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# $CNCL

## What is $CNCL?

$CNCL is the main token powering the Ordinals Council ecosystem

* Type of token: BRC-20
* Total Supply: 10,000
* Blockchain: Bitcoin

## Token utility&#x20;

**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 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 play 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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