Global Coin Research
Partner Contact
TheJinKiang
FC Contact
NFT Thinker
Project Type
Description
GCR is a syndicate partner that shares deal flow with Fight Club.
FC Branch
Proposal name: GCR <> FC deal flow swap
Working group: Jin_Kiang (GCR), NF Thinker, tesa_fc
Date: 8/10/22
Status: FC DAO poll
TL;DR
Global Coin Research (GCR) and Fight Club have agreed to share syndicated deal flow. The terms of the deal flow follows the fees that GCR charges its members. GCR members currently pay a one-time 5% set-up fee and a 15-25% carry on each investment. 15% carry is charged if the deal returns less than 15x and 25% carry is charged on deals that return more than 15x.
Background
Global Coin Research (GCR) is a decentralized community of web3 investors and researchers. GCR offers its members access to syndicated deal flow gated by the number of $GCR tokens members hold. GCR has completed over $31+mm in deals ranging from seed to mid-stage growth and pre-IPO equity investments.
GCR holds weekly calls to go over potential deals with exclusive founder calls for its Gold and Gold Pro members. The minimum deal investment size is $5,000 and restricted to accredited investors.
Specifications
Deals that GCR Sources
GCR’s deal fees are based on a 15% carry charged to each syndicated deal that returns less than 15x. For deals that return > 15x, the carry is increased to 25%.
Fight Club members who participate in GCR-lead deals will be required to pay the GCR fees.
Deals that FC Sources
For deals that FC source, GCR will create a GCR entity to invest in the FC SPV. The GCR entity will pay the service provider fees associated with the FC SPV.
The service provider fees are as yet to be determined by the FC DAO.
Sentiment Poll
This poll is to approve of GCR as a deal collaborator and to specify the fee terms for investors.