Palo Alto-based X-Capital, a diversified crypto hedge and investment fund has announced that it will contribute 2000 ETH into the ICO for blockchain talent ecosystem DREAM. With this substantial capital infusion, DREAM says it is much closer to being able to deliver its vision for the future of blockchain freelance hiring, project automation, and team-building.
DREAM is one of the first 3 projects selected from over 100.
X-Capital’s X-Celerator utilizes large-scale mathematical models and economic growth factors to enable portfolio companies to achieve their full potential.
Validation Model
The X-Capital validation model incorporates a comprehensive matrix of six competencies:
- Industry Analysis and Market Research
- Team Formation and Track Records
- Technical Competencies and Barriers
- Product Roadmap and Feasibility
- Token Economics and Growth Factors
- Business Models and User Incentives
Using these criteria to perform comprehensive evaluations of investment opportunities has allowed X-Capital to achieve a 1,600% return in the past year.
[perfectpullquote align=”full” bordertop=”false” cite=”Poseidon Ho, Managing Partner at X-Capital” link=”” color=”” class=”” size=””]”I first met Richard and his team in Shanghai when touring Asia looking for up and coming blockchain projects. Following our meeting, Richard provided weekly updates and after tracking their project and working with the team we knew that they stood out from the crowd. They address a real problem, and we see them as a valuable strategic partner to deliver solutions into our broader portfolio.”[/perfectpullquote]
[perfectpullquote align=”full” bordertop=”false” cite=”Richard Foster, CEO of DREAM” link=”” color=”” class=”” size=””]”Poseidon and his team are the epitomai of professionalism. They challenged everything we’re doing, from our business model to token economic models. Whilst they are contributing to our token sale, the biggest value they bring is their extensive network and experience. My advice would be if you’re a blockchain startup and can get selected by X-Capital DO IT! However, be prepared for a lot of hard work and a lot of meetings!”[/perfectpullquote]
