Topic: [ANN] MangoStartups - First Decentralized Seed Capital Fund for Latin America - page 3. (Read 1391 times)

Thanks for the tip and the well wishes skattio. Good luck to you too with your website. 

Thanks for your interest. The MNG (Mango) tokens will be listed at exchanges. Net profits are used to buy back the tokens from the exchanges. Bought back tokens will be burned. So with the volume of MNG tokens decreasing their value and price will increase. Thus investors will be able to sell their MNG tokens with profit.

The process is explained in the whitepaper under chapter 12. There also an example of the process is given. It's all summarized in the infographic below.

guys I'm wondering how the whole buyback process would work. If you would buy the tokens back, what would be the profit of investors and based on what price would you do that? I like the project but trying to understand the concept and use of investment

MangoStartups only focusses on Latin America. Latin America is on itself already a vast world to develop economically through investments. And since InvertUp is established in and thus familiar with Latin America focussing on that area is for them the most secure road to succes.

That's a pretty big portfolio already. Is it specifically focusing on the Latin American market or will it also expand geographically at some point in time in the future?

All net profits of MangoStartups are spent in a buy back mechanism and a bonus system. In the buy back scenario MangoStartups will use their net profit to buy back tokens, which will lead to an increase of value. And in the bonus scenario Mango tokens are distributed to their holders. In either way the Mango token holder benefits from MangoStartups's net profit.

How profitability of startups will affect the course of the coin. Is it planned to buy out coins from profits from startups, in what proportion?

The source code of the Mango smart contract token is up on GitHub, so those of you interested, can now freely audit it. Introducing the highest level of transparency, is an integral part of the innovation Mango is aiming to produce.

This is the MangoStartups token allocation:

MangoStartups is the new blockchain tech vehicle for InvertUp which is an in Latin America established investment fund since 2014. InverUp has already 8 successful startups in its portfolio which yielded returns of up to x12. Through MangoStartups 16 more startups will be added.

More detailed information about the 8 startups, their valuation and InverUp's shares can be found on the website and in the whitepaper.

Website: https://www.mangostartups.com/
Whitepaper: https://docs.wixstatic.com/ugd/0f188c_ee0bf48f5aef42f59a79ca421ac88879.pdf

For how long does Magostartups now exist and do you have any numbers about return on investment thus far? Or is it still completely early stages?

Elias, our in house business strategist and data scientist, published a new piece on Medium on the impact blockchain tech is having in emerging economies. This is a great resource if you’re interested in getting a deeper insight into the Mango mission, as well as the opportunity we see for all the stakeholders of our ecosystem.

Go check it out!

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  /_.~  ~,_\   - MangoStartups has been successfully listed on FOXICO
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Score: 7/10

https://foxico.io/project/icomangostartups

Investors in venture capital are freezing their money for 5-7 years! Iliquidity & unclear exit strategies are the standard in the VC industry.

JOIN the new wave of freedom.  

Choose whenever you want to exit the investment!

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New InfoGraphics have been added to the opening post for a clear overview. They can also be viewed in a combined pdf.

Link to the download: https://drive.google.com/open?id=1dqtxNyOACqUU7NviF8kDdXAGLvoW67HX

"In short, when you invest in Mango Startups you are investing in a carefully selected pipeline of talented startups that graduated from multiple Latin American Accelerators. We have created a diversified portfolio composed by companies with proven business models and high growth potential. With your help we aim to drive capital to a traditionally less accessible economies, with vast growth potential, giving rise to a wealth of virtuous network effects for both our investors and the region at large."

Read more in the MangoStartups Whitepaper

MangoStartups now also has a Hindi ANN thread and whitepaper to serve the Hindi speaking community.

ANN: https://bitcointalksearch.org/topic/ann-mango-startups-2761792

Whitepaper: https://docs.wixstatic.com/ugd/0f188c_718fc992c88742d7886c4ca45395a3bc.pdf

A new article was published by InvertUp's founder and President Marcelo Lebendiker:


How ICOs and Blockchain are reshaping the Traditional Venture Capital Industry

Why is it that we can not find dozens of Unicorns in Emerging Markets and why is it that an angel investor in emerging markets has no real clue on how he will exit the startup investment

It seems that we are dealing in those cases with an act of faith rather than an ROI aproach

Angel investors in Emerging markets are people of Faith …:)

As an angel investor in startup at emerging markets for almost 15 years I find out that there is a reason why we can not have those same results that we are seeing day by day with unicorns in developed countries

It shows up that there is a very strong correlation between dynamics of entrepreneurial ecosystems and capital markets depth . In those countries where we can find a profound capital market, the dynamism of the startup ecosystem is very strong , unicorns , scalable startups , exit strategies etc

In emerging markets were capital markets are very weak we will also see a weak startup ecosystem mainly in regards to risk investment , exit strategies, unicorns, scalabale startups , follow ons etc

ICOs and blockchain technology will change once and forever the Traditional Venture Industry

As a practical example i would suggest to check www.Mangostartups.com , first ICO that is backed by a Seed Capital Fund that invests in Latin American Startups

Through this ICO , investors gain access to a diversified portfolio of actively developed and promising startups in the venture market with a clear exit strategy through wallets and exchanges on blockchain platforms

As I mentioned , Blockchain technology gives a great oportunity to reshape the traditional venture capital industry .

Mangostartups ICO is a game changer in the venture industry allowing clear exit strategies , diversifying risk trough a portfolio aproach investment in a group of startups rather than picking and individual potential winner .

Life is changing !!! Welcome to the new ride in the Venture Industry