How the Web 3.0 startup Autentic Capital became one of the most promising projects in the digital asset market
The Web 3.0 startup market is constantly evolving, creating hundreds of solutions and products every day. However, only a few startups truly become successful and profitable. The majority of companies cannot withstand the competitive pressure and close within their first year of operation. In a recent ranking article of promising Web 3.0 startups, Autentic Capital was included as a top contender. Even in the bear market, the company managed to attract over $1,195,000 in investments, even though the private fundraising round is not yet closed. Below, we'll explore how the startup achieved such success in a short time and why Autentic Capital's products are of interest to investors.
New opportunities for investors and more
The financial ecosystem of Autentic Capital was conceived as a unified platform for trading and investing in digital assets. The focus was not only on the B2C segment, where traders and investors are the key audience but also as a platform for businesses looking to digitize their assets. Today, Autentic Capital offers several highly sought-after products for retail users and businesses.
Backed Stablecoins: Stablecoins have established themselves as a protective asset. Traders and investors prefer to lock in their profits in stablecoins to avoid capital loss. However, most stable coins on the market lack physical backing, as evidenced by numerous regulatory checks. Unlike such "empty" stablecoins, Autentic Capital issues stablecoins backed by gold and fiat money. DAO Autentic participants can receive dividends in stablecoins backed by gold bars. In essence, these tokens are a digital equivalent of physical gold.
BlockDEX: A fifth-generation decentralized cryptocurrency platform with a high level of data and user asset security.
Investment platform: A proprietary platform for attracting investments or investing in promising projects involving digital assets.
Autentic Market: A trading platform for sellers and buyers where goods, services, and technologies can be purchased without restrictions.
SoluChain: The first solidity-compatible blockchain with the ability to create smart contracts regardless of the company's location.
As CEO Ilya Ermakov admitted, product development is 80% complete, and in the first half of the next year, all ecosystem tools will be fully available to users.
Attracting investments in a bear market
The importance of Autentic Capital's products for the market has been recognized not only by users who are already testing new products and actively using them in their work but also by investors. In a few weeks of the company's closed token sale, they managed to raise $1.2 million. According to BlockScan data, investors poured over $195,000 into the project in just one week. The private token sale will continue until October 20, 2023.
"It's crucial to realize that our products are popular among users, and the community believes in us, which is why they invest in our development. We allocate all the funds we collect for further development and refinement of the ecosystem, which will generate income for investors in the future. In total, we plan to raise $32 million."
—shared CEO Ilya Ermakov about the project's plans
As the founder of the company notes, attracting investments in a project is possible even in a bear market, but it's much more challenging. Today, investors carefully select projects for investment, scrutinizing everything from the team and budgets to smart contracts and legal documents. Startups must make a concerted effort to convince investors that their developments are genuinely valuable to the market.
"We have placed our bet on the applicability of our products and it paid off. No one else offers such a variety of tools on a single platform. Our primary focus, however, is on security and usability. All our efforts, aspirations, and resources are directed there." —says Ilya Ermakov
In parallel with development, the company carries out numerous marketing activities for the community, as it's crucial to convey the value of the solutions to users who are currently very selective and don't lack tools for investment and trading.
Without borders and limitations
Autentic Capital aims to erase the borders between countries and users, allowing every resident of the planet, regardless of nationality and place of residence, to have access to quality products.
"The world is going through global geopolitical and economic crises. Countries are imposing sanctions and restrictions on each other, and ordinary users suffer as a result. Blockchain and Web 3.0 technologies were conceived as a completely free, decentralized tool. We support this idea." —says CEO Ilya Ermakov
For this reason, the company's developers have created products that are equally accessible worldwide. Every user can invest money or, conversely, attract investments to realize new ideas, create a new smart contract, or buy a ready-made product or service.
You can join the project participants and become a part of the financial ecosystem right now. For more information, visit the company's website.
