Ahead of FF1’s listing on Liquid.com on February 25th, Two Prime is pleased to announce that global blockchain fund SPiCE VC will be joining NGC Ventures as part of the Two Prime Finance Partner Program.
“We are introducing a new breed of cryptocurrency with safeguard mechanisms that will bring real value to investors,” says Two Prime COO Alexander S. Blum. “It all starts by investing in the highest quality and most innovative crypto funds, projects, and cryptocurrencies in the blockchain space. As a highly-regarded global fund and a leader in the blockchain and tokenization space, SPiCE VC has seen the industry through its booms and busts. They’re pioneers of the tokenized fund, proving to investors first hand the disruptive potential of tokenization. We are excited to have SPiCE VC join us on this journey.”
Since the launch of the Partner Program on January 30th, Two Prime has received over one hundred applications from a cross-section of ambitious blockchain funds and projects. SPiCE VC stood out with its impressive portfolio and experienced management team. Their portfolio companies include major players in the blockchain and tokenization space such as Securitize, the leading digital securities issuance company, and Bakkt, a digital assets security exchange created by owners of the New York Stock Exchange.
On joining the Two Prime Partner Program, SPiCE VC Founder and Managing Partner Tal Elyashiv says: “SPiCE VC is thrilled to be part of Two Prime’s allocation portfolio. The team’s proven record of finance and technology innovation positions Two Prime for success. The Continuous Token Offering model is sure to further mature the cryptocurrency industry at a much needed time!”
“The crypto markets today are just a shadow of what we saw back in 2017 during the ICO boom, continues Blum. “Everywhere we go, investors tell us about the enormous potential of the crypto space but also their hesitation in entering the market due to crypto’s reputation. With the FF1 and the Continuous Token Offering, we are leveraging the rapid fund formation of the space and reigniting the excitement back into the crypto markets.”
The Two Prime core investment team continues to take applications for its Partner Program. Selected projects will be allocated funds in either USD of FF1, depending on preference. To find out more and to apply for the program, please visit: http://twoprime.io/partner.
About SPiCE VC
SPiCE is a Venture Capital fund providing its investors exposure to the massive growth of the Blockchain and tokenization ecosystem.
SPiCE invests in companies building the ecosystem, with winning products and services, and strong teams capable of executing on their vision and leading their domain. Companies who stand to benefit the most from the massive growth of the industry.
SPiCE, the first fully tokenized VC fund, is widely regarded as a pioneer and a leader in the space, supporting the rapid growth of this ecosystem with capital and expertise, focusing on early stage opportunities with great teams who have the vision and ability to change the world with the blockchain.
Readers are hereby warned that:
1) there is no guarantee or representation of value or liquidity for the FF Meta Tokens, and the purchase of the FF Meta Tokens is of speculative nature and none of Two Prime or its affiliates shall be responsible for or liable for the value of the FF Meta Tokens, the transferability and/or liquidity of the FF Meta Tokens and/or the availability of any market for the FF Meta Tokens through third parties or otherwise;
2) Two Prime intends the value of the FF Meta Tokens be maintained but the FF Meta Tokens may still be subject to fluctuation;
3) under no circumstances would a holder of the FF Meta Tokens be entitled to or receive (i) any form of interests whatsoever in whole or in part (including but not limited to equity interest, proprietary interest and ownership interest) or share in or claim against Two Prime and/or any fund managed by the group, (ii) any voting rights at the board meetings or shareholders meetings of Two Prime, (iii) any management rights of Two Prime and/or the FF Meta Tokens, (iv) any economic right (including any kind of right to payment, distribution, income, dividend, profit, or other return, or any sums to be paid, or likely to be paid, out of such return or profit) of or generated from the keeping of the treasury (except those directly between participants of the ecosystem), by Two Prime and/or from the project financing conducted by the group; (v) any interest payments from Two Prime and/or any funds managed by the group; and (vi) any claim against any funds managed by the group and request any value to be returned to you;
4) the FF Meta Token is not a debenture issued by Two Prime and all purchase of FF Meta Tokens are final upon you receiving the FF Meta Tokens from Two Prime. You will not have any right to subsequently request redemption or return of the purchase funds you paid to Two Prime for the purchase of the FF Meta Tokens which Two Prime has the sole and absolute discretion to decide on how to use the purchase funds; and
5) Two Prime does not give any undertaking that, if the FF Meta Tokens are used as a means of making payment for goods or services from Two Prime or from a recipient, Two Prime will, or will procure the recipient of the FF Meta Tokens to, accept the payment up to the amount of the value in any funds managed by the group or to redeem the FF Meta Tokens.