Trecento Blockchain Capital's - TOT Token$$$$$

farahajjj (25)in #blockchain • 6 years ago

Interest in blockchain for capital markets has exploded in recent years, with investment in this emerging technology more than doubling between 2014 and 2015 alone. Following Accenture’s recent investment and alliance with Digital Asset Holdings, David Treat discusses how and why blockchain-enabled distributed ledgers are poised to transform investment banking in the coming years.

Why is this the time right for blockchain technology in capital markets?

In the last 20 years, we’ve witnessed significant technological advancements in capital markets, much of it concentrated in front-office functions. Middle- and back-office functions, on the other hand, often remained slow and inefficient. An asset can be traded today electronically in the blink of an eye and then take days to settle. Both investment banks and their clients are demanding more—and the market is responding.

Investment in blockchain technology increased from $30 million in 2014 to $75 million in 2015, and is expected to grow in 2016 and beyond. Initiatives like the Linux Hyperledger Project are attempting to develop open-source distributed ledger frameworks so that developers can focus on building industry applications. Meanwhile, consortiums like the Linux Foundation are bringing together technology and capital markets firms to establish standards for blockchain technology in capital markets. There’s no doubt about it: Change is afoot. The likely outcome is that blockchain technology will primarily work within the existing infrastructure or ecosystem to help to restructure and simplify many existing processes and strip out significant inefficiencies associated with reconciliation. Banks will be looking for ways to become more efficient and improve client services, and regulators will be interested in increasing transparency and optimizing execution and settlement.

To meet the growing demand, Geneva based Trecento Blockchain Capital is developing a platform which will provide all-in-one Blockchain-centric investment solution. The objective is to capture the best investment opportunities driven by the Blockchain revolution, by offering a simple and trustworthy investment partner to our investors. Trecento Blockchain Capital is an asset management company which plans to launch 4 Blockchain dedicated funds in 2019: A Crypto Trading fund, a Venture Capital fund, an ICO fund and a Fund of funds. These ones will cover the full investment cycle of Blockchain companies. The proceeds of the ICO will be used to finance the development of our infrastructure and activity, the long-term growth of Trecento Blockchain Capital and the acceleration of fundraising (funds).

Trecento Blockchain Capital on CNNMoney

Launch and manage 4 diversified investment funds:

ICO Fund: Investment in innovative companies raising funds during the “private sale” (upstream)

Crypto-trading Fund: Trading of cryptocurrencies and digital assets

Venture Capital Fund: Equity investment in startups developing disruptive Blockchain solutions

Fund of Funds: Investment in specialized funds active in cryptocurrencies and Blockchain companies

A COMMUNITY-DRIVEN PROJECT: DAO Platform & Voting System

Trecento Blockchain Capital will build an efficient and straightforward investment platform for its Community members.

This platform will have a couples of specifications:

Community members will have the opportunity to submit an investment proposal

Community members will be voting (for free) for the submitted projects

Community members will be rewarded for their participation

The TOT Token:

Trecento Blockchain Capital Token (TOT) is a multi-utility ERC-20 token that will be listed on major exchange platforms. TOT can be used as a means of payment and access to features:

ICO participants will be granted free fund management and performance fees. This can go up to 2 years, depending on the total amount raised during our ICO (1 year if the €10mn mid-cap is reached and 2 years if the €20mn hard cap is reached)
TOT holders will have important discounts on management and performance fees if they pay in TOT, as follows: 50% the 1st year; 30% the 2nd year and 10% thereafter
Access to newsletters, research and analysis papers (information and news on Blockchain Industry, Market and trends analysis…)

Access to the TOT Reward System (DAO and Voting system) — Please see the Whitepaper for more details.

Token allocation and distribution:

TOT allocated to the team are subject to a 2-years vesting period. Starting from the end of the ICO, the team will be able to vest 25% of their allocated tokens every 6 months until the vesting calendar is fully completed. Therefore, if one of the current team members leaves, no more tokens would be distributed to him. The remaining number of tokens will be allocated to the newly appointed team member. This type of lock-up period for insiders is intended to align the team’s interests with investors’ ones and then avoid prevailing short term considerations instead of building a sustainable company. TOT allocated to the Team, Bounty Program and Company Reserve will only be issued at the end of the ICO (no pre-forged tokens). Globally, TOT will be distributed automatically by a dedicated smart contract at the end of the ICO.

The Soft cap is fixed at €5mn and the hard cap at €20mn. The quality of our project and outcomes will depend on the ICO fundraising. Trecento Blockchain Capital estimated that the hard cap of €20mn was a good and fair amount to set up our activity and deliver returns in the best way possible. At €5mn, we also considered that the project could emerge, but of course, with less capabilities to expand our team and infrastructure and with a lesser rapidity of deployment and development. Below €5mn raised, Trecento Blockchain Capital will refund all investors.

ICO Periods and related bonuses: