I'm not involved in Bitcoin and cryptocurrency but was referred to DNotes in regards to your venture capital program where you help companies raise up to 3 million dollars through legal fundraising. The ICO route currently seems very risky, if not outright illegal, but you list on the white paper that DNotes will be facilitating ICO's. What might that look like, and will there be investor protections?
Will DNotes Consulting and Venture Capital be focused on funding for cryptocurrency based businesses only, or can unrelated businesses participate also?
Hi Member Hero, welcome to DNotes.
DNotes Global NextGenVC is contingent on the successful completion of our Reg. A+ Mini-IPO Tier 2 to raise up to $50 million from accredited and non-accredited investors.
During the first year of operation, NextGenVC will select one among many potential candidates that best fit our business model and best in class mindset. It does not have to be in the cryptocurrency business but one that could benefit from our association as a digital currency and blockchain technology leader. High preference will be given to companies that have a revenue producing history of at least two years with high growth and profit potential but constrained by other shortcomings. Up to $3,000,000 will be funded by our group to best position the company for successful funding.
We will mutually select a funding program that best meet the company's capital needs provided that we can be in compliance with existing security laws in a security token offering. The security token will be offered in conjunction with DNotes blockchain and DNotes Global exchange when available. More details will be disclosed in the coming months. We believe that ICO can be an excellent tool to facilitate capital formation but must be structured with consumer protection and in compliance with existing security laws.
This is in line with our vision of mass adoption of DNotes and the best use of DNotes Global's fully integrated ecosystems. However, please understand that we will be very selective.
Thank you for the speedy reply. So if a successful candidate will exchange equity for acceleration capital and consultation services, does this mean DNotes consultation services will be provided over the duration of the businesses lifetime? Or will equity be sold off as DNotes so chooses?
From what I have seen, DNotes has a good business model. What terrifies me the most about cryptocurrency is inadvertently being caught up with criminal activity, and being found guilty by association. Until such risks are mitigated, conservative investors will not be participating in cryptocurrency. If DNotes can pull off what is being claimed, it will remove entry barriers for major investment firms who are chomping at the bit to place their bets. At that point I would consider adding cryptocurrency to my investment portfolio.
Can you give me an idea of which stock exchanges DNotes Global might be listed on?
Some analysts are calling for corrections/reversals in these respective markets. would it make sense for DNotes to avoid exposure to these markets until they stabilize and return to their average trendline?
Sorry for taking up so much time of your time with all these questions and thank you in advance for the reply.