In order to solve the traditional Venture Capital investment threshold is high, the project match difficult, the problem such as transaction risk, fund structure stiffness, the Basrich VC, RRE Ventures company sponsored, former Google executive Gregory McCray served as executive of the Union of VC (Venture Capital Union) VC ecological platform alliance, began in 2017 in the process of project, aim to build a system of safe and reliable, can let distrust each other institutions and individuals, in the center of the has no authority institution as a whole. Trust each other to interact information and data, establish and support the largest early investment portfolio in traditional VC and blockchain ecosystem through intelligent contracts of programmable finance, and make the financial market more globalized.
VCUnion development team:
Technical support – Ryan Smith (chief technology officer of the Chain)
Legal counsel – Aleksandr Malkov
Technology consultant – Mark Gates (author, blockchain: blockchain and application guide)
Product manager – Fahim Aref (energy, telecom, blockchain)
Chief front – Howard Majid (master’s degree in computer science and artificial intelligence)
Development engineer – TADAS MAURUKAS (certified ether workshop developer, excellent background in Java and data analysis)
Infrastructure security architect – ANTANAS GUOGA (data scientist, developer)
Customer support manager – FABIO CARDONI
Executive CEO – Jason Owen (Thomas Lloyd Group’s partner in the investment banking division and later vice President of business development at ICD, a well-known venture capital firm)
Project initiator – Gregory McCray (VCUnion project sponsor, former Google executive, joined Access as CEO in February 2017, and Access offers Google fiber services. After his departure, Gregory McCray focused on the fast-growing blockchainsector.）
VCUnion Pass the token VCT：
Block chain of decentralization, tampering with information, the characteristics of anonymity, constructed a system of safe and reliable, can let distrust each other institutions and individuals, in the center of the has no authority institution as a whole, trust each other for information and data interaction, the traditional VC investment threshold is high, the project match difficult, the problem such as transaction risk, fund structure stiffness.
RRE VenturesCompany strategic cooperation, issued by Basrich, Chain provides technical support for blockchain application token VCT（Venture Capital Token），VCT will be achieved by digital token in the form of a traditional VC project investment, on the basis of the etheric lane, the establishment and development of the VC industry application layer protocol, using intelligent part in the intelligent portfolio in the form of contract, through to the industry data authentication, information optimization and transparency, and finally by using technology of block chain, and the Union of VC platform of financial and operational expertise to provide seamless experience for investors, for investors and fund managers to provide more extensible access point, build and support the digital token and chain blocks the biggest early portfolio in the ecosystem.
By attracting investment from all over the world, more promising projects can quickly realize development strategies.VCT, the smart contract digital token that forms the basis of the venture capital industry, will be more open for investment and profit distribution, and make financial markets more global.
1. The project was initiated by Gregory McCray in October 2017
2. Global supernode recruitment in June 2018
3. In September 2018, VCUnion went online and started the first round of private placement
4. VCUnion eco-platform venture project started in October 2018
5. In December 2018, the super node foundation of each division was opened
6. In March 2019, block chain venture and joint ecosystem was formed
7. Open side chain development in June 2019