Blockchain Capital is a venture capital group that has forayed into the digital currency space. Due its impeccable reputation in the financial services industry, the ICO was a runaway hit, and was oversubscribed. While the group has allowed payments in bitcoins since 2013, the ICO for its own currency BCAP holds a lot of promise. The promoters have lot of experience in the finance domain as well as digital currency.
The BCAP currency can be bought with US dollars or with other cryptocurrency. The financial acumen of the promoters has led to lesser regulatory risk to users. The goal is to ensure that the transactions do not break laws. This reduces the regulatory stress on users, and gives cryptocurrency more acceptance within mainstream financial sector.
The user will register for the use of the coins through a wallet. The fee per transaction is low. Also, there are no caps on transactions. The ICO included 20 million coins, and they were oversubscribed. The funds thus raised, and through future investments, will be used for investing in profitable portfolios. Thus, users will be rewarded once the returns on the investments come through.
Those who are familiar with traditional investment techniques may find this an added activity to add to their portfolio. The funds that the firm raises through the BCAP distribution will be used for investments. Since the firm has solid background in investing, this is expected to garner good rewards for the users of the currency.
It is also important to remember to be patient about receiving the returns on investment. Since the funds will be invested in long term portfolios, it could take a few months or years for the investment to mature. That is why it is very important for users to invest in the BCAP when they are sure they are in it for the long term. The BCAP venture is more attuned to serious investors, and therefore, requires that the user be aware of the potential for risks and rewards. While the financial expertise of the promoters minimizes the risk, patient wait for the outcome is recommended.
The currency offers users to become partners in venture capital investments. For investors who have looked to add this activity to their portfolio, the BCAP may offer the golden opportunity. For investors looking for safe opportunities in the crypto domain, this could be a good option.
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