Sunday, December 5, 2021

Apis Token (API) ICO Details & Financial Information

ICO NameApis Token
SymbolAPI
Start DateTBA
End DateTBA
CountryUSA
PlatformN/A
ICO Time
Unknown
Show All

The Apis token (the “Token”), the world’s first digital token providing exposure to a volatility-focused hedge fund with a proven track record of performance. The Token will be issued by Apis Token Fund, Ltd., a Cayman Islands exempt Issuer, organized on  and sold to nonU.S. investors under Regulation S. The Tokens represent an indirect fractional non-voting economic interest in the ACM Market Neutral Volatility Strategy Fund, LP, a Delaware limited partnership, organized on November 30, 2017 (the “Fund”). The Fund is managed by Apis Capital Management, LLC (the “Manager”).

Unlike traditional hedge fund interests, which are often locked up for months or years at a time, Tokens will be immediately re-sellable to non-U.S. persons, as defined herein, following the Tokens’ initial issuance. A tokenized fund structure democratizes access to investments that previously required substantial capital commitments, making previously private pooled investment vehicles accessible to the average non-U.S. investor. The Token will invest in the Fund, and derive profits from its performance, without the ongoing management or incentive fees typical of other hedge fund investments. At issuance  the Manager will be allocated approximately 20% of the tokens. On a monthly basis, profits of the Fund will be distributed pro-rata to all Tokenholders in the form of additional Tokens. Additionally, subject to certain restrictions, Tokens can be redeemed for their pro-rata share of the Fund assets at regular redemption dates. The first redemption shall occur 12 months after the initial issuance of the Apis Tokens, but may occur earlier at the discretion of the Manager. After each Token is redeemed for itscommensurate value, it will be taken out of circulation.

Third Party Administration
Senior Marketing and Investor Relations Associate
Managing Partner
Price1 API = 2.00 USDSaleN/APayment ModeETH,BTC
Minimum InvestmentN/ADistribution80%RaisedN/A
Soft CapN/AHard Cap50,000,000 USD
All information presented on the website regarding the description of ICO projects, cost, and investment opportunities is for informational purposes only and is not a public offer under any circumstances.
By investing in this ICO you agree to the User Agreement

Helpful

Telegram

Subscribe to our channel, and be aware of the latest news Subscribe