Recently the Incubator Foundation (IFC) was established in Singapore.
In phase one, the Prime City NFT issued by the foundation has been listed on Open Sea Exchange.
The IFC Foundation combines traditional fund management, digital cryptocurrency, smart contracts, DAO autonomy, DeFi2.0, NFT and other concepts to form a decentralized equity fund that is co-owned, benefit-shared and governed by investors themselves. According to insider's words, the IFC Foundation has been supported by many bigwigs in The circle.
What are the advantages of decentralized private placement compared to traditional private placement?
Low management costs
Traditional private placement and wealth management usually require an annual management fee of at least 1-3%. But decentralized private placement has almost no management fees.
Simple process, no entry barriers
No qualification review is required for investors, and anyone can participate, even anonymously. There is also no tedious paperwork.
Asset Security
Based on the distributed autonomy of DAO, assets are in the hands of all investors. Information is transparent, and funds are more secure and reliable.
Fluidity
Traditional private funds have poor liquidity for there is generally a lock-up period. If it is an equity-type private fund, the lock-up period is as long as 5 to 10 years. The decentralized private placement is run on blockchain where the warrants are tokenized. It can be circulated in the market at any time.
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Looking to the future
Since the birth of Bitcoin in 2009, blockchain has attracted widespread attention in the society. Blockchain is a technology that combines distributed ledger technology (DLT) and various block-based encryption technologies. Despite the high volatility and speculative nature of certain virtual assets and other blockchain-related financings, including the peak of attention in 2018, there is no doubt about the value of blockchain and other forms of decentralized ledger technology in finance today A broad consensus has been reached. Facebook’s announcement of the Libra cryptocurrency may have attracted the most attention, but as blockchain plays an increasingly important role in areas such as financial financing, the most valuable blockchain financing methods will likely emerge in the future. Looking to the future, the real value of the underlying technology of cryptocurrencies lies in the role it plays in terms of security, transparency and longevity, which are critical to the efficiency, trust and confidence, and safety and soundness of financial markets. The blockchain environment enhances regulatory objectives of disclosure, fairness and market integrity, and supports innovation and efficiency through automation and smart contracts.
The founding team of IFC has extensive experiences in traditional private equity funds and blockchain financial industries in the United States, Canada and Singapore. They have managed tens of billions of assets and achieved good results. IFC is the result of the rapid development of Web 3.0 and the innovation of decentralized finance in cryptocurrencies.
We look forward to IFC bringing new vitality to the private equity industry.