Hackers/ Founders is a company, which has been making an investment in startups through its large international network. Hackers and Founders developed HACK in the system of Blockchain to increase the liquidity as well as accessibility for investors.
Conventional startups can only realize profit when a company is acquired or turned public. Events of liquidity like initial public offerings and acquisitions are rarely seen because of which investors are hardly able to earn any profit. Investors have to wait for a period of 10 years to determine whether they have taken a worthy investment decision or not.
Hackers/Founders is a Blockchain-based company, which performs the function of managing the portfolio of tech companies dealing in post products and offers services to them in exchange for equity. HACK makes use of the technology of Blockchain to provide availability of startup investments globally. People who are interested in providing support to tech startups can do that without earning high revenue.
The cost of one HACK token is equivalent to 1 US dollar. Moreover, investors can earn profits from startups, which are located in the places that are very hard to reach because of market regulation and other factors. Now, through the use of the Blockchain technology, capital that was not used earlier can be utilized to increase the profit for investors.
Additionally, HACK provides risk diversification. Till now, it was impossible to get access to a diversified portfolio of a startup without having adequate financial resources. Hackers/Founders, the company, which designed HACK, started a proprietary program that led to the growth rate of 30 percent during the period of 5 years.
HACK is a new token offered by the HACK fund that is based on Ethereum. These tokens can be purchased and sold as a liquid transaction on digital exchange platforms. HACK is developed on the ERC223 protocol, which resolves the problems that were persisting in the ERC20 model. HACK is a crypto-token that is not only used for the trading purpose but can also be used for representation, participation, and as a proof of the Hackers and Founders membership.
HACK makes use of 100 percent of its returns that it receives from exits by reinvesting them in the existing or new organizations. Reinvestment of fund leads to the continuous creation of value over time. HACK is going to engage an autonomous service, like eShares, for informing the public about the total valuation of portfolio companies.
For instance, if you are holding a portfolio of more than 200 companies, which are earning average revenue profits of 30 percent every year, then the price of HACK tokens should also increase by 30 percent year after year.
HACK is going to invest in at least 30 new or already existing portfolio companies from every 10 million dollars it raises through its token sale. The service for equity model of H/F can also be utilized to gain more equity in individual firms. If you are willing to get more information about Hackers/Founders, its HACK tokens, investments, returns, and liquidity funds, then read its whitepaper.