Re: [ANN] [BCAP] THE FIRST DIGITAL LIQUID VENTURE FUND - BLOCKCHAIN CAPITAL FUND
I am encouraged that some investors believe the Parity investment is a good move because of Polkadot and Gavin Woods involvement. In order for me to put a value on my investment does anyone actually know why its a good deal from a commercial point of view?
I guess the same reason, why it was a good idea to buy Ethereum 2 years ago.
It still haunts me that i sold almost 10000 for below 50 cents, because i listened to the FUD
http://www.coindesk.com/ethereum-bitcoin-decline-9-million-funding-shortfall/
Since then i am kind of allergic against those FUD trolls.
Yes ETH was a good gamble however the deal between BACP and Parity has specific details and Blockchain Capital will not tell me what they are.
Allow me to repeat a truism that some folks consider FUD.
BCAP raised U$50M: U$40M from VC and U$10M from this ICO. The U$10M raised via the ICO went to Parity, an entity own by millionaires fully capable of funding their greatest invention since sliced bread. The other U$40M raised by BCAP remains untouched IF IT EXISTED AT ALL!
The Russian team overseeing the ICO touted 5 other ICO's supposedly under their control, visible on their website. At the end of BCAP's ICO, the other 5 ICOs were expunged from their website along with myriad posts by me on this non-self-moderated thread. To date, Team Russians have yet to embrace another ICO, supposedly running its course as an entity in this space.