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Pulsar Venture Capital
Pulsar Venture Capital is a venture fund that relies on investments in startups at an early stage of their development.
General information
Pulsar's strategy does not offer anything revolutionary — the market is looking for promising startups in different areas that need funding. Money is given to them in exchange for a share of future profits. As a result, both the investor and the authors of the startup are interested in the project taking off. Users can look for new cryptocurrencies and invest money on ICO, but it will take a lot of time to find and analyze them if there is no experience in this area. Pulsar VC is more convenient from this point of view. Users do not need to spend time on the selection and comparative analysis of projects.
Pulsar plans to invest in:
- new cryptocurrencies;
- projects related to new materials;
- IT;
- hardware.
The project can be considered Russian, the head office is located in Kazan, there are offices in Dublin, UAE, Silicon valley, Singapore. Pulsar is not new to the market, in 2016 it was recognized as the best accelerator in Russia. The founder is Pavel Korolyov, a former Advisory of IVF.
The Fund's specialists make up a portfolio of promising companies, which allows reducing risks if some of them do not show the expected result. Income on the portfolio is provided on average in the amount of 157%. In total, the Fund plans to reach the return on investment at 920%.
ICO details
To attract more capital, the Fund went to the ICO by issuing its own tokens on the basis of the Ethereum blockchain. Sale of coins took place in the period from 13.11.2017 to 13.12.2017, there are bonuses depending on the time of purchase of the token:
- +15% — when buying coins during the first week of ICO;
- +10% — second week;
- +5% — third week;
- +3% — last week.
At the start of sales, the token rate is equal to $1, contributions are accepted only in Ethereum or Bitcoin. The minimum amount for participation is 0.1 ETH (equivalent in PTS)..
The money received will be distributed as follows:
- $1.75 million will be used to buy 50% of investors shares in current projects;
- 80% of the remaining amount is directly invested in new projects;
- 15% — operating costs;
- 5% — expenses.
After receiving income from the current portfolio, the Fund undertakes to spend 50% on the token repurchase within a maximum of 60 days, and the remaining half of the profit is distributed among investors. For the bounty program, the authors allocated 40,000 tokens for bloggers, active participants of BitcoinTalk and social networks.
