Blockchain Capital

BCAP is a tokenized security representing a limited partnership interest in Blockchain Capital's BC III Digital Liquid Venture Fund, a venture fund focused on investing in cryptocurrency and blockchain technology companies. It is designed to give token holders economic exposure to a professionally managed portfolio of blockchain-related equity stakes, early-stage companies, and initial coin offerings. The asset targets investors who want access to a curated basket of blockchain-industry positions through a regulated, on-chain structure rather than through direct ownership of individual projects.

BCAP is an ERC-20 token issued on the Ethereum blockchain, where it inherits Ethereum's consensus and settlement infrastructure rather than operating its own. Each token represents a fractional claim on the underlying fund's net asset value, with BC Manager making investment decisions on behalf of the fund. There is no listed block time specific to BCAP itself because it settles within Ethereum's own block cadence; the stored block time of zero reflects that the token has no independent chain.

The data stored for BCAP records no fee stream at the token protocol level, meaning there are no on-chain fees generated by BCAP itself and no fee-based measures to report for this site's standard metrics. Any economics that exist flow from the fund's investment activities — carried interest, management fees, and portfolio returns managed by BC Manager — rather than from on-chain transaction fees. Because those fund-level economics are not captured in the on-chain data stored here, fee-derived ratios are not applicable to this asset.