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How Blockchain Tokenization is transforming VC fund using dNFT

Venture capitals help potential enterprises to raise their capital funds where liquidity and transparency are the two problems acknowledged by investors itself and dNFT is a standard used for tokenizing and transforming the VC funds. In this article, we have discussed the present problems and solutions in the Venture Capital industry. In past times, we […]

The post How Blockchain Tokenization is transforming VC fund using dNFT appeared first on Quillhash Blog.

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Venture capitals help potential enterprises to raise their capital funds where liquidity and transparency are the two problems acknowledged by investors itself and dNFT is a standard used for tokenizing and transforming the VC funds. In this article, we have discussed the present problems and solutions in the Venture Capital industry.

In past times, we have seen VC tokens been tokenized in Ethereum blockchain. Using the Security Token or ERC-20 tokens in Ethereum has been popular to solve this use case. In this article, we will look at how VC funds can be tokenized in EOSIO blockchains using dNFT. Consider each company to be raised and represented in the form of each dNFT token. Each dNFT can have a maximum of 100 PERs representing 100% ownership. If a company wants the funds equivalent to its say x% ownership, x PERs are issued to the company. The company asking for VC funds can exchange these PERs of company NFT with cryptocurrency or Fiat payment. In this way, it provides liquidity to its investors and to crowdsale the fund-raising process. Creating an NFT in technical aspects allows one to uniquely define the company and its category at present.

Coin Architecture
Coin Architecture

Rationale

  1. Companies looking for VC funds define the category of funding needs like Seed capital, Early-stage, etc. The nonfungible token is created for the company holding 100 PERs (~100%) by the creator account. As per the actual ownership of stakeholders, the PERs are issued by the creator. Note: company can actively be in only 1 category only.
  2.  validator accounts verify the creation of NFT in real-world i.e. verifies if the owner of x PERs actually holds x% ownership in real-world. These validator accounts are of the VC Funds platform. They verify KYC and all the documents/accreditation process required in the real-world and make it a legal deed.
  3. After successful validation by validators, any owner can sell the ownership of NFT in the form of PERs and ask for funds. They can sell in 2 ways, either by fixed price per percentage (allows multiple owners for x PERs) or via a bidding mechanism (allows the transfer of x PERs to the largest bidder).
  4. Investors can hence own the NFT (company) in exchange for cryptocurrency. After every trade, the valuation of NFT is changed.
  5. The valuation of ownership of NFT on the blockchain is based on cryptocurrency & hence liquid. So, the valuation audit for 100% of the company by a trusted third-party entity is performed each quarter and published as a current valuation of each PER.
  6. Investors can effectively exit the ownership to realize gains by selling their NFT percent ownership after minimum investment time is realized or by safe-exits procedure anytime explained below. 

How investors can invest in VC funds? 

The standard token contract (eosio.token) is deployed with few conditions of min. investment and equivalent value to 1 USD for each token. 

The number of tokens is based on an interest of 5% profit of VC per annum for each investor individually. Hence the number of tokens with a particular investor rises with each token still having the value of 1 USD. This rise in tokens happens every year for the investor. 

In case of safe exits required by investors, they can exit any time with 50% cash and leftover 50% still in the form of tokens. Subsequent withdrawals can be in 1 month time period till 6 months. 

Hence, the VC firm gets investment in the long run, as well as investors, tend to gain profit year by year. 

Transparency matters! 

VC funds need transparency for how much equity they have invested and for how much price. This is done using the concept as discussed above using dNFT.

Investors investing in VC funds need transparency to profits of VC firms. For each sale of equity (PERs of dNFT) the profit gain in cryptocurrency is noted in the VC’s account with the timestamp. For that timestamp, the equivalent USD value is compared with an initial investment for the same PERs. 5% of the gain calculated is directly received by investors. 

Companies receiving funds from VC firms are bound to VC firms legally in terms of equity and other deals.

Conclusion

We aim to lessen the difference between real-world and blockchain data. It becomes easier for investors to invest, also keeping it transparent and easy for owners to ask for cash.

dNFT, a transforming standard for tokenizing is the next thing for the tokenization of VC funds making out the best returns which prove to be fine for both the ends, just check more about dNFT here:
https://dnft.quillhash.com/

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Source: https://blog.quillhash.com/2020/07/08/how-blockchain-tokenization-is-transforming-vc-fund-using-dnft/

Blockchain

MATIC Price Analysis: Weekly and 4 Hr Chart Analyses Reveals Buy Signal for Polygon

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Polygon recently set a new record for highest bounty paid in DeFi. The team at Polygon paid a two million US dollar worth of bounty to Gerhard Wagner, a white hat hacker who discovered a crucial vulnerability that had put around 850 million US dollars’ worth of capital at risk.

So what type of vulnerability could this be? Well, it’s a double-spend bug, a type of bug that could have tuned catastrophic for the Polygon ecosystem.

Bullish/Bearish Scenario

  • The bear-trap candlestick formation on the weekly time frame, alongside the buildup of bullish divergence on the 4HR time frame, shows that the bulls are back in control.
  • A breakdown of the 1.152 support implies a bearish takeover.

Important Weekly Polygon (MATIC) Announcements

  • Immunefi, a bug bounty, and security platform acknowledged that the bounty is the highest that has been paid in decentralized finance [DeFi].
  • Another exciting announcement in the Polygon ecosystem is the PECO-Polygon Ecosystem Index, which makes it possible for participants to bet on the performance of Polygon [MATIC] projects. The PECO Index is a single token that captures the best native projects on @xPolygon.

Without any further delay, Let’s analyze the MATICUSDT price chart.

Polygon (MATIC) Price Analysis:  MATICUSDT Weekly Chart 

Following the path of most top altcoins in the cryptocurrency market, the MATICUSDT triggers a bear-trap candlestick formation while trading within a rising and expanding wedge.

Although the crypto pair still trades below its all-time high, higher RSI readings above level-25 tell us that we are still in an uptrend and we may soon see a surge in demand for the MATIC token.

Polygon (MATIC) Price Analysis:  MATICUSDT Daily Chart 

A recent regular bearish divergence on the daily chart above shows that we may soon see a slowing and possible correction of current gains.

Failure of RSI values to breach below level-25 would suggest a continuation of the current uptrend.

Polygon (MATIC) Price Analysis:  MATICUSDT 4 Hr Chart 

As the RSI prints higher values above level-25 on the daily time frame, the 4HR time frame confirms entry into the uptrend with an exit of the oversold area [level-25] with the recent entry of oversold at press time.

Regular and hidden bullish divergence setups are instrumental for the previous trend reversal and current trend continuation we see on the above intraday chart.

An impending hidden bullish divergence at press time may be sufficient for the bulls to find a price floor above the 1.491 support and restore the MATIC price into new highs.

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Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Source: https://coingape.com/polygon-matic-price-analysis-intraday-hidden-bullish-divergence-signals-trend-continuation-for-maticusdt/

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Blockchain

Harmony’s ONE Token Targets $1 After Breaking All-Time High

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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

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Source: https://cryptobriefing.com/harmonys-one-token-targets-1-after-breaking-all-time-high/?utm_source=main_feed&utm_medium=rss

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Blockchain

NEAR Announces $800M in Development Grants

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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

PlatoAi. Web3 Reimagined. Data Inteligence Amplifed.
Click here for Free Trial.

Source: https://cryptobriefing.com/near-announces-800m-in-development-grants/?utm_source=main_feed&utm_medium=rss

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