The Pulsar Venture Capital Fund's ICO Has Been Launched to Finance High-Profit Venture Projects
SAN FRANCISCO, November 13, 2017 (Newswire.com) - On Nov. 13, 2017, Pulsar Venture Capital, an international early-stage venture fund and business accelerator, started a 30 million dollar ICO sale of Pulsar tokens (“Pulsars”) to raise funds for investing in reliable and high-yield projects in the tech industry.
The initial Pulsar token price is 1 US dollar and payment is accepted in Bitcoins (BTC) or Ethers (ETH). The minimum contribution is set at 1 ETH.
Both our team and I, are confident that investments in disruptive innovation should be accessible not only to professional investors but also to all those who believe that new technology can transform our world for the better. Pulsar ICO - it is this opportunity that combines modern cryptocurrency and blockchain technologies with classic venture capital. Join us!
Pavel Korolev, Managing Partner, Founder
A discount system is applied for the first buyers of Pulsar tokens: 15 percent off on the first day, 10 percent off on the second day, 5 percent off during the first week, and 3 percent off until the end of the second week of the ICO. The coin offering will end on Dec. 12, 2017. Pulsar Venture Capital is one of the first to conduct an ICO campaign in accordance with the U.S. Securities and Exchange Commission rules and regulations. This means the new token sale is open to U.S. investors. Furthermore, it will enable Pulsar to be openly traded on the exchange.
Part of the funds raised through the ICO will be invested in 29 highly efficient and profitable projects in the USA, Eastern Europe and Southeast Asia, which Pulsar VC has been working with for a few years now. All crowdsale participants will get shares in these portfolio companies.
Thanks to the professionalism of the Fund’s experts and consultants, as well as via cooperation with foreign partners such as Google Ventures and 500 Startups, the current Pulsar Venture Capital’s portfolio has increased by a factor of 4.5 over the past four years.
For example, the Fund’s investments in Ratelsys, a producer of aerospace and radar systems and developer of equipment for the wireless industrial IoT, have provided the return of 1167 percent. Investments in Pinscreen Inc, the developer of an application for creating personal 3D avatars on social media, have generated 1020 percent return for Pulsar VC, due to a higher company valuation by investors.
Based on the ICO outcome, the Fund plans to invest in over 30 projects in the most promising areas, including telecommunication, new materials, “Internet of Things”, and more.
“We aim for projects with an internal rate of return at around 1000 percent and above,” Pavel Korolev, Pulsar Venture Capital CEO, explains. “Over years of experience, we have developed a reliable network of partnerships with strategic corporations and leading high-tech enterprises, which allows for the possibility of earlier exit than other VC funds, locking in a high return on investments. In this way, we make successful exits, generating 12-25-fold returns on investments. The ICO will allow us to combine our old portfolio of investments with new venture programs in order to complement each other’s strengths and generate extra revenue for investors.”
Today, investments in startups pay multi-billion dividends to venture funds worldwide. Analysts are certain that decentralization and transition to blockchain technology will increase these revenues at least twofold. For example, Michael Jackson, the former COO of Skype and a current partner at Mangrove Capital Partners, a venture company, having analyzed 204 ICOs, concluded that a “blind” investment in a blockchain startup generates an average return of 1,320 percent for the investor. However, due to legal and technical challenges, such investments today continue to be the privilege of only a few large investors.
“Both our team and I, are confident that investments in disruptive innovation should be accessible not only to professional investors but also to all those who believe that new technology can transform our world for the better,” Pavel Korolev says. “Pulsar ICO – it is this opportunity that combines modern cryptocurrency and blockchain technologies with classic venture capital. Join us!”
Pulsar Venture Capital is an early-stage venture fund, competency center, and business accelerator, creating an environment favorable for innovative projects and developing knowledge-intensive and technology companies. The Pulsar Venture Capital’s headquarters is located in Kazan, the Fund’s representative offices operate in the USA, Ireland, UAE.
For more information, please contact Ivan Drobyshev, Head of PR and Marketing Pulsar VC (pr@pulsar.vc).
Source: Pulsar Venture Capital