316VC is a leading investment and advisory firm dedicated to seeking out early-stage blockchain startups to help accelerate their growth while bringing exposure to the industry. In order to further enhance the due diligence process for investment opportunities, we propose the following process:
- Deal Sourcing
316VC will continue to source potential investment opportunities through various channels, such as personal networks and community recommendations.
2. Initial Screening
Once a potential investment opportunity is identified, 316VC will conduct an initial screening to determine if it meets the necessary criteria. This can include assessing the market opportunity, the team, the technology, and the potential for growth.
3. Expert Due Diligence
After the initial screening, 316VC will engage professionals in relevant fields and direct advisors of 316VC to conduct due diligence on the investment opportunity. In addition, 316VC will seek counsel from large VC groups to ensure that investment opportunities are thoroughly evaluated from various perspectives.
4. Investment Committee Due Diligence
Once the expert due diligence is completed, 316VC will engage a committee of experts from within the 316VC community to conduct their due diligence on the investment opportunity. The investment committee will review the expert due diligence report, assess the potential return on investment, and determine the level of risk. They will make a recommendation on whether the investment opportunity meets the necessary criteria before presenting it to the community for review and voting.
5. Community Due Diligence
After the investment committee has completed their due diligence, 316VC will present the investment opportunity to the community for review and voting. The community will have the opportunity to review the investment opportunity through various channels, such as Telegram and Discord. The voting for governance will be done through our dApp on our website, which will enable community members to vote on investment opportunities. Additionally, 316VC may host an AMA with the project team to provide more information about the investment opportunity and to engage with the community. The AMA can be conducted through various channels such as Telegram, Discord, or Zoom. This can provide community members with an opportunity to ask questions directly to the project team, learn more about the project, and gain insights into the team’s vision and plans. The feedback and questions raised during the AMA can help inform the community due diligence and voting process, as well as help foster a sense of community and collaboration between the project team, 316VC, and the community.
6. Final Investment Decision
Once the community due diligence process has been completed, the investment committee will review the investment opportunity and the feedback received from the community. The investment committee will evaluate the investment opportunity based on various factors, including the project team’s experience and track record, the potential market opportunity, the token economics, the competitive landscape, and any potential risks or challenges. The investment committee will then make a final investment decision based on their evaluation and the consensus of the community.
7. Investment Process
The investment process begins once the investment committee, comprised of experts from within the 316VC community, has decided to move forward with an investment opportunity. In cases of high interest within our community, maximum allocations will be set based on which NFTs are held (Trinity, Kingdom, Genesis) and the quantity of each. The community members will pledge their investment amounts through the investment platform, and once the minimum investment amount is met, individual investors will fund their allocation on our investment platform.
In addition, 316VC MIC has a treasury that can be used to add additional funds to the investment. The treasury funds will go through a vote by the holders of the MIC NFTs to determine whether additional funds should be added to the investment. If the vote is approved, the additional funds will be added to the investment, and the investment terms will be negotiated between the 316VC team and the company. 316VC charges a 5% fee for managing the investment and providing ongoing support to the companies in which it invests. After the investment has been made, 316VC provides ongoing monitoring and support to the company to help ensure its success.
8. Post-Investment Monitoring
After an investment has been made, 316VC will provide ongoing monitoring and support to the company to help ensure the success of the investment. This includes regular check-ins with the project team, ongoing analysis of market trends and competitive landscape, and access to the network of experts and professionals in the 316VC community. Additionally, 316VC may provide advisory services on various aspects of the company’s business, including token economics and other relevant areas. 316VC will work closely with the project team to help them achieve their long-term goals and milestones and will continue to monitor the progress of the investment and provide regular updates to the community. Overall, 316VC is committed to providing ongoing support to the companies in which it invests, to help them achieve their full potential and contribute to the growth and success of the blockchain ecosystem.
By following this enhanced due diligence process, 316VC can ensure that investment opportunities are thoroughly vetted and meet the necessary criteria before they are presented to the community for review and voting. This will help to increase the quality of investment opportunities, enhance community engagement, and ultimately lead to the success of the investment portfolio.
Company Name: 316VC
Contact Name: M.Smith