HACK VC REVIEW ICO FOUNDERS BUSINESS FUND WITH BLOCKCHAIN TECHNOLOGY.

https://hack.hf.cx/

WHAT IS HACK VC?

HACK VC could be a liquid venture fund on the blockchain. HACK is the Ethereum-based token issued to HACK VC investors. Hackers/Founders (H/F) is a corporation that has been investment in prime startups through AN expansive international network. H/F’s portfolio of cardinal technology startup corporations has made seven exits in just 5 years, together with acquisitions by Facebook and Cisco.

Hackers/Founders (H/F) created HACK VC to bring its prospering approach to the blockchain, increasing accessibility and liquidity for investors. Traditional startup investors will solely understand gains once a corporation is purchased or goes public. Liquidity events, like acquisitions or IPOs, seldom happen in Silicon Valley, and even less thus elsewhere. As a result, investors rarely profit, and ought to wait roughly a decade to search out if they created an honest investment call. However, HACK VC is liquid. Investors in HACK VC should buy, sell and trade tokens during a fund that derives worth from H/F’s pool of well-performing startups. HACK tokens act like digital stock certificates.

Hackers/Founders manages a portfolio of post-product stage school corporations, and provides services in exchange for equity. Equity is combined into funds and offered to investors. H/F’s four funds have yielded seven exits in 5 years. H/F launched its initial school enterpriser cluster in Silicon Valley, and over the past decade, the community has grown up to over 3.00.000 folks in 128 cities and forty seven countries. This distinctive network is vital to H/F’s in progress access to high-quality startups for its portfolio. A community-sourced choice method interprets into higher quality startups within the H/F program, and these portfolio corporations tend to outstrip similar corporations in different funds or accelerators. Not like others, H/F separately tailors its program to fulfill the wants of every startup. The result’s that the H/F portfolio has seven exits out of cardinal corporations in four funds.

HOW HACK VC WORKS?

HACK VC uses blockchain technology to form startup investments offered to folks everywhere the planet and WHO area unit in any respect levels of investment. Those that wish to urge concerned in supporting school startup will pair while not high financial gain. The price of one HACK token is $1 USD, and through the token sale, this minimum gain goes into the fund. Additionally, investors will have the benefit of beginners WHO area unit currently abandoned as a result of they’re in an exceedingly tough world to succeed in due to laws, markets, and different factors. Attributable to the localized blockchain technology, the capital which will be left on the table will currently be accustomed increase the worth for investors.

HACK VC conjointly offers risk diversification. Until now, it had been nearly not possible to realize exposure to distributed startup equity portfolios while not abundant wealth. Most significantly, HACK VC could be a liquid, and offers investors the power to understand profit while not having to attend a decade. Hacker / Founder, creator of HACK VC, has run a proprietary startup program that generates half-hour year-over-year growth over the last 5 years, and already has seven out of 55 firms from round the world. Additionally, the team can present $1 Million of shares from the present H / F Fund 1–4.

HACK VC TOKEN

HACK may be a new Ethereal based mostly token issued by HACK VC, and may be bought, sold-out and listed through the web exchange as a liquid dealing.

HACK is predicated on the ERC223 protocol. ERC223 solves issues with ERC20 standards whereas remaining compatible with ERC20 compatible wallets. HACK may be a tradable digital token that may be used for participation, illustration, proof of membership in H / F or alternative acceptable functions. KrowdMentor, a strategic investment and informatory firm that empowers investors, funds, startups and blocked entrepreneurs, develops the token. KrowdMentor additionally provides good contract development, good contract management system and through alternative consultative roles to support HACK VC.

Token Sale Terms

Notice: HACK VC reserves the right to repurchase HACK tokens

Token Presale

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

Token Allocation

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.

Token Sale Bonuses