Blockchain Capital

BCAP is a tokenized security representing a limited partnership interest in Blockchain Capital's BC III Digital Liquid Venture Fund, a venture capital fund focused on cryptocurrency and blockchain technology companies. It is designed to give holders exposure to a professionally managed portfolio of early-stage and growth-stage blockchain businesses, including companies serving the Bitcoin ecosystem, financial institutions adopting blockchain technology, and non-financial enterprises exploring blockchain applications. The token addresses the problem of access to institutional-grade venture capital, which has traditionally been restricted to accredited or institutional investors.

BCAP is an Ethereum-based token, also present in the ZkSync ecosystem, that represents a legal claim on the underlying fund's assets rather than functioning as a utility or governance token within a protocol. The token's value is tied to the net asset value of the fund's holdings, which consist of equity stakes, token positions, and other investments made by BC Manager on behalf of the fund. There is no consensus algorithm or block production mechanism specific to BCAP itself, as it is a tokenized real-world asset that settles on the Ethereum blockchain.

The data stored for BCAP does not include a fee stream, revenue figures, or protocol-level income metrics, which means fee-based measures commonly tracked on this site are not applicable here. The economic return for token holders would depend on the performance of the underlying venture fund portfolio rather than on fees generated by a protocol. All 9,112,111 tokens in the circulating supply are already issued, with supply issued at 100 percent of the current supply and no maximum supply recorded, and there is no dilution overhang or pending supply noted at this point in time.