Turbocharging Growth: Application to Coin Market Cap Labs Accelerator Program

Proposal Overview

This proposal seeks DAO approval for Chainge to apply to the CoinMarketCap Labs ("CMC Labs") accelerator program. CMC Labs targets Tier 1 early & mid-stage projects, offering to bootstrap network effects for the incubatees in exchange for 1-2% of token supply. More information about the program can be found here: https://coinmarketcap.com/events/cmc-labs/

TL;DR

1. Approving Chainge’s application to the CMC Labs accelerator program.
2. The program will require a commitment of 1-2% of the $XCHNG token supply.
3. IF selected by CMC, we will submit another detailed DAO proposal with the exact token allocation they require, for final approval.

Motivation

The initiative aims to leverage CoinMarketCap's extensive network and resources to support the growth and visbility of Chainge. Participation in the CMC Labs accelerator program aligns with our vision to enhance our ecosystem and drive new users to the Chainge products. This collaboration will provide Chainge with valuable mentorship, networking opportunities and increased visibility in the crypto space.

Benefits

1. Enhanced Visibility and Credibility: Association with CoinMarketCap will elevate Chainge's profile within the industry.
2. Access to Resources and Mentorship: Leveraging CoinMarketCap’s extensive network and userbase will support Chainge's growth.
3. Accelerated Development: Participation will fast-track Chainge’s development and adoption, benefiting from CoinMarketCap's ecosystem.

Next Steps

Upon approval of this proposal:

1. Chainge will apply to the CMC Labs accelerator program.
2. IF selected, we will receive an offer from the CMC team outlining the exact token allocation required.
3. We will then submit a NEW, detailed proposal to the DAO for FINAL APPROVAL of the required TOKEN ALLOCATION

Conclusion

Approval will enable us to apply to the CMC Labs Accelerator Program with the final goal of capitalizing on the resources and network provided by CMC Labs, fostering an environment where Chainge can grow and increase its user base and visibility in the blockchain space