The crypto space is growing each day, and there are multiple use cases over the last few years. However, nobody thought about connecting the forex market with the crypto ecosystem. But Scarab Capital finally did.
Therefore, in this article, you will discover more about the Scarab Capital token and how they will use this asset to unify the forex and crypto sectors.
What is Scarab Capital About?
Scarab Capital is a crypto investment fund that allows anyone to get involved in the same conditions. Using their customized analysis tool, the company divide their investment portfolio into 10 areas with the best re-invested returns.
Source: Scarab Capital
In this fund, its participants don’t need experience to be involved in it. Also, Scarab Capital gives monthly updates of the fund’s performance via a newsletter. BTC, ETH, DOGE, LTC, DAI & BCH are allowed as payment options.
How To Invest in Scarab Capital
Scarab Capital decided to develop its first token to make its participants to invest in the forex markets and use those returns to buy back the token. This company is more of an investment platform. It has its own trading software, Scarab Vi, which guarantees investors a 12% profit a month on average.
As a result, the scarab token price will constantly climb. According to the platform, its token pump does not rely on similar tricks used by meme coins. Most meme coins use promotional and marketing campaigns intended to boost their project’s worth.
However, Scarab token holders will additionally receive a 1% monthly according to the platform’s buy-back scheme. In addition, the token ñholders are also guaranteed a 12% annual bonus.
In a recent tweet it shared, the platform announced the launch of the scarab token is now available on Pancakewap. Therefore, the platform announced an airdrop of 1,000,000 scarab tokens to the first 100 users who add the token to their Metamask.
The #scarabtoken is now live and available to buy via #pancakeswap to celebrate we are going to be doing a 1,000,000 #airdrop to the first 100 people who add #scarabtoken to #metamask. Let’s go. #btc #binance #CryptoNews https://t.co/x4zPhiimT3 pic.twitter.com/qHCaoeHjbh
— Scarab Capital (@ScarabCapital) January 12, 2022
Here’s a breakdown of the Scarab token:
- Total tokens: 100,000,000
- Live Price: $0.00252607
- Redistribution Fee: 1%
- Liquidity Fee: 5%
- Burn Fee: 1%
- Charity Fee: 1%
- Marketing Fee: 1%
- Anti-Whale Max Transactions: 5,000,000
More About Scarab Capital
Following its token launch, the investment platform plans to partner with a regulated broker. It will develop smart contracts for Scarab holdings. Also, it is working on releasing LP Staking and an NFT listing service. Features like an NFT marketplace and auto trade mechanism are in the roadmap during the year, including smart contracts for the Scarab customizable wallet.
Also, Scarab’s team consists of three professional developers, a talented graphic designer, and a creative writer. As part of its plans for an extension, Scarab Capital said it plans to expand its team with new members in the near future.
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