According to Investopedia, an alternative investment fund is an asset that is not one of the conventional investment types, such as stocks, bonds and cash. Most alternative investment assets are held by institutional investors or accredited, high-net-worth individuals because of the complex natures and limited regulations of the investments. Alternative investments include private equity, hedge funds, managed futures, real estate, commodities and derivatives contracts.

The alternative fund industry and alternative investments in general have historically faced much criticism and challenges due to its opacity, difficulty in access and overarching costs of compliance that has been increasing over time. As it has matured into an asset class for all investors, these problems have come to bear and has brought the industry to the precipice of necessary change. DarcMatter aims to solve key problems facing the industry with their all inclusive Blockchain solution.

What Is DarcMatter?

DarcMatter is an already fully operational global platform, that allows investors all around the world to access the alternative fund asset class in a transparent and secure fashion. DarcMatter was established in 2014, DM’s platform connects GP’s actively raising capital with investors (LPs) globally, to seamlessly connect, access fund documentation, and invest in a curated set of Hedge Funds, Private Equity, and Venture Capital funds efficiently online.

Headquartered in New York City, DM also has offices in Shanghai, Hong Kong, and Seoul, South Korea, where the regional teams work with local investors to provide direct access to cross border investment opportunities via the platform. DM is developing a blockchain based distributed ledger to remove opacity and inefficiencies from the alternative investment industry globally. and reporting process while decreasing geographic boundaries.

DarcMatter Highlights

Global Accolades: Awarded as Top FinTech platform from over 4 countries.

Worldwide Investor Reach: 1300 investors (institutional, advisors and individuals) use utilize the platform to source new investment opportunities.

Expansive Global Access: 150+ Funds on the platform with over $10 billion in total AUM.

Global Minded Team: Award winning team and top caliber investors and advisor.

Key Problems In The Industry

Lacks of Transparency- Alternative funds have a notorious lack of transparency in its history. Alternative fund investment industry opacity and lack of transparency created massive issues such as the Madoff Ponzi fraud scheme and long-term capital management collapse. Complex and Evolving Regulations- The state of financial regulations is constantly influx with global regulations evolving at an increasingly accelerated pace in order to keep up with requirements for investors protections and a breakneck pace in the proliferation of the new financial products. Completely Offline Interactions- Currently, all the transactions between the investors and fund managers around the world are carried out in an offline manner and through physical paperwork. Offline transactions create too much room for error, which leads to increased opacity.

DarcMatter Solutions

Ability to Scale to Additional Funtions- Alternative funds, while massive, represent just one of the industries in which the technology can be applied. Much of the industry constituents are focused on P2P type payment financial transactions or (on the other end of the spectrum) enterprise solutions between institutions, like banks. DarcMatter’s platform and its technology has the ability to link these two components. Critical Phase of Industry Changes- The fund investment industry has reached a point where it requires investors to access fund assets in a secure and seamless manner. Large cases of fraud, friction around worldwide access, and impropriety are systematically prevented by the DarcMatter platform. With this platform, investors across the world are now ready to embrace technological reforms as a solution to all the issues that plague the alternative fund investment industry. Complete Transparent and Security- NEM blockchain technology is used by DarcMatter for its platform development. Investors will benefit from many of its essential characteristics such as proof-of-importance (POI). The majority of cryptocurrencies do not require the capacities to effectively verify such transactions or “miners” in order to be a constituent of the community. POI allows for the natural synergy of both types of cryptocurrencies.

ICO Details and Token Specification

DMC tokens are based on NEM blockchain technology. There has been significant work done by the development team of NEM blockchain in order to make it more accessible and modifiable in a much more scalable manner than Ethereum or other blockchain technology.

DMC Token is an utility token. Investors will primarily use DMC to consummate and process smart contracts that unlock investment opportunities. Users will be able to run master-nodes (Singularity Node) that will help process transactions. Below is the diagram of the token use case.

DarcMatter Roadmap

Project Team

The team is headquartered in New York. The CEO is Sang Lee, who used to work in Investment Banking at BNP Paribas. Advisors include Mark Mai, the founder of OkCoin and John Nahm, who supports Korean-led startups. The biograophies of the team and advisors is fully detailed in the project's whitepaper.

Conclusion

My overall conclusion about this project is positive, it has an existing running business with an experience cross countries team, a strong use case and well-thought-out business model. I think this project worth our support and advise my readers to support it in anyway they could.

Useful Links

Project Website

Whitepaper

ANN Thread

Telegram Live Chat

Blog

Writer: Adeyinka Joshua

Bitcointalk Username: Adebits

Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1249179