Science ICO Analysis: Investing in the next unicorns in the blockchain space

Overview
Science is a Los Angeles based startup studio that invests, develops, and acquires businesses. In the past, Science has invested and incubated Dollar Shave Club, company that sells & delivers razors and men’s grooming products. In 2016, Dollar Shave Club was sold to Unilever for a billion dollar. Along with Dollar Shave Club, Science has invested in several other companies that made successful exits as shown below,

Science aims to create a token fund and invest its capital into building an ecosystem of blockchain entrepreneurs who can utilize the incubator’s resources to iterate their ideas quickly and launch their own ICOs.

Token Economics
Science is issuing the first security token that offers two unique ways of return on investment.
Science plans to hold 25% of its portfolio company’s tokens, 70% of which will be distributed to SCI token holders.
Whenever their portfolio company makes an exit, SCI token holders can expect to receive a fraction of the profit that was made.

Token Details
SCI is an ERC-20 token which represents “an indirect fractional non-voting economic interest in the sole limited partnership in the Incubator structure.”
Each SCI token will be worth $1 and the sale will be soft capped at $50,000,000.
Less than 10% of their proceeds will be spent on legal expenses and the rest will be used to invest in blockchain companies.

Management Team

Mike Jones — Strategy, Operations, Growth
Former CEO of Myspace, Userplane, Tsavo, PBJ. One of the most active Angel Investors in LA. Was a board member at Dollar Shave Club, and others.

Peter Pham — Fundraising, Business Dev
Have lots of fundraising experience. Former VP at Photobucket, and former CEO at BillShrink. Well connected in the investment community.

Greg Gilman — Legal
20+ years of experience in the startup community as an advisor, founder, executive or investor. Legal counsel to many Science portfolio companies.

Tom Dare-Finance and Operations
Lots of experience as a financial executive at startups. Former CFO at Tsavo.

Strengths
Strong management team with extensive operational and investment experience.
Quicker ROI due to liquid tokens than traditional angel investing which could take years before seeing any returns.

Weaknesses
US investors would have to accredited and only 99 of them is allowed. Europeans would have to be Qualified investors within the meaning of Directive 2003/71/EC.
Token is not for resale or redistribution.

Conclusion
Science presents speculative long-term opportunity for international investors who are seeking exposure to blockchain-based companies that could be the next Dollar Shave Club.
This offering is extremely attractive in the sense that investors can expect to profit from the tokens without having to wait years until startups exit. Even though this investment opportunity is open to a select group of investors due to securities regulations, it is a very lucrative investment opportunity for the offshore investors who would otherwise not have access to silicon valley-based startups.

ICO Summary: https://s3-us-west-2.amazonaws.com/scienceblockchainlogo/Scienceblockchain_Form_Digital.pdf
Offering Memorandum: https://s3-us-west-2.amazonaws.com/scienceblockchainlogo/ScienceBlockChainOM.pdf
Token sale Link: https://tokenhub.com/sci

Note to readers:
At the time of this writing I am neither an investor or affiliated with Science Inc. in any way. Do not take the opinions in this article as financial advice. I am not a financial advisor. Please seek out the guidance of a professional accredited financial advisor before making any financial or investment decisions. The opinions in this article are solely opinions of an individual investigating the cryptocurrency landscape.