Topic: [ANN] [BCAP] THE FIRST DIGITAL LIQUID VENTURE FUND - BLOCKCHAIN CAPITAL FUND - page 25. (Read 48390 times)

Will the memorandum release come tonight? It's now 10:25PM Eastern Time. Fingers crossed!

tokens will be unlocked as soon as the ICO end, right?

Where will the BCAP tokens be built on? Ethereum?

Marina - why in terms of buyback the word - "may buy" and not "should buy".... What benefits now for investors? I think they "should" buy tokens if their Net Value is bigger then Token's MarketCap.

Waiting for Offering Memorandum.. Who soon it will be?

Interesting!What I understand is BCAP will manage investments in both crypto tokens and blockchain projects for BCAP token holders/Will token holders get dividend ?

Hi Marina,

I just stumbled upon the BCAP project and your helpful answers in this thread already provided me with a really good overview.

I have two (rather basic) questions however:

The plan is to reinvest 75% of the profits back into the fund. Obviously this should give the fund a great source for future investments, but what incentive does that bring to the token holder? If there is no plan to ever pay dividends (or some kind of bonus) to token holders, why should someone invest in the token in the first place or even be willing to pay more than the ICO price for the token when traded?  Even if the fund does exceptionally well, none of the token holders will ever see any of the profits, right?

Also, I understand that most regular people form the US won't be able to participate. Will they still be able to buy the tokens from an exchange, once the non US token holders are allowed to trade it?

Looking forward to hearing your thoughts regarding this.

Cheers,
Tony

Marina,

Much appreciated. That's a big confidence booster knowing the LP's are committed long term and represent the majority stake of the fund. I figured that the reason was regulatory in nature. Still like the project.

Dear KB - thank you for your interest. The need for the 1 year lock-up for US investors is to do with US securities laws. There is not much we can do around that unfortunately.

The investors in the traditional LP fund are locked in for the whole period of the fund, which is not confirmed yet, but could be around 7-10 years in line with other venture capital funds. LPs in the traditional fund do not have liquidity at all unlike token holders.

We're all looking forward to the memorandum later on today. As always thanks for all the correspondence thus far. I did have another question after discussing some risk elements  with a few of my friends/colleagues. Hate to skeptically poke and prod once again, but really need  to be clear on this: We saw the minimum lock-in time before liquidation for world  investors is 40 days while US investors have a minimum lock-in period of 1 year. So if the fund for any reason started tanking, or alternatively if it took off to a point where  we'd feel motivated to trim off some profit and trade the token, we from US soil would be asymmetrically disadvantaged by remaining locked-in while offshore investors can do what they please or could  totally bottom the fund out if decided upon exiting en masse? I understand that one upside to minimum lock-in periods is fostering long term oriented investments based on faith in the quality of assets, and avoiding pure profiteering, but need to understand why there is such a skewed difference between US and non-US investors, as well as what your motivations are behind that. Additionally understand that the crowdfunding only consists of $10 million USD while there is another larger $40 million USD accounted for by traditional investors - who are these traditional investors and do they have a lock-in time similar or longer than a year which would tremendously mitigate this risk? That would make a difference. If you can give me a reasonable justification for why this exists I will rest easier with deciding on my prospective investment.

KB

The offering memorandum will be available later today, we will announce it here and in our Telegram group. Stay tuned!

I enjoy reading ethereum included in the payment. and project was included in icorating, it means that BCAP concept is a solid investment system.


Today already dated April 3 to provide full details on MoU
give me relevant information in order to get involved in successing this program. https://blockchaincapital.tokenhub.com/

Very good Advertising option you have chosen as above bounties will be a headache work to maintain and in signature campaign you will get lot of exposure to your project and more over through signature campaign your project will get correct and real exposure to the market.

Thank you for your interest. We only have a small signature campaign: https://bitcointalk.org/index.php?topic=1853466.new#new

You are offering other bounties for translations, social media promotion, newsletter and blogging. In OP i don't find link even for signature campaign too.

Thank you for the kind words and your support!

this is one of the well-planned project and one of a very presentable ANN here in Bitcointalk, the teams are doesn't hide their identity and everything seems to be in place, if the plan gets executed, this one will be a success.

It will likely be much later in the day, we will post an update here and you are also welcome to join our Telegram group at https://t.me/vctoken

Stay tuned!

Hello,

Sorry but I couldn't find info about when exactly memorandum will be, at what time? 

Hello, there is no minimum or maximum, please feel free to invest whatever you feel like.

Hello ArgonGroup,

I want to know the minimum fund one can invest into the project and maximum for non-US investors