Blockchain Capital

Can this project keep operating and funding itself for years?

Blockchain Capital operates an evergreen digital liquid venture fund founded in 2013 with multi-cycle capital reserves. Portfolio diversification across infrastructure and DeFi supports long-term durability.12

Can outsiders see and check what the team and the protocol do?

Securitize acts as transfer agent and provides audited quarterly net asset value statements to whitelisted holders. Public financial disclosures remain sparser than registered exchange-traded funds.34

Does the protocol earn real fees or income from use?

Token holders receive passthrough economic rights to venture portfolio exits and programmable USDC dividend distributions. Fund economics deduct a 2.5% management fee and 25% carry.52

Is the technology being built and shipped, and does it matter?

Launched in 2017 as the first tokenized venture fund, BCAP migrated to ZKsync for compliant on-chain transfers. Smart contracts automate investor whitelisting and dividend payouts.56

Who uses, builds and holds it, and how durable is that base?

Accredited investor verification and transfer restrictions cap participation to roughly 900 whitelisted holders. Retail community activity and open governance participation remain structurally absent.32

Do supply, issuance and unlocks protect holders from dilution?

All 9.11 million BCAP tokens are fully circulating with zero inflation or unlock dilution. Traditional 2.5% annual management fees and 25% performance carry reduce net returns.25

1. 1blockchaincapital.com/portfolioCited for Sustainability
2. 2coingecko.com/en/coins/blockchain-capitalCited for Sustainability, Revenue, Community, Tokenomics
3. 3securitize.io/learn/case-studies/blockchain-capitalCited for Transparency, Community
4. 4blockchaincapital.com/aboutCited for Transparency
5. 5explorer.zksync.io/address/0x57fd71a86522dc06d6255537521886057c1772a3Cited for Revenue, Innovation, Tokenomics
6. 6blockchaincapital.com/insightsCited for Innovation

BCAP offers accredited investors indirect equity exposure to a seasoned crypto venture portfolio managed by an institutional firm operating since 2013. Unlike standard utility tokens, each share tracks the underlying net asset value of private venture holdings across multiple market cycles.

• Pioneering security token offering with a compliant Securitize transfer framework operating continuously since 2017
• Direct net asset value exposure to Blockchain Capital III early-stage infrastructure and DeFi venture investments
• ZKsync Era smart contract integration enables low-cost programmatic USDC dividend distributions to verified holders
• Fully circulating 9.11 million share supply eliminates token unlock overhangs and inflationary emission dilution

• Zero active secondary market trading volume across tracked exchanges prevents immediate position exit
• Mandatory accredited investor whitelisting restricts token transfers to verified private placement participants
• Traditional 2.5% annual management fees and 25% performance carry reduce net holder distributions
• Portfolio realization depends on cyclical private venture mergers, acquisitions, and initial public offerings

BCAP holds historical prominence as the earliest tokenized venture fund, yet trails modern real-world asset protocols in secondary liquidity. Newer tokenized treasury and private credit funds provide automated redemptions, whereas BCAP functions as an illiquid private equity placement.

Blockchain Capital (BCAP) offers compliant exposure to an established crypto venture portfolio backed by Securitize administration and ZKsync dividend rails. The fixed 9.11 million token supply carries zero inflation, though a 2.5% management fee and 25% carry apply.