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Lotus Capital

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News

Payward to Acquire Saldo Bank for European Banking Expansion

Payward, the parent company of Kraken, plans to acquire Lithuania-based Saldo Bank to enhance its banking capabilities and integrate banking products with crypto services.
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Maria Fernandez

Germany's Sparkassen Group Begins Cryptocurrency Trading Rollout

Germany's Sparkassen savings bank group is starting a phased rollout of cryptocurrency trading within its existing banking app, beginning on October 19, 2023.
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Gustavo Mendoza

CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19

CME Group has scheduled the introduction of Bitcoin Cash and Uniswap futures for October 19, providing institutional traders with more cryptocurrency markets.
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Rajesh Kumar

What is Lotus Capital?

Lotus Capital will operate the IDO platform to support startups and serve as a venture capital fund for established companies.

Lotus Capital - dapp.expert

Lotus Capital wants to help developers to overcome the problems, associated with small cryptocurrency projects that do not have sufficient financial support. This will help you to stay afloat in the earliest stages. The project team will allow the initial decentralized offering (IDO) to create a larger capital base to launch their platform. This way, you can get a solid basis for interest from investors.

IDO — a new way for startups and mature businesses to raise the capital they need to launch, grow and help their company to achieve its intended goals. They are the bridge between crowdfunding and venture capital.LotusCapital

Lotus Capital will offer an acceleration program to help to raise funds for the IDO platform. The developers will provide a range of services and support to help developers to realize their ideas, promote their products or services, gain momentum online and offline, preparing them for their initial decentralized offering (IDO).

In order to encourage the widest possible participation, an incentive for investors is offered. 2% of all transaction revenues will be prorated to token holders in the form of BUSD reflections to those holding at least 10,000 tokens ($LC) in an individual wallet. This minimum may change in the future as Lotus Capital© continues to grow.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.