In this article, I will write about Conceal Labs, an ongoing project under the Conceal Network umbrella.
CCX is one of my favorite coins which is now in my top 10 list.
What is Conceal Network?
“Conceal Network (CCX) is a decentralized blockchain bank, with deposits and investments paying interest rates, without the involvement of financial institutions, powered by 100% open source code”.
“Conceal Network enables untraceable and anonymous messaging, and a secure way to transfer funds. Using a distributed public ledger, the sender and receiver are kept anonymous”.
For a detailed analysis, you can check the link.
What is Conceal Labs?
Conceal Labs is a platform where you can apply with your own project to build upon the Conceal ecosystem.
It is a portal where every individual can apply with his/her project and you can get funding for your projects.
There are some conditions to apply the platform:
- Your project needs to have something to do with Conceal. For example, you can build a banking game on top of CCX and have your own monetization system on top to earn money.
- The brand name of Conceal must be protected. As a result, there will be no ponzi projects.
In order to get funding, there are some requirements:
- Project name.
- Description of the project, so its clear what its aiming to achieve.
- Funding needed in CCX.
- Deadline and roadmap for the project.
- Detailed technical specifications that make it easier to decide.
After your application, the CCX team will decide if the application meets the criteria.
When your application approved by the team, there will be community voting. If the community decides to approve your project, than you are free to start.
The main aim of the Conceal Labs is to attract new developers. Moreover, the team will offer some of them to join the core CCX team.
As always the CCX team do, they will also be 100% transparent with the funds and with the applications.
Each finished project will be listed on the Conceal official website.
For more questions or request, you can join the Conceal Discord.