Who stands behind the $CPTC project?
The $CPTC protocol is a project by OROUNDO Mobile GmbH, a software development company founded in 2014 in Vienna, Austria. OROUNDO Mobile develops the Cultural Places platform, a digital marketplace for culture, art, and travel. The platform has listed over 250 cultural sites and is available on Cultural Places
What is the goal of the $CPTC project?
The COVID-19 pandemic showed vulnerabilities in funding structures, sustainable community building, and support opportunities in the cultural sector. $CPTC is our idea of how to build communities and fans sustainably. We reward users for their contribution to a system that is not bound to a single platform. Besides the $CPTC token, we also run the CPTC NFT project. We bring together different countries and cultures with our utility-backed NFTs.
What are the markets $CPTC will target?
Our NFT collection shows our core markets: Europe and Southeast Asia. We already list cultural sites in Austria, Germany, Croatia, Hong Kong, and Indonesia. Our goal is to automize our platform fully so that every cultural business can join from anywhere in the world.
What value can $CPTC provide to cultural businesses?
Besides our core features on the cultural places platform, digital guides, spots, and tickets, we will offer a fully decentralized rewards program and a blockchain-based crowdfunding feature. Together with a community-driven NFT project, we want to help our clients build a solid connection to their existing target group and offer new ways to expand reach and revenue.
Which blockchain are you building on?
For the technology, we rely on the infrastructure of Polygon. They are actively committed to a sustainable Web3 and have just committed in their own "Green Manifesto" to achieve climate neutrality before the end of 2022. In contrast to the so-called proof-of-work, Polygon uses proof-of-stake validation, which means lower energy consumption.
Where can I buy $CPTC, and is it safe for me to buy it?
You can buy $CPTC on SushiSwap already. You can find the link and token contract on our website. You need to install Metamask and add the polygon network for the purchase. An external audit company audits $CPTC. You can download the report directly from our website. We set up the project with experienced legal advisors and communicated every detail to local financial authorities. Every new activity and feature is within local regulations (Austria).
Can I stake $CPTC?
We have already rolled out staking for liquidity providers. If you join our pool and provide liquidity to the project, you can stake your pool tokens at cptc.culturalplaces.com/staking . All information regarding staking can find in our medium post HERE (link for staking announcement).
What is the benefit for me as a token holder?
The benefit lies in the utility of the platform. Owning $CPTC makes you a part of the community and the $CPTC protocol. As a traveler, you can use the tokens to get rewards for purchases on our platform and access special NFTs collections. You can access free digital tours, ticket offers, and special events with your rewards. As a cultural organization, you can offer $CPTC rewards to your target group to build a stronger community and relationship.
How are you going to fund the project?
We started our $CPTC journey with a successful IDO in April 2022 and raised a total of EUR 65.000. The project is backed by existing international investors and will announce another funding round during Q3 2022. We vested a total of 4.1m tokens per quarter for eight quarters. Released tokens are being sold to interested investors to finance our activities. A complete overview is available on CPTC Pool Staking Rewards.
What is an NFT?
NFT stands for "Non-Fungible Token." An NFT is a digital file whose unique proof of ownership is stored decentrally in a blockchain for all to see. An NFT cannot be copied or exchanged for another file and is unique. Therefore, each NFT has a single owner and can only be resold by that owner.
Which role do NFTs play in your project?
We launched our first three NFT collections of the Cultural Places Travel Club in May 2022. We created 10.000 unique NFTs representing the cultural traits of 10 countries. We believe that culture connects people and Cultural Places wants to give everyone easy access to culture. Our NFTs come with various utilities. NFT holders will have access to free digital guides on our platform, be eligible for $CPTC rewards, and have access to upcoming NFT collections created with our clients. As NFTs play a significant role in arts and culture, we plan to build several utility cases around them. You can find details on our website or in our litepaper.
Where can I buy the CPTC NFT?
The first three collections are already available on Open Sea. We plan future mints for new countries during Q3. You can find all information regarding mints, utility, and use cases on our website and in our litepaper. Please connect with us on our social media channels for additional live details.