Hello crypto lovers, we got new ico here called HACK VC. Let’s read all explanation about it bellow…
INTRODUCING HACK VC
HACK VC could be a liquid venture fund on the blockchain. HACK is the Ethereum-based token issued to HACK VC investors. Hackers/Founders (H/F) is a corporation that has been investment in prime startups through AN expansive international network. H/F’s portfolio of cardinal technology startup corporations has made seven exits in just 5 years, together with acquisitions by Facebook and Cisco.
Hackers/Founders (H/F) created HACK VC to bring its prospering approach to the blockchain, increasing accessibility and liquidity for investors. Traditional startup investors will solely understand gains once a corporation is purchased or goes public. Liquidity events, like acquisitions or IPOs, seldom happen in Silicon Valley, and even less thus elsewhere. As a result, investors rarely profit, and ought to wait roughly a decade to search out if they created an honest investment call. However, HACK VC is liquid. Investors in HACK VC should buy, sell and trade tokens during a fund that derives worth from H/F’s pool of well-performing startups. HACK tokens act like digital stock certificates.
LIQUIDITY OF HACK VC
At present, investors solely profit via startup investment once the startup gets nonheritable or has Associate in Nursing commercialism. apart from those ‘liquidity’ events the investors cash is frozen within the startup.No liquidity is why investors don’t invest in rising markets. 85pct of the world’s technical school acquisitions happen in geographical area, that is why 60pct of the world’s risk capital gets invested with in geographical area.
No acquisitions suggests that no liquidity. No liquidity suggests that investors can’t fruitfully invest. No investment suggests that no nice startups. several countries are attempting to grow risk capital industries to grow their economies. What they ought to be doing is encouraging mergers and acquisitions in their countries. Also, risk capital should evolve to reach rising markets. risk capital funds should be liquid, not simply the startups they invest in. Blockchain funds square measure liquid and may build that happen.
WHY WE CHOOSE HACK VC ?
HACK VC uses blockchain technology to form startup investments offered to folks everywhere the planet and WHO area unit in any respect levels of investment. Those that wish to urge concerned in supporting school startup will pair while not high financial gain. The price of one HACK token is $ one USD, and through the token sale, this minimum gain goes into the fund. Additionally, investors will have the benefit of beginners WHO area unit currently abandoned as a result of they’re in an exceedingly tough world to succeed in due to laws, markets, and different factors. Attributable to the localized blockchain technology, the capital which will be left on the table will currently be accustomed increase the worth for investors.
HACK VC conjointly offers risk diversification. Until now, it had been nearly not possible to realize exposure to distributed startup equity portfolios while not abundant wealth. Most significantly, HACK VC could be a liquid, and offers investors the power to understand profit while not having to attend a decade. Hacker / Founder, creator of HACK VC, has run a proprietary startup program that generates half-hour year-over-year growth over the last 5 years, and already has seven out of 55 firms from round the world. Additionally, the team can present $ one Million of shares from the present H / F Fund 1–4.
For more information, please visit the official website: https://hack.hf.cx/
Whitepaper: https://docs.google.com/document/d/19gNjTd1pdikcGJ8laLC7-8DuSji2wcvIeDr_0qRs9pE/edit?usp=sharing
My Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=958064
My Eth Address : 0x991Bc6636854E9D8720b0c6ACc40B1de6a273d23