DarcMatter Coin (DMC) The Future of Decentralized Financial Services

6 min readJul 1, 2018

ABOUT DARCMATTER COIN (DMC)

DarcMatter is the first truly decentralized global platform for the alternative fund investment industry. DarcMatter already has a global presence with usage from over 24 different countries. Given the global reach and usage of DM, the team is eager to create platform solutions that encompass cutting edge technology. While there has been much development, many tasks in the alternative fund space are still considered manual and require the participation of numerous intermediaries and service providers to provide the compliance, security and transparency necessary for investors to connect with non-public alternative fund opportunities.

DarcMatter is developing a blockchain based distributed ledger to remove opacity and inefficiencies from the global alternative investment industry.
DarcMatter Coin (DMC) is a utility token that will be used by fund managers and investors to create smart contracts for the investment completion process, and will also be used to access due diligence reports, KYC, and AML details.
DMC will be used for a permissioned blockchain, and will use systems that run natively on the NEM blockchain.

DarcMatter Coin (DMC) Highlights

Global Top Platform

DarcMatter is an already fully operational global platform, that allows investors all around the world to access the alternative fund asset class in a transparent and secure fashion. Highlights for DarcMatter include:

Global Accolades: Awarded as Top FinTech platform from over 4 countries
Worldwide Investor Reach: 1300 investors (institutional, advisors and individuals) use utilize the platform to source new investment opportunities
Expansive Global Access:150+ Funds on the platform with over $10 billion in total AUM
Global-Minded Team: Award winning team and top-caliber investors and advisors

Ability to Scale to Additional Functions

Alternative funds, while massive, represent just one of the industries in which the technology can be applied. Much of the industry constituents are focused on P2P type payment / financial transactions or (on the other end of the spectrum) enterprise solutions between institutions, like banks. DarcMatter’s platform and its technology has the ability to link these two components. We believe that the traditional investment banking model is broken (to which alternative funds is just one component) and ease of access from the individual retail investor to the most attractive (and previously inaccessible) financial opportunities is perfectly capable and feasible.

Transparency and Security

DMC (DarcMatter Coin) will use systems that run natively on the NEM blockchain and will also benefit from many of its important characteristics, including the proof-of-importance. Many other cryptocurrencies do not require that a ‘miner’ or the capability to verify such transactions, to be a constituent to the community. Others only rely upon the stake that the user might have. The Proof of Importance (PoI) allows for a natural synergy of both.

Critical Phase of Industry Changes

The alternative fund industry has been notoriously slow to change which was driven by both the culture of the industry as well as the regulatory burdens. However, the industry has reached a critical inflection point where the need for the market incumbents to access each other securely and seamlessly is becoming very critical. Large cases of fraud, impropriety, frictions around global access and a growing investor pool, have all played a massive part in these changes. The industry is now ready to embrace technological reform as a solution to much of the issues that plague the industry.

The DarcMatter Platform

Company Introduction

Established in 2014, DM’s platform connects GP’s actively raising capital with Investors (LPs) globally, to seamlessly connect, access fund documentation, and invest in a curated set of Hedge Funds, Private Equity, and Venture Capital funds efficiently online. Headquartered in New York City, DM also has offices in Shanghai, Hong Kong, and Seoul, South Korea, where the regional teams work with local investors to provide direct access to cross border investment opportunities via the platform. DM is developing a blockchain based distributed ledger to remove opacity and inefficiencies from the alternative investment industry globally. and reporting process while decreasing geographic boundaries.

Accolades and Mentions

Since DarcMatter’s launch, the company has been recognized and awarded with numerous accolades globally. DM’s award-winning platform technology has been noted in the press and by well-known financial networks, as a key FinTech solution focused on increasing transparency within alternative investments.

Transactions

All fees associated with transactions using DMC will be paid to DM, the parent company. At the completion of each transaction a certain portion shall be provided to the Singularity Node (see below) performing the transaction verification and the remainder shall be provided to DM in exchange for the specific functionality.

DARCMATTER’S MANAGEMENT & CORE TEAM

Sang Lee — Chief Executive Officer
Sang H. Lee is the Co-Founder and CEO of DarcMatter. A leading pioneer within the Financial Services and Technology industries, Sang has worked to push forward necessary regulatory changes, as well as industry buy-in to achieve much of the platform boarding, the industry has seen today. Sang has been recognized as an ‘Under30CEO Entrepreneur to Watch in New York City’ and a ‘GOOD100’ fellow, an annual list of 100 change making entrepreneurs.

Natasha Bansgopaul — Chief Operating Officer
Natasha Bansgopaul is the Co-Founder and Chief Operating Officer (COO) of THE
Global Award Winning FinTech Platform, DarcMatter (DM). She is a part of the founding team of both DarcMatter and Return on Change, joining the company as an experienced marketing and strategy professional with over 10+ years of demonstrated leadership through key strategic roles at both Fortune 50 and Fortune 100 companies.

Konstantin (Stan) Solodkyy — Chief Technology Officer
Stan is a CTO of DarcMatter and have joined the management team in 2013. He is part of the founding team of both Return on Change and DarcMatter. Stan is a pioneer in the technology industry being an early supporter of cutting edge technologies and platforms from the ground up including blockchain. Being an engineer by his education and calling, Stan received Master of Informatics degree at the age of 20. Starting his career early, he has 17 years of experience developing commercial software. He started from Windows API development in early 2000s and later on he covered mobile, server and frontend development working with such verticals as banking, fintech, trading, e-commerce, manufacturing, cloud services, professional services. Now an active participant in the blockchain movement, Stan will lead DarcMatter’s efforts in upgrading its platform.

Mai Gang (Mark Mai)
Co-Founder of OKEX and Founder of VenturesLab

John Nahm
Strong Ventures Managing Director

Samson Lee
Founder and CEO, CoinStreet Partners

Simon Seojoon Kim
Chief Executive Officer #Hashed

George Sun(孙刚)
CEO CMK Capital

Hwisang Kim
Chief Investment Officer #Hashed

Dr. Moe Levin
CEO of Keynote, Co-Founder Blockchain Academy

Motti Peer
Co-CEO Blonde 2.0

Adrian Lam
Founder, Workzspace.com and ICO Advisor

Mattan Lurie
Private Equity Investor

Joseph Daniels
Partner, McCarter & English

Sophia Ha Ho
DM ICO & Acquisition Strategist