HACK VC-LIFE BUSINESS FUNDS IN BLOCKCHAIN
HACK VC is a liquid business fund in blockchain. HACK is a Ethereal based token issued to HACK VC investors.
Hacker / Founder (H / F) is an organization that has invested in top startups through an expansive global network. The H / F portfolio of five startup technology companies has produced seven exits in just five years, including acquisitions by Facebook and Cisco.
Hacker / Founder (H / F) created HACK VC to bring its successful approach to blockchain, increased accessibility and liquidity for investors.
WHY IS THE LIQUIDITY PROBLEM.?
Traditional beginner investors can only realize profits when a company is bought or go public. Liquidity events, such as acquisitions or IPOs, are rare in Silicon Valley, and even elsewhere. As a result, investors rarely profit, and have to wait about a decade to find out if they are making a good investment decision.
WHAT IS HACKER / FOUNDER?
Hacker / Founder manages the post-product portfolio of technology companies, and provides services in return for equity. Equity is combined into funds and offered to investors. Four H / F funds have produced seven exits in five years.
H / F launched the first group of technology entrepreneurs in Silicon Valley, and over the past decade, the community has grown to more than 300,000 people in 128 cities and 47 countries. This unique network is the key to sustainable H / F access to high-quality startup for its portfolio.
HACK is a new Ethereum-based token issued by HACK fund, and can be bought, sold and traded through online exchanges as a liquid transaction. HACK is based on the ERC223 protocol. ERC223 solves issues with 1 the ERC20 standard while remaining backwards compatible with ERC20-compliant wallets. HACK is a tradeable digital token that can be used for participation, representation, proof of membership in H/F or any other suitable purpose. KrowdMentor, a strategic investment and advisory firm empowering blockchain investors, funds, startups and entrepreneurs, developed the token. KrowdMentor also provided smart contract development, smart contract management systems as well as through other advisory roles in support of HACK.
Token Sale Terms
Notice: HACK VC reserves the right to repurchase HACK tokens
Presale Phase 1 begins
Wednesday 15 November 2017 at 12:00AM PST
Visit hackvc.hf.cx for more information or to participate
Token exchange rate
$1 USD = 1 HACK
Currencies accepted: ETH, BTC
Minimum transaction amount: purchase of 1 HACK
Pre Sale Bonuses
70% Token Sale
5% Operational & Advisors
75% Total Token Sale
20% Company Reserves
3% Portfolio Founders
2% Community Development
25% Company + Misc.
75% of all tokens will be allocated for sale, with 5% of that going towards operational overhead. Any additional operational costs will be borrowed out of the remaining 70% and will be paid back at a rate of 5% interest per year.
Company reserves will count for an additional 20% out of all tokens. The company will enforce a 4-year vest with 1-year cliff for any tokens issued to the team. 3% will be distributed to founders of H/F portfolio companies and 2% will be used for community development.
Details Information :
Website : https://hackvc.hf.cx/
Whitepaper : here
Facebook : https://www.facebook.com/hfhackvc
Telegram : https://t.me/hackvc
My profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=924342