Chainge Proposes $13 Million Investment to Spur Q2 Growth and Profits!

Bittime - Cross-chain liquidity protocol Chainge has just launched a proposal seeking DAO (Decentralized Autonomous Organization) approval to receive a capital injection of $13 million USD from a well-known investment group.

The funds will be allocated to put 50 millionXCHNG tokens into circulation, equivalent to approximately 10% of the number of tokens currently in circulation.

Strategic Investments for Chainge's Future

This investment aims to drive widespread adoption of Chainge's products and services, as well as ensure profits of at least $1 million USD in the second quarter (Q2) of 2024. Here is a summary of the proposal:

• Investment Value: $13 Million USD
• XCHNG Tokens in Circulation: 50 million (approximately 10% of current supply)
• Q2 Profit Target: Minimum $1 Million USD

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Towards a New Era of Chainge 

Through this investment, Chainge aspires to become a leading exchange platform supported by the most advanced AI technology. Not only will this accelerate growth and product adoption, this capital injection also marks the start of Chainge's global expansion phase.

Expansion Focus

• Increased Global Reach: Aggressive marketing efforts to make Chainge a trusted brand worldwide.
• Technology Upgrade: Recruit the best talent to combine AI with cutting-edge technology, while positioning Chainge as a leader in AI-based crypto innovation.

Also Read: What is DAO Investment?

Benefits for XCHNG Holders

Chainge is committed to implementing strategies to increase platform usage and profitability. One of them is guaranteeing a minimum of $1 million USD in profits for XCHNG holders in Q2. As much as 80% of these profits will be allocated to XCHNG holders in accordance with the applicable profit sharing mechanism.

Investment Benefits

• Accelerate Chainge's overall growth and technological advancement.
• Increase liquidity and profits for XCHNG holders.
• Supporting new partnerships, marketing strategies and feature development, strengthening Chainge's market position.

Also Read: Tips for Successful Crypto Investment: Don't Be Greedy

Investment Implementation

If approved, Chainge will cooperate in detail with venture capital institutions to ensure proper management of token circulation. The number of 50 million tokens that will be circulated is the first step in a strategic long-term partnership between Chainge and venture capital institutions.

The goal is to support continued growth and increase visibility in new markets, building a solid foundation for shared success and global expansion.

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Realizing Chainge's Potential in DeFi

This strategic investment not only supports expansion and innovation, but also underscores Chainge's commitment to community values. This is an important step towards realizing Chainge's full potential in the DeFi landscape.

While waiting for DAO approval, Chainge will detail investment details and future plans. Support for this proposal will be instrumental in driving Chainge towards a future full of growth and innovation.

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To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime. 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read: 

Get to know various types of DAO & their functions

DAOs Perspective on Legal Prospects in Blockchain

Getting to Know DAO: A Community-Focused Decentralized Approach

DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.