Blockchain Capital Releases Offering Memorandum for Its $10 Million Digital Token Offering

837
ADVERTISEMENTSMunchee Dmarket exhastaWorldcore ICOParagon ICOSpectre Token Sale

Share with:


Blockchain Capital, the premier venture capital firm investing in blockchain technology companies, today announces that it intends, subject to market and other conditions, to offer up to USD $10 million in digital tokens (the “BCAP Tokens”). The BCAP Tokens are an Ethereum-based smart contract digital token representing an indirect fractional non-voting economic interest in Blockchain Capital III, Digital Liquid Venture Fund, LP (“BC III DLVF”). The BCAP Tokens are expected to be issued by Blockchain Capital TokenHub Pte. Ltd., an indirect wholly-owned subsidiary of Argon Group Holdings (“BC TokenHub”).  Full details on the tokens and the offering are disclosed in the Offering Memorandum published on www.vctoken.com.

BC TokenHub intends that the net proceeds of the offering will be transferred to BC III DLVF, which will, in exchange, grant BC III DLVF’s sole limited partnership interest to BC TokenHub. BC III DLVF intends to use such proceeds to invest in blockchain technology and crypto currency businesses and ICOs.

The BCAP tokens are being offered on a limited basis to a maximum of 99 accredited US investors under exemptions from registration with the U.S. Securities and Exchange Commission pursuant to Regulation D, Section 506(c) and Regulation S of the Securities and Exchange Act of 1933, as amended (the “Securities Act”), and the rule promulgated thereunder. Only accredited investors within the US and non-US persons outside of the US will be eligible to purchase BCAP tokens. This press release does not constitute an offer to sell or the solicitation of an offer to purchase the BCAP tokens, nor shall there be any offer, solicitation or sale of the BCAP tokens in any jurisdiction in which such offer, solicitation or sale would be unlawful. The BCAP Tokens have not and will not be registered under the Securities Act or other applicable state securities laws, and may not be offered or sold in the US absent registration or pursuant to an exemption from registration requirements of the Securities Act and under applicable state laws.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

Visit Website
View All Articles
advertisementBlockchain Expo