Blockchain Capital is a venture capital firm investing in Blockchain enabled technology companies. Their initial fund was the VC Fund dedicated to the Bitcoin/Blockchain ecosystem, launched in the Fall of 2013. Based in San Francisco, Blockchain Capital invests in entrepreneurs who are fostering innovation in the Blockchain economy.
Project DescriptionThe firm has invested in 42 companies in the last three years, investing alongside Silicon Valley’s leading venture capital firms. They are a sector specific, but multi-stage venture capital investor that seeks to gain diverse exposure to the Blockchain economy while offering unique co-investment opportunities and proprietary deal flow to investors. Blockchain Capital was co-founded by Bart Stephens, Brock Pierce, and Brand Stephens who also act as the fund’s managing partners.The BCAP tokens grant holders a portion of the profits earned by the fund. The fund’s managing partners will collect a 2.5% management fee and a 25% performance fee. The remainder of profits will be distributed to token holders. The BCAP token will be fully transferable, providing liquidity that is not usually found in traditional venture capital markets. The team anticipates making 10 – 20 investments at an average of $500,000 per deal.The tokens themselves will represent a maximum of 20% of the third fund they are raising: they will raise $40 million through traditional channels for a venture capital firm. These investments won’t be tokenized, but they will have the same payout structure.
Founders and Associates
Brock Pierce -Founder
Bart Stephens -Co-Founder and Managing Partner
W Bradford Stephens -Co-Founder and Managing Partner
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