HACK VC is a liquid venture fund on the blockchain. HACK is the Ethereum-based token issued to HACK VC investors.
Hackers/Founders (H/F) is an organization that has been investing in top startups through an expansive global network. H/F’s portfolio of fifty-five technology startup companies has produced seven exits in only five years, including acquisitions by Facebook and Cisco.
Hackers/Founders (H/F) created HACK VC to bring its successful approach to the blockchain, increasing accessibility and liquidity for investors.
What is a hackvc Token?
HACK is a new Ethereal based token issued by HACK VC, and can be bought, sold and traded through the online exchange as a liquid transaction.
HACK is based on the ERC223 protocol. ERC223 solves problems with ERC20 standards while remaining compatible with ERC20 compatible wallets. HACK is a tradable digital token that can be used for participation, representation, proof of membership in H / F or other appropriate purposes.
KrowdMentor, a strategic investment and advisory firm that empowers investors, funds, startups and blocked entrepreneurs, develops the token.KrowdMentor also provides smart contract development, smart contract management system and through other advisory roles to support HACK VC.
Benefits to portfolio companies
Our approach is decidedly hands-on. We partner with the best firms in the industry to maximize value to our portfolio.
Token Sale
- Token Sale Launches After Cap Stage 2 Reached
- Token exchange rate
- 1 USD = 1 HACK
Transaction
- Currency received: ETH, BTC
- Minimum transaction amount:
- buy 1 HACK
- Minimum Investment
- US: $ 50K
- Rest of the world: $ 1
- Hidden hat
- Revealed when 80% achieved
Token Sale Bonus
Allocation of Token
- 70% Token Discount
- 5% Operational & Advisory
- 75% Total Token Sales
- 20% Reserve Company
Founder Portfolio 3%
- 2% Community Development
- 25% Company + Misc.
- 75% of all tokens will be allocated for sale, with 5% of the amount leading to operational costs. Any additional operating costs will be borrowed from the remaining 70% and will be paid back at 5% interest per annum.
The company reserves will calculate an additional 20% of all tokens. The company will impose a 4-year vest with a 1-year cliff for every evidence issued to the team. 3% will be distributed to the founders of the H / F portfolio company and 2% will be used for community development.
Token Presale
Presale Phase 1 begins
Wednesday 15 November 2017 at 12.00 PST
Visit hackvc.hf.cx for more information or to participate
Token exchange rate
$ 1 USD = 1 HACK
Currency received: ETH, BTC
Minimum transaction amount: purchase 1 HACK
(US citizens have a higher minimum due to existing laws Contact us for more details)
Campaign bounty
You can get a HACKVC token for free If you are a member of the Bitcointalk forum.
1% Hack token issued will be given to people who share their time, knowledge, expertise and help all of this come true.
The stock you will get from your campaign will get 1% Token Hack at the end of the campaign.
Bounty will be divided among participants in proportion to the amount of the bet.
Total Bounty Pool will be divided as follows:
- Twitter Campaign — 10%
- Facebook Campaign — 10%
- Translator & Moderator — 20%
- Blog + Medium — 30%
- Signature Campaign — 15%
- Telegram Campaign — 5%
- Youtube Campaign — 2.5%
- LinkedIn Campaign — 2.5%
- Medium Campaign — 2.5%
- TokenMarket Campaign — 2.5%
So a quick review of Token and the HACKVC bounty campaign.
Summary
HACK VC is liquid. HACK tokens can be traded freely via online exchanges
Companies are selected for investment only after several rounds of reviews by boards of experts and acceptance to portfolio program
100% of returns from portfolio exits will be reinvested into existing or recently accepted H/F portfolio companies
Up to 20% of the fund raised will also be used to liquidate our existing funds which are comprised of the best companies in our portfolio
In addition, the team will be contributing $1 Million of stock from existing H/F Funds 1–4
Team
Advisors
Details Information :
Website :https://hackvc.hf.cx/
Whitepapper :https://docs.google.com/document/d/19gNjTd1pdikcGJ8laLC7-8DuSji2wcvIeDr_0qRs9pE/edit
Telegram :https://t.me/hackvc
Facebook :https://web.facebook.com/hfhackvc?_rdc=1&_rdr
Twitter :https://twitter.com/hfhackvc
Profile Bitcointalk :https://bitcointalk.org/index.php?action=profile;u=1275057
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