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Introduction
The rise of the blockchain industry has led to an enormous increase in crypto trading across the globe. Many crypto enthusiasts were filled with confidence and optimism following the multiple wins and breakthroughs of 2021. However, 2022 was, without a doubt, a challenging and tumultuous year for the crypto industry due to the crypto winter and FTX fallouts. The year 2023 brought many questions to the minds of investors, developers, and project creators.
The crypto market has been relatively good in the first two months of 2023, with many assets trading in the green. Although some users still fear investing in crypto, efforts must be made to restore their confidence. Developing an ecosystem connecting investors, developers, and project creators will help regain confidence. As a result, users will be able to make smarter decisions. That is exactly what Encircled does! This article will comprehensively overview Encircled’s utilities, services, and team. Continue reading!
What is the Encircled Ecosystem?
The Encircled platform provides a one-stop solution for launching new crypto projects and connecting with the entire crypto community, including investors, developers, and project creators. They aim to solve crypto investors’ and entrepreneurs’ difficulties, including security risks, funding challenges, and launching new ventures. Its rich features allow users to learn, generate new ideas, find team members and connect with investors. Additionally, the platform will allow venture capital and private investors to identify and engage early-stage innovators.
Overview of Encircled’s utilities
The Encircled product line consists of three main products (Encircled Connect, Encircled Launch, and Encircled Learn) tailored to the crypto community. This centralised platform allows users to launch new projects and connect with the crypto community in one place.
Encircled Launch
Crypto launchpads or IDO platforms are digital platforms used to launch new coins and crypto projects. The process functions similarly to that of an initial public offering (IPO) in the traditional financial system, whereby shares of a company are sold to large investors before their listing on the stock exchange. Traditional IPOs, however, have high entry barriers, limiting their participation to large institutions, wealthy individuals, and venture capitalists. In contrast, IDOs and launchpads use a crowdfunding approach that opens the opportunity to everyone, regardless of their financial status. Investing in IDOs allows early-stage investors to benefit from reduced token prices, early access to product and service offerings, and other advantages project owners provide. However, the Encircled platform will impose strict requirements for launching new projects to safeguard investors from poorly conceived or fraudulent schemes. They vet all projects before they are launched.
Project Launch Rules
Encircled takes the launch process seriously and has established rules for all launches to ensure fairness and transparency.
- Seed Investment Rounds are limited to one and a maximum of two private sales before the public sale is allowed.
- Pre-sales will be available for early buyers to purchase tokens at a discounted price, with a minimum hold time on these tokens to protect everyone’s interests. The hold time for Seed Investment Round tokens will be four months, while the first and second rounds of pre-sale tokens will have hold times of five and six months, respectively.
- Encircled has implemented a whitelisting system for potential investors to participate in each launch. Interested parties will need to stake the launchpad tokens, and multiple staking levels will be available for participation in every IDO launch.
- There will be a 100% lottery system for all stakes, allowing each tier of the investor to win a whitelist spot based on the number of tokens they have staked. The aim is to ensure that even the smallest investor has a chance to participate.
- Encircled team members will not be eligible for a whitelist spot and can only participate in projects after they go public and launch. This ensures investor fairness and eliminates any conflict of interest.
- All tokens allocated to project teams will be locked for at least one year or until the road map has been completed to fulfil obligations to their investors before unlocking any of the team tokens.
Encircled has implemented automatic token purchase agreements between investors and entrepreneurs to ensure a seamless and secure transaction process. However, Encircled reserves the right to decline the launch of any token that does not meet its launch requirements. Encircled strives to create a fair and transparent launch process for all parties involved. Their mission is to have a high success rate with every project launched. As a result, founders and developers will want to use their platform, and investors will want to invest in every launch.
Encircled Connect
Encircled Connect is a sophisticated social networking platform that offers the entire Encircled community an opportunity to connect and expand their network. This world-class communication platform boasts numerous features, including instant messaging, chat, rating and comment functions, video-voice-screen sharing, document sharing, scheduling, calendar invites, and filing systems/data storage. Moreover, Encircled Connect offers a flash dashboard that showcases vetted projects that are about to launch and the most active community members. This feature lets users quickly access critical information and stay up-to-date on current developments.
Crypto entrepreneurs can register their projects on Encircled Connect and invite their advisors and investors to the platform. Each party will have a personal profile and will be able to invite partners and past projects with whom they have worked. Encircled Connect will essentially represent a crypto CV showcasing all the projects an individual has created, invested in, or advised. By offering a wide range of features, Encircled Connect helps entrepreneurs raise funds and build new connections with advisors and key opinion leaders (KOLs). At the same time, new entrepreneurs can find reputable investors and advisors with great track records to collaborate with, thus promoting mutual growth and development.
Encircled places a high priority on community safety. Thus, all channels, projects, and community members undergo authentication by a third party and vetting by their team before being introduced to the Encircled community. With these measures in place, users can rest assured that they are engaging with a trustworthy and secure platform. It is an advanced social networking platform that offers a wealth of features designed to support the growth and development of the Encircled community. By providing a safe and secure environment for collaboration, Encircled Connect is poised to become the go-to platform for entrepreneurs, investors, and advisors in the crypto industry.
Encircled Learn
Encircled Learn is a fully integrated educational platform, designed to provide users with a comprehensive understanding of cryptocurrency. The platform is intended to cater to investors, founders, developers, and other individuals interested in cryptocurrency. Encircled Learn will feature educators, research tools, resources, and information, enabling everyone in the community to achieve their goals. The educational content will comprise newly written material, specifically generated for Encircled Learn. Users will have numerous learning opportunities, from visual and hands-on experiences to reading about topics of interest.
One of the standout features of Encircled Learn is the ability for users to ask questions in any community or channel related to crypto. If the answer is available in the Encircled Learn directory, a bot or admin will provide a link for the user to research independently. If the question is not answered in the directory, an educator will answer it and update it accordingly. Users can also answer questions on simple tests, thereby levelling up their Encircled Learn journey and earning badges. Users can exhibit their badges in Encircled Connect, highlighting their completion of courses, tests, and attendance at live seminars. Encircled Learn will also provide opportunities, prizes, and awards that will be distributed to users throughout their journey.
Encircled Learn strives to recruit public speakers and educators in the crypto and investment space to provide top-quality services to the community. The team will prioritise the recruitment of the best educators and pay some of them in crypto. Other educators may be volunteers who simply desire to educate the community and contribute to its growth. Members who offer professional services continuously at no cost to the community will have free access to the platform without paying fees or even holding Encircled’s token. The Encircled team will continually seek ways to entice and reward approved educators or community members who contribute to the growth and development of Encircled Learn.
Meet the Team Behind Encircled
The Encircled platform aims to provide investors and entrepreneurs a safe environment to connect and protect them from scammers. A successful crypto project must have a solid team, and Encircled’s team is well-coordinated, motivated, and dedicated. A team of professionals with wide-ranging skills in engineering, business management, finance, blockchain and marketing backs it.
As the CEO and founder, Justin Thompson brings over 25 years of experience in the construction and engineering industry, where he managed projects of various sizes and complexities. Throughout his career, he has managed teams of more than 350 people and evaluated the performance of projects exceeding $50 million. His expertise in project management and business climate evaluation is critical to Encircled’s success. Kenda Enney, COO and co-founder, brings extensive experience in marketing, communication, and client relationships to the organisation. Her speciality lies in developing multidisciplinary teams and ensuring that processes, training, and quality control are reflected throughout the organisation.
CMO and co-founder Vaidotas Norkus is a versatile team member with a range of skills and experience working in multiple countries. He can speak five languages and specialises in market research, customer service, public relations, brand and design, and operations management. CLO and co-founder Nathan Wennerbom is an expert in UX UI design, digital design, and marketing. Among his many accomplishments is working independently with notable public figures, such as Snoop Dogg and Cameron Smith, and liquor brands to raise awareness of their brands and sales. He is an expert in social media marketing, SEO, Google Analytics, and influencer marketing. The team will greatly benefit from Nathan’s contributions as they develop Encircled Connect and Encircled Learn.
Vanessa D. Carey is a Social Media Account Manager and Content Creator with over 20 years of experience in creating multimedia content. Her experience includes social media management, website development, programming, and developing community-based software and animations. Quynh Nguyen, the project’s Technical Lead, is a talented web developer from Vietnam. He has delivered over 20+ IT projects and has been involved in several complex DeFi projects. As a part of the team, Quynh leads the design and development of the Connect, Launch, and Learn modules for Encircled.
Advisors Lukas Navickas and Gabriele Pauliukaite bring expertise in IT, crypto, data science, and finance to the team. Lukas is an IT and crypto expert who has worked for Atos and Orderfox AG, and he started investing in crypto in 2017. Gabriele has a professional and academic background in data science and finance and has advised a series of startups in Scandinavia.
The Encircled team possesses various skills and experience, from project management and marketing to web development and data science. The team is committed to building a safe environment for entrepreneurs and investors to connect and is dedicated to overcoming possible challenges and obstacles. Their expertise in the industry and dedication to delivering the best possible client service will be critical to the success of the Encircled project.
Conclusion
Crypto assets can be a wise investment if done properly and coupled with a diversified portfolio and a strong project. Encircled offers benefits to investors, developers, and project creators alike. With Encircled, users can have better investment opportunities, become part of a trusted community, and access valuable information about the crypto industry. Although similar platforms are available on the market, no other platform offers all three services integrated and designed specifically for the crypto market.
Hopefully, you have enjoyed today’s article. Thanks for reading! Have a fantastic day! Live from the Platinum Crypto Trading Floor.
Earnings Disclaimer: The information you’ll find in this article is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgement and perform due diligence before using the information in this article. Your success is still up to you. Nothing in this article is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. If you break the city or other local laws, we will not be held liable for any damages you incur.
