SpaceBit Capital Announces the First Tokenized VC Fund for the Final Frontier

HomePress ReleaseSpaceBit Capital Announces the First Tokenized VC Fund for the Final Frontier

25 October 2018 [Via Satellite].

On the 25th of October 2018, Spacebit Capital announced the world’s first ever tokenized venture capital fund for the space industry. The announcement was made simultaNEOusly at the World Investment Forum in Geneva and the World Blockchain Summit in Dubai.

Making a Greater Leap for Crypto

The private space industry is a rapidly-growing market, projected to be worth trillions of dollars in the near future, according to a recent Goldman Sachs (2016) report. A new vision of space is beginning to emerge. Once only accessible to governments and large corporations, it is now open to small companies and even for public participation. Exciting projects involving new space missions, the Moon, Mars, and asteroid mining will all bring considerable opportunity and economic value for future generations.

Those resources will not only change the course of humanity but also provide an avenue for investors to meaningfully participate in our next great adventure. Blockchain alone gives us unprecedented capabilities to create and trade value in society. As the foundational platform of the Fourth Industrial Revolution, it can help to create and distribute new values to be gained from exploring the final frontier. Tokenisation of missions and space assets will help to create and measure new value to humankind, whilst appreciating increased liquidity and public participation.

Tokenizing the Final Frontier

The fund will focus on early stage, space-related IP intensive companies for near earth and lunar applications and predominately invest in downstream (software) and commercial applications relevant to satellite communications and data, with a particular focus on those incorporating blockchain technology. It is well known that satellite data and its efficient communication has been an enabler of new commercial opportunities and social innovations, from applications in intelligent transport and smart cities through to the agriculture, insurance, and maritime industry. The ability to tokenize communications and data is a key enabler for the future economy, allowing for such opportunities to be extended, forming a new global space economy whilst redefining the existing venture capital model and bringing liquidity into long-term space projects.

The funds’ secondary investments will target enabling technologies, such as those in propulsion, robotics and remote sensing which are required for the upcoming generation of Space missions. To complement the fund a network of Crypto Space Angels has been formed, comprising of experts, investors, and visionaries from the cryptocurrency and blockchain industries.

Crypto Angels for Space Technology

The creation of the Crypto Space Angels network is another step toward realizing a greater mission for crypto and creating an ecosystem to enable mankind to venture further into space. The purpose of the Crypto Space Angels is to create a global network of crypto investors who want to make a difference and support development of the space industry.

Fund partner Pavlo TaNASyuk commented: “We have developed a clear roadmap for our future investments and a pipeline of space projects ready for execution and funding. The initial investment phase will concentrate on the European markets. We believe that the creation of Spacebit Capital will help harness the latest innovations in satellite data and communications technology and drive the next digital revolution. We are soon opening investment opportunities to qualified investors, but in the future, we hope to establish a hybrid model where any individual will be able to directly invest in large-scale space projects, which forms a key part our vision”

Website:

www.spacebit.capital

www.CryptoSpaceAngels.com

Spacebit Vision: https://www.youtube.com/watch?v=6p28wNUCWX8

Contact: nadeem@spacebit.capital

Please See Disclaimer

PreviousAlibabacoin Foundation Releases Multi-Crypto Wallet after Huge ICO Success

NextWhich Game Will Top Cryptokitties and Tron (available on Binance) Dogs?

If You Liked This Article Click To Share

Disclaimer
Statements & Policies
Summary of Disclosures
By accessing CryptoCurrencyNews.com (hereinafter referred to as “this website”) you hereby affirmatively represent to Market Jar Media Inc. (“Market Jar”) that you have read and understood the entirety of the following statements and policies
If you do not agree to these Statements & Policies, you may not use the CryptoCurrencyNews.com website and affirmatively acknowledge that you have not used or viewed content on the CryptoCurrencyNews.com website
Market Jar is neither an investment advisor nor broker-dealer. The information presented on the CryptoCurrencyNews.com website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on CryptoCurrencyNews.com constitutes advice easeor a recommendation.
The opinions and analyses included in this website are based on factual information obtained from public filings and other sources deemed to be reliable and are provided “as is” in good faith. Market Jar makes no representation or warranty, expressed, implied or statutory, as to the accuracy or completeness of such information, which may be subject to change without notice.
Safe Harbor Statement
This website contains forward-looking statements applicable to future anticipated performance, growth, and plans of the companies on whose behalf we disseminate information. As such, any specific statement on this website that are not statements of factual history should be viewed as forward-looking statements. These forward-looking statements can be generally identified through phrases such as “possibly”, “anticipates”, “estimates”, “potentially”, “intends”, and other words of similar connotation. Statements in this website that speak to a company’s business intentions, objectives, strategies, and or intentions should also be viewed as forward-looking statements. All forward-looking statements are subject to uncertainties that could result in different outcomes than those described in forward-looking statements.
Terms of Use
By accessing this website, you indicate your agreement to these Statements & Policies. You affirmatively represent that you have read and understood the entirety of the following Statements & Policies. We reserve the right, at our discretion, to change, modify, and add or delete portions of such Statements & Policies at any time.
Copyright
The entire contents of this site are protected by worldwide copyright laws and treaty provisions. The contents of this website are for non-commercial individual reference only and may not be used for other purposes or otherwise copied, displayed, downloaded, distributed, modified, reproduced, republished or retransmitted without the express written consent of Market Jar.
Information subject to change
Information on this website is updated regularly by Market Jar without notice. However, the information is not intended to be complete and cover all matters and developments concerning the company and its activities and the company cannot guarantee either the currency or completeness of the information at all times and assumes no responsibility in this regard.
Price quotes
All stock quotes are delayed at least 15 minutes unless otherwise noted. All stock quotes or cryptocurrency price quotes (collectively “Quotes”) and historical price data are provided by a third party service provider and are provided for information purposes only and not for trading purposes. Market Jar makes no representation or warranty regarding the accuracy or completeness of any Quotes or historical price data and has not verified the adequacy, accuracy or completeness of the information provided on this website. We sTron (available on Binance)gly recommend that you seek independent professional advice before investing in any companies, stock or cryptocurrency mentioned in the articles on the website.
Notice to investors
The information on this website is not intended as a solicitation for funds or an offering of securities and should not be construed or interpreted as such. The information on this website is not intended to modify, qualify, supplement or amend information disclosed under applicable securities legislation of the U.S. or CanADA. No securities commission or other regulatory authority in either the U.S. or CanADA has in any way passed upon the information on this website and Market Jar makes no representation or warranty to that effect.
Social Media Terms of Use/ Disclaimer
Market Jar supports the use of social media, however any third party content posted through social media channels maintained by us should not be taken as an endorsement of such information. Links to websites and other resources operated by third parties (“Third Party Information”) other than Market Jar are provided solely as a convenience to the user. We do not control such Third Party Information and are not responsible and disclaim any liability for the content, products, services or information offered by any third parties. The inclusion of links to such Third Party Information on the page does not imply endorsement of any content, products or services offered, advertised, endorsed or promoted by any third party, or of any company or person. If you decide to access any Third Party Information or acquire any third party products or services, you do so entirely at your own risk, and you may be subject to the terms and conditions and the privacy policies imposed by such third parties. Third party sources generally state that the information contained therein has been obtained from sources believed to be reliable, but there can be no assurance as to the accuracy or completeness of included information. Although believed to be reliable, management of Market Jar has not independently verified any of the data from third party sources.
Ownership and Interests
Cryptocurrencynews.com is owned by Market Jar. Market Jar, and its directors and officers do not own any of the cryptocurrencies or tokens mentioned in this article.
Amounts Paid To Market Jar Media Inc.
Market Jar Media Inc. has or expects to receive the following amounts indirectly from the issuer’s set forth below.
Sponsored Posts = $197 USD
Press Release = $197 USD
Amounts noted above were received or expected to be received directly from Market Jar Media Inc., which was directly engaged by the issuers set forth above.
Disclaimer
Neither Market Jar nor its owners, members, officers, directors, partners, consultants, nor anyone involved in the publication of this website, is a registered investment advisor or broker-dealer or associated person with a registered investment advisor or broker-dealer and none of the foregoing make any recommendation that the purchase or sale of securities of any company or any cryptocurrency on the CryptoCurrencyNews.com website is suitable or advisable for any person or that an investment or transaction in such securities will be profitable. Therefore, information on this website is not intended to be, and shall not substitute, an offer to sell nor the solicitation of any offer to buy any security.
The opinions and analysis included in this website related to the profiled companies represent the personal and subjective views of the author of the articles, and are subject to change at any time without notice. The information provided in the articles on the website and the content has been obtained from sources which the authors believe to be reliable. However, the authors have not independently verified or otherwise investiGated all such information. None of the authors, Market Jar, Market Jar Media Inc., or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The opinion, analysis, articles and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are sTron (available on Binance)gly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission, the Canadian security regulatory authorities, or any other regulatory authority before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.
Information obtained from public filings and other sources are deemed reliable; however, Market Jar take no responsibility for verifying the accuracy of such information and makes no representation that such information is complete and correct. Market Jar makes no representation or guarantee that any forward-looking statements will prove to be accurate. Persons using the CryptoCurrencyNews.com website are encouraged to consult with independent financial advisors with respect to an investment in any company profiled in the website. Investors should therefore verify independently information provided in the CryptoCurrencyNews.com website by completing their due diligence on any company in which their clients are contemplating an investment. Such information to be reviewed could include the company’s annual reports, regulatory filings, and press releases on the sec.gov or www.sedar.com website or directly from the issuer.
Risk Warnings
The content published on this website is intended for and only to be used for reference purposes and is neither an offer nor a solicitation to purchase or sell any security or instrument or to participate in any particular trading strategy. No such information provided through the CryptoCurrencyNews.com website constitutes advice or a recommendation that any investment or trading strategy is suitable for any specific person. Users of this website agree that they are not using any content of this website in connection with an investment decision.
THERE CAN BE NO ASSURANCE THAT CONTENTS PUBLISHED ON CRYPTOCURRENCYNEWS.COM IS ACCURATE OR WITHOUT ERROR. ANY PERSON WHO MAKES USE OF SUCH CONTENT AFFIRMATIVELY ASSUMES ALL RISKS FROM USING THE CONTENT. CryptoCurrencyNews.com does not guarantee it reviews, and is not responsible for confirming the accuracy of information submitted for inclusion on this site. INVESTORS ARE STron (available on Binance)GLY ADVISED TO CONFIRM THE ACCURACY OF ANY INFORMATION OBTAINED FROM THIS SITE PRIOR TO MAKING ANY INVESTMENT DECISION.
OTC Risk Warnings
Because many securities traded Over-The-Counter (OTC) are relatively illiquid, or “thinly traded,” which tends to increase volatility in market prices, an investment in an OTC security involves a high degree of risk. These speculative and illiquid securities are often difficult for investors to buy or sell without significantly affecting the quoted price. It should be noted that the liquidation of a position in an OTC security may not even be possible within a reasonable period of time.
Dependable information regarding issuers of OTC securities, their prospects, or the risks associated with the business of any particular issuer or an investment in the issuer’s securities may not be available. For this reason, it may be difficult to properly value an investment in an OTC security or accurately determine the risks involved with investing in such a security. For more information about investing in microcap securities, please read the content on the SEC’s website, including the SEC’s investor publication titled “Microcap Stock: A Guide for Investors” available at https://www.sec.gov/investor/pubs/microcapstock.htm.
Issuers of OTC securities quoted on the OTC Link system are not required to provide any kind of information to investors. While many issuers register OTC securities with the Securities and Exchange Commission (SEC) and regularly provide reports to investors in connection with such registration, they are not required to continue such registration or regularly provide such reports because their securities are quoted on OTC Link. Securities may continue to be quoted on the OTC Link system if issuers are delinquent in their reporting obligation to the SEC or other federal or state regulatory agencies. Quotation of a security on the OTC Link system does not in itself create any ongoing filing or reporting obligations with the SEC for any issuer. In fact, issuers may not even be aware that their securities are quoted on the OTC Link system.
The information on this website has been prepared for information purposes only and does not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, ICO or related product, nor does it constitute an offer to provide investment advice or other related services by Market Jar Media Inc., or any of its principals, agents, owners, members or anyone else affiliated with the company, either expressly or indirectly. In preparing the information contained on this website, no individual financial or investment needs of the recipient have been taken into account nor is any financial or investment advice being offered. Any views expressed in on this website were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change and Market Jar is under no obligation to provide notice of such information or update such views.