Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ARCHcoin [ARCH] The ARCH Network - NEWS
by
TradingAce
on 14/04/2015, 09:10:25 UTC
2. Arch Project - Moby

We are happy to announce that our flagship project has taken a huge leap forward. While the shipyard is building the prototype, we have registered a company FunnyPyramid Lda http://funnypyramid.pt/ and hired a team to administrate the whole http://moby.io product, from the marketing plan to the economic development leaving the partners to focus on architecture, design and engineering.

Edgar Soares – Architect, Developer and Creator of Moby - Partner

Hélio Mascarenhas – Designer and co-developer of Moby - Partner

Tiago Silva - Marketing Director that has worked for Grupo Gamobar, Peugeot and Audi

Ana Silva – Economist, Financial Advisor, VC Pitcher, CEO at Ecovariante Lda

Financial Administration -   http://www.marso.pt/Default_GB.aspx

Company Registration - https://www.racius.com/funnypyramid-lda/

We are currently looking for a warehouse to serve as a dry dock to assemble Moby, apply finishing’s and test it thoroughly. In the next 2 months we will be finishing the prototype mockup to properly evaluate production costs and draft a sound marketing and business plan to submit to the awaiting venture capital investors, the EU Structural Funds assigned to the program Portugal2020 and start a Kickstarter Campaign. 

It’s important to underline the main detail of the Portugal2020 program, the Minimum Investment is €150,000.00 and ArchVentures is investing 650 BTC using funds raised during the Arch token pre-sale. This will be the starting market cap of this company of which ArchVentures S.A. will own 50%


Portugal2020 Program
Main office is located in Oporto at the address above because of the distribution of the 21 billion euros EU STRUCTURAL FUNDS 2014-2020, mostly centered in the Center and North of Portugal (2 billion euros each) and Algarve (only 500 million)
http://www.portugal.gov.pt/en/the-ministries/minister-in-the-cabinet-of-the-prime-minister-and-for-regional-development/keep-updated/20140131-madr-portugal-2020.aspx

https://www.portugal2020.pt/Portal2020/Media/Default/Docs/avisos/AAC_10_2015_Demonstradores_Individual_30032015.pdf

For the next 2 months (deadline June 24), the company will elaborate its candidacy to the Portugal2020 Program. This documentation will serve as concept pitch and business plan for http://www.portugalventures.pt/ and other Private Venture Capitals awaiting this same economic study.

*Sorry about the Portuguese but there isn’t an English version of the Portugal2020 Program. I’m sure any Spanish speaking user can decipher it easily

All the subsidiary companies have to be separate entities partially owned by ArchVentures S.A. This way, if a Venture Capital Investor buys 20% of Moby, they won’t have rights to any portion of the other Arch Projects like BlockTrust.org, iHash.co or the holding company.

Holding company ArchVentures S.A. is located in Faro, Algarve, Portugal at LARGO S.LUIS nº11-C 1ºESQ.

We have setup a new office and hired a web programmer to assist us coding the wallet interfaces.

http://i.imgur.com/dzsiX3y.jpg
http://i.imgur.com/bApWsts.png
http://i.imgur.com/AxQxpbH.png
http://i.imgur.com/2W6OW9w.jpg







Exciting stuff!