Rebooting Venture Capitalism in A Post Covid-19 World
Powering Economy by Tokenizing Tangible Assets
Soya Capital created a Token-Based investment syndication product structured around a Simple Agreement For Future Access Token instrument. The tool enables a group of investors to acquire a stake of a company shares transferable at a later stage of its development (series A, Series B, IPO…) and backed by a digital asset like the DATACHAIN Foundation Future Access Token (DC F.A.T). This instrument enables pools of investors, Angel Groups, VC funds, individuals and institutions to co-invest in the best opportunities available in the market while backing theirs investments with a digital asset whose value can grow exponentially within a very short term period (18 to 36 months). We believe this product prefigures the future of venture capitalism, the perfect decorrelation of a company sales performance (MRR) from its intrinsic value that can differ from it by being embodied by a strong Intellectual Property. It is a new way to guaranteeing Return On Capital to investors while ensuring the sustainable growth of startups developing technology based intrinsic value relying on new business models.
In a context where economic growth is primarily driven by innovation, a dynamic and effective venture capital sector is vital (Glachant, Lorenzi, and Trainar 2008). But for the last 10 years VCs’ ability to take risks and support truly disruptive companies has been shredded by the increasing necessity to provide faster and bigger return on investment while fewer and fewer companies was able to reach their product market fit.
The survey, conducted by Fidelity Digital Assets from November to early March involving almost 800 institutional investors, found that 36% of respondents - 27% in the US and 45% in Europe - are now investing in digital assets. In 2019, 22% of U.S. investors admitted having allocations to these assets. In addition, 59% of those who invested did so directly, compared to 55% in 2019.
"These results confirm a trend we are seeing in the market towards greater interest and acceptance of digital assets as a new investable asset class," said Tom Jessop, President of Fidelity Digital Assets, in a press release. " Clearly this is reflected in the evolution of the composition of our client portfolio, which extends from native cryptographic assets to pensions".