New Capital: Source force Platform Launched
What is New Capital
New Capital as an incubator supports and advances transformative infrastructure projects. Quoting from their website "We actively seek and support projects that are beneficial to mankind and have considerable transformative potential. These projects are carefully selected to meet our vision, and must be driven by a talented and result-driven team whose goals are in line with our philosophy.
We partner with visionaries, entrepreneurs and breakthrough idea generators to help them achieve their dreams by providing funding, expertise in technology development and business execution, and go-to-market strategies and guidance."
They have initially selected 3 projects- win.win, Fix.network and Depository Center. win.win project was launched recently, and it will act as a truly decentralized, peer-to-peer exchange for the direct transacting of digital assets between users. The launch of the win.win project has been nothing less than extraordinary, where close to 650 MN are online now which are worth more than a million USD as per current prices.
Source Force Platform
New Capital team has recently launched a Dedicated Platform for community contribution, where users can submit their work towards any of their project and they will be rewarded by the team, if their work is substantial towards project growth.
As I mentioned in my previous article that win.win team was readying to launch a dedicated website for the community members to submit their work and they have done so in record time, with the launch of “Source force Platform”- https://my.new.capital
why need separate platform
This need was felt with the working of win.win project. One of the major attraction of TWINS was the handsome rewards being paid to the community members for their contributions towards the project. This obviously attracted some users to make a quick buck while doing some mechanical and work which result into less output. That’s why a need was felt to put a robust system in place to check such users.
Keep in mind that this is a platform for new capital and its associated projects, not only for TWINS. The team has put in a robust system not only for the win.win project but also for all the projects under New Capital.
This new platform offers:
- It ensures a better scrutiny of the works submitted by the community members.
- A person needs to go through a simple KYC before they start contributing towards the project.
- Discord login has made the platform easier to use and also easier to manage the users. There is no need for opening separate account for it.
- More transparency, because everything is publicly visible now. All users can see the work submitted by others and scrutinize them too.
- It represent the professionalism of the New Capital team that they have prepared a completely separate dedicated platform for this purpose.
This is an awesome initial job, and I assume that we will see some major improvements in the platform over a period of time. But there are some areas which I think can be worked on- like, the KYC requirements for submitting the work. Most of the people in crypto space likes to retain their identities and that’s why it may deter some potential good members from contributing towards the project. I truly believe that we can find some alternative for this in near future.
Official project links:
Website: https://new.capital/
Github: https://github.com/NewCapital
Discord: https://discord.gg/SAMDbxV
Social force platform: https://my.new.capital