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DarcMatter Coin (DMC) (DMC)

Distributed ledger to remove opacity and inefficiencies from the global alternative investment industry. **UPDATE - ICO ended more updates will be released on July 15th!

Closed

ICO Details

Sale TypePast ICO listing
Target Raise$ 35,000,000
Hard Cap$ 35,000,000
Soft Cap$ 2,000,000
Token SymbolDMC
Token TypeUtility, NEM
Token Price1 DMC = .20 USD
KYCYes
WhitelistNo
AcceptsBTC ETH

Features

DarcMatter is the first truly decentralized global platform for the alternative fund investment industry. DarcMatter already has a global presence with usage from over 24 different countries. Given the global reach and usage of DM, the team is eager to create platform solutions that encompass cutting edge technology. While there has been much development, many tasks in the alternative fund space are still considered manual and require the participation of numerous intermediaries and service providers to provide the compliance, security and transparency necessary for investors to connect with non-public alternative fund opportunities. The blockchain and the capabilities of the distributed ledger have the capability of bringing transparency and security into an industry that has been ripe with fraud and opacity since its inception. Additionally, changing and evolving regulations to provide additional security for investors, has only increased the cost load on alternative asset managers, which makes the industry more incentivized to increase the assets under management, rather than focusing on enhancing investment returns. The distributed ledger that DarcMatter is developing has the ability to transform a multi-trillion-dollar industry from an era defined by paperwork, opacity and information asymmetry, into one that will be characterized by transparency, security and trust in a way that has never been seen before. Additionally, blockchain implementation into the alternative fund industry will have much broader implications and capabilities including but not limited to: • Seamless cross border investment capabilities • Documentation tracking for multi-consensus and logging • Additional asset classes being seamlessly distributed through the entire investor vertical The DarcMatter team has operated the platform for 3+ years and is already working with 150+ funds (GPs) and 1,300+ institutions and investors worldwide (LPs).

Core Team

Stan Solodkyy
Stan Solodkyy
CTO
Natasha Bansgopaul
Natasha Bansgopaul
Co-Founder & COO
Sang H. Lee
Sang H. Lee
Co-Founder and CEO
Mai Gang (Mark Mai): Co-Founder of OKCOIN and Founder of VenturesLab
Mai Gang (Mark Mai): Co-Founder of OKCOIN and Founder of VenturesLab
John Nahm:  Strong Ventures Managing Director
John Nahm: Strong Ventures Managing Director
Adrian Lam: • ICO Advisor for IHTcoin and Tradehero.mobi • ICO Lead for Electrify.Asia • Founder of Workzspace.com, listings of 1000+ Serviced Offices & Coworking space in Asia. • Former Chief Operating Officer of Sportshero now listed on Australian Stock Exchange (ASX)
Adrian Lam: • ICO Advisor for IHTcoin and Tradehero.mobi • ICO Lead for Electrify.Asia • Founder of Workzspace.com, listings of 1000+ Serviced Offices & Coworking space in Asia. • Former Chief Operating Officer of Sportshero now listed on Australian Stock Exchange (ASX)
Sarah Foley: • Senior finance and operating professional with 20 years of experience investing in angel- to leveraged buyout-stage companies across a variety of industries. • Partner at SWAT Equity Partners, an early stage venture capital fund formed to discover, incubate and invest in emerging consumer brands across various products and services
Sarah Foley: • Senior finance and operating professional with 20 years of experience investing in angel- to leveraged buyout-stage companies across a variety of industries. • Partner at SWAT Equity Partners, an early stage venture capital fund formed to discover, incubate and invest in emerging consumer brands across various products and services

Frequently Asked Questions

What is DarcMatter Coin (DMC)?

DarcMatter is the first truly decentralized global platform for the alternative fund investment industry. DarcMatter already has a global presence with usage from over 24 different countries. Given the global reach and usage of DM, the team is eager to create platform solutions that encompass cutting edge technology. While there has been much development, many tasks in the alternative fund space are still considered manual and require the participation of numerous intermediaries and service providers to provide the compliance, security and transparency necessary for investors to connect with non-public alternative fund opportunities. The blockchain and the capabilities of the distributed ledger have the capability of bringing transparency and security into an industry that has been ripe with fraud and opacity since its inception. Additionally, changing and evolving regulations to provide additional security for investors, has only increased the cost load on alternative asset managers, which makes the industry more incentivized to increase the assets under management, rather than focusing on enhancing investment returns. The distributed ledger that DarcMatter is developing has the ability to transform a multi-trillion-dollar industry from an era defined by paperwork, opacity and information asymmetry, into one that will be characterized by transparency, security and trust in a way that has never been seen before. Additionally, blockchain implementation into the alternative fund industry will have much broader implications and capabilities including but not limited to: • Seamless cross border investment capabilities • Documentation tracking for multi-consensus and logging • Additional asset classes being seamlessly distributed through the entire investor vertical The DarcMatter team has operated the platform for 3+ years and is already working with 150+ funds (GPs) and 1,300+ institutions and investors worldwide (LPs).

Is the DarcMatter Coin (DMC) ICO currently live?

No, the DarcMatter Coin (DMC) ICO is closed.

What is the DarcMatter Coin (DMC) token symbol?

The DarcMatter Coin (DMC) token uses the symbol DMC.

What is the DarcMatter Coin (DMC) (DMC) price?

The token price for DarcMatter Coin (DMC) is 1 DMC = .20 USD.

Does DarcMatter Coin (DMC) require KYC to participate?

DarcMatter Coin (DMC)'s KYC requirement is: Yes.

Where can I find official information about DarcMatter Coin (DMC)?

The official website for DarcMatter Coin (DMC) is http://dmc.darcmatter.com/, and the whitepaper is available at https://www.dropbox.com/s/5b153iuxw3e7mqq/DMC_Whitepaper%20%28v2.2%29.pdf?dl=0.

Data sources

  • Live prices via CoinGecko
  • News from CoinDesk, Cointelegraph & Decrypt
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