$CNCL is the main token powering the Ordinals Council ecosystem
Type of token: BRC-20
Total Supply: 10,000
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.