Funds
Science Blockchain – Investing Down to a Science
Who is Science Blockchain?
Based out of Santa Monica, California, Science Inc is a 7 year old company. In this time they have gone on to established various incubator funds such as Science Blockchain. This incubator fund underwent a successful STO in late 2017, raising over $12 million. Science describes the Blockchain incubator as a vehicle that, “works with early stage Blockchain companies at the formation stage. We incubate, support, invest and trade in early token offerings, as well as assist companies in launching their token offering.”
To date, the other funds that Science has developed have resulted in tremendous success. This includes a fund that invested in DollarShaveClub which was acquired by Unilever for $1 billion. Now they are looking to mimic past successes in the world of blockchain.
With a firm belief that blockchain holds the ability provide a foundation to new generation of technology, Science Blockchain is geared towards facilitating this future.
What is the problem?
As stated by Science Blockchain, they are interested primarily in ‘formation stage start-ups’. Traditionally due to lack of liquidity, investments in such early stage companies can result in money being ‘locked up’ for many years. This has in the past led to difficulties for these young companies in acquiring working capital.
How will they solve it?
Through the use of blockchain, Science decided to create a security token for this fund. Dubbed the SCI token, it is structured as an ERC-20 compliant asset. For its holders, each SCI token represents a direct-fractionalized share within Science Blockchain. This acknowledgement and representation as a direct share within the fund means that this is not a utility token. Science understands this, and explicitly distributed their SCI tokens as a security.
By utilizing the very technology that they are investing in, Science Blockchain solves the problem of liquidity. No longer are funds locked up for many years. A tokenized security’s ownership can be transferred easily, with minimal fees. This, in turn, opens up many new possibilities for who the fund can provide capital to, and those looking for it.
Due to the amount of work involved in incubating start-ups, the fund itself is expected to have a nominal number of active investments at any one time. The team believes this number will typically sit around 10.
CEO of Science, Mike Jones, took part in an interesting Q&A regarding Science Blockchain. To listen, click HERE.
The Team
With a portfolio that has seen involvement in over 85 various companies, the team at Science is as experienced as they come. Below are a few key players that have contributed to their success.
Gregory Gilman – Cofounder & General Counsel
What is Next?
In the coming months it is expected that trading will begin for United States Regulation D investors. Scheduled to take place in November of 2018, this is the next big marker on the Science roadmap.
Beyond this, we should expect big news from Science as they cultivate a new crop of successful and game changing businesses. All the while proving to be quite lucrative for those investors savvy enough to see their potential.
To learn details about the project, please view our Science Token Listing page.
