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$CNCL is the main token powering the Ordinals Council ecosystem. Type of token: BRC-20. Total Supply: 10,000. Blockchain: Bitcoin. Token utility:
1. Access to New Projects: One of the main functions of $CNCL token on Toshipad.com is to grant access to its holders to participate in new projects. This could mean access to airdrops, free mints, token sales, or a guaranteed allocation in these sales. The specific access can vary depending on the projects, its tokenomics, and agreements.
2. Community Building: $CNCL token also plays a role in building and maintaining a community around the launchpad. By holding the utility token, holders become part of the launchpad's ecosystem and have a vested interest in its success.
3. Liquidity Provision: In some instances, $CNCL tokens can be used to provide liquidity to the projects launched on toshipad.com. This can be particularly beneficial for new projects that need initial liquidity to get started.
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