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Topic: [ANN] Blackmoon Crypto Platform for Tokenized Investment Fund - page 23. (Read 24833 times)

member
Activity: 172
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Today is the third anniversary of the Blackmoon foundation!

On this day 3 years ago Ilya Perekopsky made the first investment from an external party into the fund and our
CEO Oleg Seydak & Sergey Vasin, investment director created at Flint Capital to invest in alternative lending sphere.

It was a nice 3 years and much more is coming.
Good luck to all of us! BTC Smiley
member
Activity: 172
Merit: 10
Good moning everyone Wink
Can external asset managers become investment advisors?

Yes, Blackmoon Crypto Platform welcomes external investment advisors. Blackmoon Crypto will offer the Fund Issuer Administrative Tool designed for investment advisors and asset managers. This tool is the comprehensive fund management system that acts as a one-stop solution. It covers main aspects of running the tokenized investment vehicle and provides the investment advisor or asset manager with access to the Blackmoon Crypto Platform IT and legal infrastructure. This product will allow investment advisors and asset managers to focus on the investment management for the benefits of the token holders while Blackmoon takes care of all the rest.
newbie
Activity: 23
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Good moning everyone Wink
Can external asset managers become investment advisors?
full member
Activity: 151
Merit: 100
What is BMC token explained by Sergey Vasin, Investment Director.

Blackmoon Crypto Token (BMC) is the token of the Blackmoon Crypto Platform. This token plays an instrumental role on the platform:

 — BMC tokens linked to accounts of a Continuous Contributors receive all the Platform’s fees from the funds creation and operation on the platform;
 — BMC tokens are required to perform certain high level roles on the platform, including that of the investment advisor;
 — BMC tokens give the right to participate in the platform’s decision-making process.

The number of BMCs is fixed and no additional creation is possible after the distribution period.

Based on legal advice and opinions we gathered during the preparation process, BMC tokens would not be deemed as securities by SEC based on the famous Howey test and should be considered as an utility tokens of the Platform. We pay a lot of attention to that matter and are in continuous communications with US attorneys while formalizing our position.



1. Distribution

The Distribution period starts on September 12, 2017 at 01:00 pm UTC and will go until October 11 or until the cap is reached. All available BMC will be issued during the Distribution period. This will be a one-time operation and no additional issuance is available for BMC tokens. The total number of BMC to be issued will be calculated at the end of the Distribution Period according to the formula: amount of BMC sold during the Distribution multiplied by 2.

 — 50% of the BMCs will be allocated to the public contributors who participated in the Distribution process including bonuses provides to contributors during the promo campaign.
 — 30% of the BMCs will be allocated to the Company reserve and locked for a minimum of 36 months. This reserve is a source of the Company’s income after the Distribution Period.
 — 20% of the BMCs will be allocated to the founding Blackmoon Crypto team and advisors, locked in a smart contract with a 24-month vesting period, and six-month cliff. Some BMCs from this pool (but not more than 5% of all BMCs) will be allocated to non-operational advisors and will be locked with a six-month cliff without vesting. Up to 3% will go to subcontractors and bounty campaign members without vesting.


2. Continuous contributors

Continuous contributors are the BMC holders who perform specific roles related to the platform development. One of the main roles that will be available is that of an Investment Advisor who manages tokenized investment funds created on the platform. Other roles will include platform ambassadors, promoters, investment analysts and voters, legal advisors, public auditors and GR advisors. A full list of roles will be publicly available and updated as needed to reflect the current needs of the platform’s development.

We plan to introduce more than ten different roles to provide both common and professional holders with the means to participate in the Platform’s development.

To register as a Continuous Contributor the holder of BMC tokens can choose the role that she/he is willing to execute as a contributor to the Platform and deposit BMC to the depository wallet. The registration will be available on the website before the first fund is started.

3. Proceeds.

BMCs holders registered as Continuous Contributors to the Platform and who have linked their BMC to respective accounts will receive a share of all Funds’ tokens that operate on the Platform in exchange for execution of their roles.

Continuous Contributors will receive a distribution of Funds’ tokens from the first Fund created on the Blackmoon Crypto Platform without having to wait for the company to reach breakeven.
The sources of the proceeds are:

 — Structuring and promotion fee: 0–10% from the amount of the issued fund tokens. On average 2.5%
 — Maintenance fee: This can differ from one fund to another, but on average it may be equal to 0.5% per annum paid daily in fund tokens via a smart contract
 — Transaction fee: This fee occurs upon transferring fund tokens from one wallet to another in the amount of 0.25% from the token amount paid in fund tokens via the smart contract.

4. Downside protection.

We at Blackmoon are strong believers that our solution to create and manage legally compliant tokenized investment funds is the future of the blockchain-enabled asset management industry. We will personally start several funds on the platform to leverage our expertise in alternative fixed income and venture capital. In addition to that, to protect contributors we introduced downside protection:
To protect contributors from dumps the Platform will buy back BMC at $0.8 per token from anybody who is willing to sell. We’ll reserve 30% of raised capital for that in a portfolio of cryptocurrencies. We will keep it working for 24 months.

Handy links:

 — website: https://blackmooncrypto.com
 — whitepaper: https://blackmooncrypto.com/bmc_whitepaper
 — teaser: https://goo.gl/iGWQ5N
 — telegram chat: https://t.me/blackmooncrypto
 — parent company website: https://blackmoonfg.com

Blackmoon Crypto token sale starts on September 12 and it’s poised to sell out pretty fast. We are also gathering pre-orders at https://account.blackmooncrypto.com

Source - https://medium.com/blackmoon-crypto/the-bmc-token-d027a0b35cc[/list]
full member
Activity: 151
Merit: 100
UPDATE:

We are proud to announce Japan BMC web site. Welcome!

ようこそ - https://blackmooncrypto.com/jp

newbie
Activity: 73
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I would like to reserve Chinese(both simplified and traditional) and Vietnamese translation if you need. Thanks.
sud
sr. member
Activity: 826
Merit: 301
Very clever idea, tokenization of real world assets might get some attention soon. GL on the crowdsale!

One question - when the ICO ends?

Hi! The Pre-Order ends on the 10th of September. Or once we reach 1/3 of the cap, whatever is earlier.

WHITEPAPER - https://blackmooncrypto.com/bmc_whitepaper

OK, and the main round of crowdsale starts next and lasts till October 12th (maximum) right?

Nice vid, I like Crypto Trader channel!
full member
Activity: 151
Merit: 100
Very clever idea, tokenization of real world assets might get some attention soon. GL on the crowdsale!

One question - when the ICO ends?

Hi! The Pre-Order ends on the 10th of September. Or once we reach 1/3 of the cap, whatever is earlier.

WHITEPAPER - https://blackmooncrypto.com/bmc_whitepaper
full member
Activity: 151
Merit: 100
UPDATE:

Guys, please watch BMC ICO Review «The "Ethereum" Of Fund Managers!» by Crypto Trader YouTube Channel.

sud
sr. member
Activity: 826
Merit: 301
Very clever idea, tokenization of real world assets might get some attention soon. GL on the crowdsale!

One question - when the ICO ends?
member
Activity: 172
Merit: 10
okey, and what about fund tokens security?



Funds' tokens are going to be securities. And we are going to comply with all necessary regulation regarding that fact.
member
Activity: 172
Merit: 10
What currencies do you accept?


We accept ETH, BTC, LTC. In addition at pre-order, we accept euro (fiat currency).
newbie
Activity: 23
Merit: 0
okey, and what about fund tokens security?
newbie
Activity: 39
Merit: 0
What currencies do you accept?
member
Activity: 172
Merit: 10
i see you have a good chat here! but i have a question: How does the sesuruty system work?
Based on legal advice and opinions we gathered during the preparation process, BMC tokens would not be deemed as securities by SEC based on the famous Howey test. We pay a lot of attention to that matter and are in continuous communications with US attorneys while formalizing our position.
newbie
Activity: 23
Merit: 0
i see you have a good chat here! but i have a question: How does the sesuruty system work?
hero member
Activity: 840
Merit: 500
Twitter: @FedKassad
The project looks very interesting. I also like the way you have organized the bounty rewards program. Quite impressive.

Hey fedmahnkassad, thanks for your feedback, click here for more info about the campaign: https://bitcointalksearch.org/topic/--2078443

Let us know if you have any questions! Thank you!

Actually I do have one question. Is it OK to use only the Avatar and not take part in the signature campaign? Would this count for the Avatar rewards?
member
Activity: 172
Merit: 10
also who is controlling the funds of the platform? what funds will be there? Cheesy

Thank you for your question! Blackmoon will continuously set up investment funds on the Blackmoon Crypto Platform to serve as a proof of concept. To leverage the existing expertise of Blackmoon Financial Group, the first fund will be a high-yield fixed income fund in alternative lending. We are going to lunch it not later than in the first quarter of 2018.
The next fund in the roadmap will be oriented toward a low-risk fixed income to provide more diversification and protection for investors seeking safe-havens. The second fund shall be launched within 3 months after the first one.
The third fund will be oriented toward ICO and cryptocurrency investments to serve the needs of those investors who want to have exposure to the broader crypto-currency market. Please, refer to the timeline in the whitepaper.
Taking into account current level of interest from investment managers, we probably will have more funds on the platform sooner than we forecasted in the White Paper. Let us know if you have any other questions, thank you!
member
Activity: 172
Merit: 10
I checked the Facebook page and read other news about project.Now I can say that I am already love this project and idea.Looking for the success.Good luck team.

Thank you for your kind feedback, we appreciate that! Yes, we definitely aim to revolutionize the industry!
member
Activity: 172
Merit: 10
The concept of the project is very interesting, indeed! 

Thank you RussianMiner! We launched the pre-order, jump on our website: https://blackmooncrypto.com/
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