Bitkapital ICO is Live | 2nd Phase Crowdsale between 16-30 June

[JollyTrades]

19% of the capital stock of Bitkapital Exchange has been distributed to the investors in the fist phase of the ICO.

The second phase of the ICO has been finalized.

Tune in the Wavestalk Forum for developments.

Website | Whitepaper | Project Discussion Thread | Twitter

ICO Details

Round: Seed
2nd phase start time: June 16th, 2016, 00:00 (UTC)
2nd phase deadline: July 1st, 2016, 00:00 (UTC)

Platform: Colu
Asset name: Bitkapital Exchange Equity
Asset ID: La7qXm8gpF3HyXiKB21pyZX1RzsgujHdSMUTUb

Number of tokens offered: 210
Offering price: 150 USD

Each token warrants 0.1% share from the capital stock of Bitkapital Exchange Free-Port Ltd., in accordance with the fundraising agreement. Note that this fundraising is only for Bitkapital Exchange, and not for the fund company.

Accepted payment methods: Bitcoin, bank wire in USD, EUR or TRY (fees payable by you)

Contact: info@bitkapital.com +905531853073


Miscellaneous

Tokens are not divisible. Upon registering for funding, you will be sent an e-mail containing the payment instructions, upon the completion of which the fundraising agreement signed by our managing director will be sent to the same e-mail address together with his ID scan.

The Fundraising Agreement

       

In the third page will be the scan of our managing director's national ID.

[1715600106]

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[Mr.Ease]

Interesting project, especially being on the waves platform, good luck.

[davide72]

Hope to see more  info in the near future!

[Woody20285]

Sounds interesting but, I read your info and I am not sure I get it.
Let me know where I am wrong or misinterpreted.

I give you 1 BTC & get shares. I do this because your professional traders
hope to get 7.5% return per Quarter (or better).

Only 40% of shares will be sold, so shareholders will get 40% of  profits.
Each 1 BTC invested will generate 1.54 BTC at the 7.5%/Q example.
The shareholder portion would be 40% of 1.54 BTC = .61 BTC over 18 mo.
or a return of 41% annually.  It may take 2 years because it will take a while
sell enough shares ($500,000).

You expect 150% return on investment in 2 years for the seed round investors.
You would have to greatly exceed 7 1/2% per Q to meet the goal of 150%
return for the investor. At your 7 1/2% projection, I would only need to make a
1% per month return to do better than your group. Of course, you may lose (our) money.
Many professional traders chalk up (occasional?) loses.

[rajeshgarnaik]

More info please

[JollyTrades]

Dear all,

Thank you for your attention. If you would like to get more information about the project, we have a 23-page long whitepaper reachable here: https://bitkapital.com/funding.html

On the other hand, if you would like to learn about how the funding will be carried out, we will post updates very soon.


@Woody20285,

We regret causing such a tangle. Let me clarify a few points regarding your confusion. Bitkapital will have two different aspects; one is the investment fund, and the other one is the Turkish lira gateway for the Waves platform.

We are not collecting funds for the investment fund yet, for which we expect 7.5% quarterly return on investment on the investor's part. 40% of the Bitkapital Exchange (the Turkish lira gateway) is offered in order to set up the entire business and get licensed, which the ICO will be for.


Best,

Jian

[enhu]

Do you have plans to giveaway bounties like twitter/signature campaign as well?
I'm by the way available to translate into Filipino for your Filipino investors and to spread the word about your ICO, this will help you reach the audience who don't come out of the local section of our forum.

[JollyTrades]

@enhu,

We do have plans on such campaigns. Have no doubt that you will be informed should we decide on the Filipino translation. Thank you for your interest.

Best,

Jian

[GreenMatrix]

If you have bounties on translation I can do the spanish translation.Good luck with your project!!

[Woody20285]

Dear all,

Thank you for your attention. If you would like to get more information about the project, we have a 23-page long whitepaper reachable here: https://bitkapital.com/funding.html

On the other hand, if you would like to learn about how the funding will be carried out, we will post updates very soon.

@Woody20285,

We regret causing such a tangle. Let me clarify a few points regarding your confusion. Bitkapital will have two different aspects; one is the investment fund, and the other one is the Turkish lira gateway for the Waves platform.

We are not collecting funds for the investment fund yet, for which we expect 7.5% quarterly return on investment on the investor's part. 10% of the Bitkapital Exchange (the Turkish lira gateway) is offered in order to set up the entire business and get licensed, which the ICO will be for.

Best,
Jian

Thank you for the link to the white paper.
I will read it as I am interested in the project but,
did not understand how the an investor would benefit
from the original link. Thank you for the additional information.

[Woody20285]

OK - Read the 23 page paper (actually 24 pages) which does not say much more than
       is here. I do like that your 2nd investment fund (page 14) is named "SCAM".
       Pretty funny and an odd choice.

Thanks for the link - I'm out

[BitFomo]

OK - Read the 23 page paper (actually 24 pages) which does not say much more than
       is here. I do like that your 2nd investment fund (page 14) is named "SCAM".
       Pretty funny and an odd choice.

Thanks for the link - I'm out

Of course it's a SCAM!

[andrepierre]

So many ico's now not even sure what is legit anymore 

[Sam123]

Not interested. Good Luck

[geyu]

Really nice project,good luck.

[Mr.Ease]

Hey, So what exactly would you be investing in?   Ico's, current coins, or the real world stock market?

I see you have 3months of "past" experience, which included ~4.5k or 10btc. I understand you made a profit,  but in all honesty, 10btc is a small amount, and what is there to guarunteee those figures are correct? for instance, maybe you started with 20btc a year ago, lost most of it but in the past few month have recouped some losses? I wish you provided more than just 3months worth of data, and that it was trading with a supstantial amount to be relevent.

In case you didnt know. The last 6months has had an influx of nearly 4billion $$ into the crypto sphere. Which says that most decent crypto traders experienced a nice profit in that time. I cant really say your near 100% gain during this time is anything impressive, its just more of a lucky dice toss. In fact, if your profit came from investing in eth, 100% is actually quite pathetic.

Im kinda just rambling, but i was dissapointed to see only 10btc being traded. With an investment like this, i would have expected atleast 50k $, more so in the 100k-200k range, just to show that you can handle large amounts of btc succefully and pull out a profit. I personally cant accept your confidence with such a small amount invested.

Dont get me wrong, I think its a good idea, but if you have more trading experience please show it.

[JollyTrades]

@Mr.Ease,

Thank you for your keen interest in Bitkapital. In the trading track record section of our webpage (https://bitkapital.com/track.html), you will see all the trades made from the account by looking at the broker statements. Mainly, the traded instruments are NASDAQ large-cap stocks and major currency pairs. Our state of the art portfolio management strategy draws on many paradigms including value investing and quality investing, as well as naked technical analysis tools, and combines them with the risk management tactics with the help of a modified version of the post-modern portfolio theory, all combined together in a solid portfolio management strategy by my years of study. The strategy finds a risk/reward equilibrium point between a well-justified long/short equity strategy and a somewhat traditional relative-value arbitrage method. According to my calculations, the strategy should work for a capital of up to $100M. However, I want to stress this major point again: 123.6% quarterly ROI is way above our expectations. We aim at reaching a quarterly 10% gross profit. The fact that the last three months have proven to be so profitable should be considered as an extraordinary luck by all means.

As for the timespan, I have multiple accounts for different strategies, and I only have 3 months of record for this strategy sterilized from the others. We hope to have at least 6 months of work before we are operative.

Best,

Jian

[JollyTrades]

Dear all,

The provisional version of the fundraising agreement has been added to the OP. You have 15 days to review it. Feedbacks appreciated.

Best,

Jian

[sxafir]

Interst some to Ico of course if it is not scam.

[Woody20285]

OK - So your 3 page document only displays pages 1 of 3 and 2 of 3.
       Is there a page 3? For the kind of money you want people to trust
       you with, you should at least proof read the legal documents.