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https://www.dcentralcapital.io/#homehttps://imgur.com/df3S1kXVisionCreate an ethical and inclusive co-operative Venture Partnership growing emerging ideas and technologies through a global digital community.
Exec SummaryD-Central Capital operates a new and innovative approach to venture funding that puts the digital community at the heart of what it does. Our tokenized fund will decentralise and redistribute profits to smaller investors and those who have the skills and knowledge within the digital community.
We call it VENTURE PARTNERING.
Investment funds will be raised through the JST1 token sale and will then provide a return to our investors with unparalleled liquidity and timeframes:
1. Dividends - Paid on a regular basis as profit is made from investments
2. Fund Exit – Payments to investors from the sizable profits made on companies being sold or going public.
3. Token Value – Tokens are tradable and will increase in value as the fund performs and pays out to its investors.
4. Employment – Token holders can be used to provide contract resource and act as non-executives / advisors to companies.
The JST1 token value will be linked to investments from creation and, as such, will avoid the trend of tokens & coins being overtraded and decreasing in value on issue. Whilst the JST1 token will be tradable to ensure liquidity for our investors, retaining tokens will be a profitable strategy. We will increase the value of our coin by:
• Capping total tokens used to 120,000,000 and never creating more.
• Ensure token holders see returns outside of token sales on a regular basis (dividends)
• Publish investment fund performance on a regular basis to enable token holders to see the pipelined medium to long term payback.
Early Investors will receive Bonus JST1 token holdings to the tune of 30% over and above their initial sponsorship.
Token holders will also be involved in the investment decisions made (using SMART Contracts on the Ethereum BlockChain). We will use the Digital community to help find the ‘next big thing’ and bring it to life. Scalability and the power to disrupt is what counts, be it an existing company that needs help to grow or a seed of an idea requiring guidance.
D-Central Capital will combine the depth and diversity of its founding members experience with that of its Community to bring ideas to life and grow emerging companies to realise their full market potential. The founding members specialise in business transformation enabled through technology and have decades of experience taking smaller companies to market and helping them grow. The Founders are backed by advisors form the traditional Venture capital world to ensure that we return and profit for our investors and that risk is managed appropriately.
As investments are selected, JST1 token holders with the appropriate skills and experience will have the opportunity to become advisors and non-executive board members (Associate Founders). This provides the fund with a vast and diverse selection of skills and expertise to help ensure that the fund, the token, its constituent companies and investors continue to see growth.
There is a widespread belief amongst policymakers across the world that social entrepreneurs can tackle some of the pressing problems we face – if only they could get them operating at scale. Through a diversified portfolio underpinned by Decision Analysis and a dedicated Incubator and Accelerator Programme, based on its Portfolio Operator Strategy outlined within this Whitepaper, that is precisely what D-Central strive to do.
Our mission is to use technology to solve the world’s modern day challenges.Role of the token - The JST1 Token represents immutable, yet transferable, ownership of a proportion of the JST1 Fund. In owning the token the Community Member is granted rights to a proportion of the funds profits (as released) and voting rights pertaining to the Management of the JST1 Fund and its investments.
Purpose of the token - Through the SMART Contract* criteria embedded within the JST1 Token the holder is granted proportional voting rights and access to key features of the community. These range from investment selection and assessment to accessing advisory roles and fulfilling key required tasks in exchange for further JST1 Tokens.
Features - Through the SMART Contract* criteria embedded within the JST1 Token the holder is granted proportional voting rights and access to key features of the community
Token DistributionThe amounts below represent the total amount of JST1 Tokens made available for public purchase at each phase. Price equivalency will be $1.185 per token (or 0.00148125ETH). Total JST1 Tokens to be issued into circulation will be 120,000,000 (20m in Pre-sale and 100m in the main ICO).
• Pre-Sale: 13,000,000 JST1 ($15.4m)
• MinCap: 29,877,637 JST1 (total) (additional $20m)
• Soft Cap: 55,194,093 JST1 (total) (additional $50m)
• Hard Cap: 77,978,903 JST1 (total) (additional $77m)
Extra Bonus AllocationPre-Sale (16th April 2018 – 22nd June 2018 or until Cap reached)
Allowance +30% tokens* +25% tokens +22% tokens +21% tokens
Min Purchase 30,000 JST1 10,000 JST1 3,000 JST1 1+ JST1
Or Within Dates: 16/04/18 01/05/18 28/05/18 08/06/18
- 30/04/18 - 27/05/18 - 07/06/18 - 22/06/18
*If ALL Pre-Sale Purchases came in at the max 75K purchase level then the Bonus fund would need to be replenished using a small proportion of the Reserve Fund (total 347,000 tokens of 2,000,000)
ICO Sale (30th July 2018 – 12th November 2018)
Dates 30/07/18 15/09/18 20/010/18 27/10/18 03/11/18
- 14/09/18 - 19/10/18 - 26/10/18 - 02/11/18 - 12/11/18
Allowance (Max 100K total) +20% tokens +15% tokens +6% tokens +3% tokens No Bonus
Or Min Purchase 30,000 JST1 10,000 JST1 3,000 JST1 1+ JST1
Roadmap• Initial setup: 10th June 2017 – 16th April 2018
o Form company, team, banking arrangements & finance structure
o Initial investment to fund setup
o Start UK Financial Conduct Authority regulation process
o Membership of British Private Equity & Venture Capital Association
• Pre-sale: 16th April 2018 – 22nd June 2018
o MinCap 6,250 ETH ($5m US)
o Soft Cap12,500 ETH ($10m US).
o Hard Cap 19,250 ETH ($15.4m US)
• Pre ICO Preparation: 16th April 2018 – 30th July 2018
o UK Financial Conduct Authority regulation (Appointed Representative Status)
o Non-UK regulation compliance
o ICO marketing activity
o Setup community & enable voting rights through SMART contracts
o Identify initial investment opportunities
• ICO: 30th July 2018 – 12th November 2018
o MinCap 25,000ETH ($20m US)
o Soft Cap 62,500 ETH ($50m US.)
o Hard Cap 96,250ETH ($77m US).
• Final Setup: 01st December 2018 – 16th April 2019
o On board full team
o Complete Investment analysis platform
o Confirm initial investments
o Develop and publish investment roadmap
Fixed Token ValueUpon launch, a single JST1 token is valued at 0.00148125ETH (or $1.185ea). For equivalent prices in other cryptocurrencies, the following exchanges will be used; Kraken, Bitstamp, Bitfinex and Poloniex. 65% of JST1 Tokens will be made available through the release stages outlined in this Whitepaper, supported by the 8% bonus structure at each relevant stage.
15% of tokens allocated for bounty and reserved purposes will be gradually released to support the ongoing expenses of the fund, including advisors, through the ICO and to market and enlarge the community base to hard cap levels.
The final 12% of tokens will be distributed amongst the project team.
Any unsold tokens at the end of the ICO will be retained by the D-Central Team but placed ‘On Ice’ for a period with releases as follows:
- Year 3: 33%
- Tear 5: 33%
- Year 7: 34%
Pre-Sale/ Soft Cap/ Hard CapPre-Sale:• The MinCap for the Pre-Sale has been set at 6,250 ETH ($5m US)
• The Soft Cap for the Pre-Sale has been set at 12,500 ETH ($10m US).
• The Hard Cap for the Pre-Sale has been set at 19,250 ETH ($15.4m US)
Main ICO:• The MinCap for the ICO has been set at 25,000ETH ($20m US)
• The Soft Cap for the ICO has been set at 62,500 ETH ($50m US.)
• The Hard Cap for the ICO has been set at 96,250ETH ($77m US).
If the hard cap amount is reached the token sale will be closed.
Should the MinCap level fail to be reached then all funds will be returned to Community Members from the Escrow accounts. This applies to both Pre-Sale and Main ICO.
Return on InvestmentD-Central will distribute returns from Investments on the anniversary of JST1 token activation (annually until fund is drawn to a close).
• 50% Returned directly to token holders.
• 25% Carried into next fund providing JST1 Token holders early entry.
• 15% Carry for the Management Team.
• 10% Donated to charities.
Team ProfilesProfilesJimmy Cockerton – Chief Investment Officer[/b]
Jimmy has a wealth of experience working across different public and private sector organisations including Microsoft, o2 Telefoncia and Capita. Having managed partner programmes, incubator hubs and acquisitions Jimmy is passionate about enhancing small company’s value and helping them grow. Specialising in go to market approaches, sale strategies and growth plans with a passion for emerging technologies, Jimmy has enabled significant growth in numerous start-ups. Jimmy is also a board member of the BlockChain Embassy London.
https://www.linkedin.com/in/jimmycockerton/Michelle Clarke – Chief Ethical OfficerMichelle joins us as Chief Ethical Advisor. Michelle has a desire to create a better world and we are really pleased she is onboard to help ensure we not just deliver, but exceed our ethical vision. Having worked as an international advisor for a global charity Michelle has been a regular attendee at the United Nations but her passion lies in helping grass roots organisations to deliver more effectively on the ground. Michelle is also a qualified teacher and is passionate about teaching younger generations to make a positive difference in the world.
https://www.linkedin.com/in/michelle-clark-906bb530/Tom Knight – Chief Operating OfficerTom has nearly two decades of experience in operational delivery working in both the Private and Public Sectors across industries spanning Finance, Retail, Supply Chain, Government, Security and Telecoms. Tom has worked for blue chip companies like IBM to improve process and drive operational efficiencies across organisations. Tom specialises in designing and implementing new target operating models and Agile Delivery Frameworks to drive efficiencies, reduce costs and increase revenues.
https://www.linkedin.com/in/tom-knight-76b8b525/Simon Hughes – Chief Technology OfficerSimon is a talented Digital Architect and developer who has worked in the Finance, Manufacturing, Public and Telecoms industries to name but a few. Simon has worked for a number of blue chip organisations including Lloyds bank, Scottish Widows, EE, T-Mobile and Nokia. Simon is currently working on a number of Blockchain projects.
https://www.linkedin.com/in/simonhughes/Iain Calvert – Chief Marketing OfficerIain is a specialist in the Digital Marketing world. Working with large and small businesses globally Iain develops and implements digital marketing strategies to help businesses achieve their goals. A specialist in Content Marketing, SEO, Google Adwords, Social Media, Outbrain, Taboola & Google Analytics Iain’s focus is to help businesses grow.
https://www.linkedin.com/in/iaincalvert/Paul Adams – Start-up advisorPaul is an entrepreneur and business mentor with a very varied background in the public, private and third sectors. Currently he ply’s his trade at Virgin Start-ups. In addition to his own businesses Paul has been involved in a wide range of projects from large to small; from creating and running a programme to encourage commercial activity in the UK Environment Agency, to writing a business plan for an organic kosher chicken farmer in the UK. Paul believes in the importance of supporting good causes such as social enterprises and charities.
https://www.linkedin.com/in/paul-adams-00911023/Gemma Harris – Social Media ManagerGemma is a social media expert and has been managing the communication strategy for a large charity for the last 5 years. Specialising in social media campaigns and managing online communities Gemma will be advising us on both our core marketing strategy but also how to best serve our digital community. Gemma also shares our ethical and social views and also longs to change the world for the better.
https://www.linkedin.com/in/gemharris83/
