation in shaping the ecosystem’s trajectory. By ensuring that decision-making power is distributed among stakeholders, a sense of ownership and empowerment is cultivated, aligning their interests with the long-term success of the ecosystem.

$CREATE Public Sale Details

• Auction page: https://app.bounce.finance/launchpad/create_protocol
• Auction Method：Fixed-Price Auction
• Blockchain: Ethereum
• Start Time：10/23 2023 1:00 PM UTC
• End Time：10/27 2023 1:00 PM UTC
• Swap Currency：$AUCTION
• Swap Ratio：0.00069 $AUCTION per $CREATE
• Token Amount: 7,200,000 $CREATE
• Total Value：$28,800 (as per $CREATE price of $0.004)
• Maximum Allocation per Wallet: No limit
• Token Release Method: 10% linear unlocks over the first 30 days post-sale, then after a 90-day cliff, the remaining 90% will be unlocked linearly over 360 days.

*Note: Price of $AUCTION token is estimated at $5.8 based on the average price of $AUCTION token in the last 24 hours of writing this blog.

Guide for participating in $CREATE Public Sale on Bounce

$CREATE Public Sale on Bounce is presented in the format of Fixed-Price Auction. Step-by-step guides for how to participate in a Fixed-Price Auction are available for both mobile and PC devices.

About Create Protocol

Create Protocol is an AI-based web3 infrastructure designed to harness the true power of digital assets. It provides chain agnostic interoperability across Web 2 and Web 3.0, making it easier for developers and users to build and use applications that are secure, reliable, and transparent.

Website | White Paper | Twitter | Telegram | Instagram | GitHub

About Bounce Finance

Bounce Finance is a decentralized platform dedicated to meeting the evolving needs of the Web3 space. Established in 2020, Bounce Finance is proudly known for outstanding user experience and seamless integration of blockchain technology in trading both digital and tangible assets. We provide a decentralized auction protocol that empowers users to create and participate in diverse types of auctions on multiple blockchain networks. With a focus on Auction as a Service, Bounce Finance offers a wide range of products, including Token & NFT Auctions, Real-World Collectible Auctions, Ad Space Auctions, and SDK. Bounce Finance also provides Private Launchpad services, an on-chain solution designed to streamline IDOs for new projects.

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