4th Floor, Water’s Edge Building,
Meridian Plaza,
Road Town, Tortola, VG1110
Virgin Islands (British)
Investors are required to commit to a 2 year lock up in the fund with a penalty for early withdraw of 5% (the fund reserves the right to reduce the early redemption fee at its discretion.). Many investors may choose to reinvest their proceeds in the fund after the requisite 2 year period ends.
Competitive electricity charges provided from a strong data center provider. Our long term goal is to utilize 100% renewable and/or alternative energy from the data provider. Our cost of electricity for the fund will be equal or below both public or private miners in the market. The fund will endeavor to achieve maximum up time at the data center with a target of 95% capacity utilization of the equipment for our investors in the fund.
The BVI Fund is registered and regulated by the BVI FSC, (Financial Services Commission) as an incubator fund with an initial 20M market cap. As we approach USD 20M we will convert to a traditional BVI fund with a similar, if not the same transparency including the requisite yearly audit by an established auditor with a verifiable track record. Our subsequent fund will be a USD 400M ADGM, (Abu Dhabi Global Markets) fund.
Our membership of the Astana Hub assures VDIF of five years of 0 tax and 0 VAT. The Astana Hub is an international technology park of IT start-ups. It provides conditions for independent development of Kazakhstani and foreign technology companies. Astana Hub is an international technology park of IT start-ups. It provides conditions for independent development of Kazakhstani and foreign technology companies.
The company’s Astana Hub membership started in Nov 2019.
We are an alternative income fund. We do not offer contracts or hash amounts (TH/s) per USD. We purchase equipment that is the most productive, economical and most energy efficient. We then transport and install the equipment at our trusted partner’s facility. We generate digital currency, i.e., Bitcoin, on a daily basis and pay 80% of what the equipment generates, (after operating costs, e.g., electricity, custodian, fund admin, etc.). We receive 20% of the BTC that is generated. No management fee is paid at this time. Our custodian and portfolio administrator/blockchain analysis, (compliance) provider account for all digital currency generated and disbursed. In addition, insurance coverage for theft, vandalism and natural disasters, e.g., flood, earthquakes, fire, are provided by a large insurance company backed by global reinsurance companies. Additional on-site security and video surveillance are also provided.
We offer investors the option of receiving their income on a monthly, quarterly, semi-annual or yearly basis, in either BTC or USD or other acceptable currency. On a daily basis investor income is sent to our custodian for safe-keeping utilizing a “Smart Storage” system and Insurance. Our portfolio administrator will monitor all facets to assure proper demarcation of investor funds and prompt distribution of income. For larger investors, we will offer the option of receiving income on a daily basis as well (additional fee may apply). The option to reinvest will be available for all investors with minimum thresholds.
