Gamified DeVC Lucrosus Capital Announces Initial Coin Offering

Gamified DeVC Lucrosus Capital Announces Initial Coin Offering

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Investing in crypto projects at the early stage of their creation is the booming area of business for venture capitalists now. This has become so common that venture capitalists investing in these crypto projects are now called Decentralized Venture Capital (DeVC). One of the leading DeVCs, Lucrosus Capital has announced the Initial Coin Offering (ICO) for its token, $LUCA.

The DeVC recently launched the public sale for $LUCA on 17th January 2022 and seeks to bring institutional benefits to individual investors through the token. The project makes investing truly decentralized through tokenization and has blockchain features that make investments accessible with basically no threshold as well as ensure anonymity. Holders will also have direct access to investments by Lucrosus Capital.

$LUCA has several use cases, one of the most significant being the Shared Allocation Program. The program allows LUCA holders to accumulate tokens of projects in which Lucrosus Capital has invested based on how much LUCA they have. The token is expected to appreciate in value as Lucrosus Capital reserves the right to conduct a buyback and burn exercise that will reduce the circulating supply. 

Staking is another way to benefit from LUCA, where they get rewarded for staking their holdings. The token also gives them the right to participate in governance to decide the developmental future of the company. In addition to all these, holding the token grants access to data on projects in which Lucrosus Capital has invested. The company uses a unique AI algorithm to analyze high-value projects and analyze market trends and collect all relevant data before investing in projects.

How to get LUCA tokens

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The Lucrosus Capital Launchpad ICO is still ongoing till March 17, 2022, and has already raised $439,000 worth of LUCA tokens. It has also completed 15 phases out of 100, each of which is expected to cause a price increase of roughly 1%.

This is the only way to buy the token right now and participants can use their referral links to invite others. This will earn them 15% of ETH invested by every referral in addition to 30% of their LUCA purchases while the referrals get an additional 5% of STC purchased.

Source: https://zycrypto.com/gamified-devc-lucrosus-capital-announces-initial-coin-offering/