https://nxtforum.org/nxt-projects/skurl-private-investment-fund-(crypto-asset-director-wanted)
Trust always plays a very large role whenever it comes to investing. You mention that you want to build trust but also that you wish to remain anonymous to a certain degree. I'm not sure how you will be able to build trust while also being anonymous. In order for people to invest in your fund they will have to know who you are and will also need to know everything about your company.
The fact that you do not want to be 'publicly known' initially due to tax concerns is a bit worrying. If you are going to start off by dodging the tax man then I'm not so sure its the kind of fund I will invest in.
In regards to regulatory issues. I agree, just because a business is regulated does not mean that it will be a success. There are however far more to these regulations than you mention. For starters, the regulatory requirements usually ensure that people who operate a fund is properly qualified to do so in the first place. It also ensures that a entities running such funds are properly capitalised and that all financial checks and balances are in place.
There is no way for a potential investors to know whether you are properly qualified and or whether you fund/entity meets all the requirements of a sound financial business. The only way for you to show them that you are is by submitting to regulatory oversight. Without that your investors will just have to believe what you tell them and this brings us all the way back to building trust.
Personally, I will not invest unless the fund and its fund managers are properly registered as per regulatory requirements. Without that in place there is no guarantee that you are actually running a bonafide fund, for all I know it could just be another ponzi scheme. So if you want to build trust give the investors a reason to trust you, register the funds as it should be done.
Dear RustyNomad,The fact that you do not want to be 'publicly known' initially due to tax concerns is a bit worrying. If you are going to start off by dodging the tax man then I'm not so sure its the kind of fund I will invest in.
In regards to regulatory issues. I agree, just because a business is regulated does not mean that it will be a success. There are however far more to these regulations than you mention. For starters, the regulatory requirements usually ensure that people who operate a fund is properly qualified to do so in the first place. It also ensures that a entities running such funds are properly capitalised and that all financial checks and balances are in place.
There is no way for a potential investors to know whether you are properly qualified and or whether you fund/entity meets all the requirements of a sound financial business. The only way for you to show them that you are is by submitting to regulatory oversight. Without that your investors will just have to believe what you tell them and this brings us all the way back to building trust.
Personally, I will not invest unless the fund and its fund managers are properly registered as per regulatory requirements. Without that in place there is no guarantee that you are actually running a bonafide fund, for all I know it could just be another ponzi scheme. So if you want to build trust give the investors a reason to trust you, register the funds as it should be done.
Thank you for your wisely put comments and for bringing into light one of the key issues with SPIF. Frankly, that is the exact response I would give, and this is why we are working on different ways to accumulate a trustworthy investor relations. Here is what we think might be helpful to that end:
Quote
Fund Auditing
Coinomat, whose reputation in the forum and in the cryptoworld due to the novel and seamless services provided by coinomat.com cannot be denied, has accepted to audit our trading account for the concerned investors. Accordingly, our trading account will be inspected to make sure we really make profits and SPIF is not a Ponzi scheme.
Coinomat, whose reputation in the forum and in the cryptoworld due to the novel and seamless services provided by coinomat.com cannot be denied, has accepted to audit our trading account for the concerned investors. Accordingly, our trading account will be inspected to make sure we really make profits and SPIF is not a Ponzi scheme.