BullPerks is the fairest and most community-dedicated decentralized VC and multichain launchpad. Unleashing the power of the blockchain and a decentralized venture fundraising model, BullPerks offers tremendous opportunities to everyone who wants to invest in the best crypto projects on equal terms with VCs. The platform is fully oriented toward the community and provides low entry and access to early-stage projects for users
It’s the maximum amount of investment funds in the company available to BullPerks investors.
SPV (special purpose vehicle) is a type of special purpose company created for a specific project. All investors’ checks are accumulated in the SPV, which goes to the object of investment by a single check and is indicated in its cap table. Every investor becomes the owner of a share in the SPV in accordance with the size of his check.
Under a commit, we understand the investor’s commitment to participate in the deal with a specific project which is proven by signing an investment agreement (subscription agreement). At this stage, the investor claims that he has funds to make a transfer. By signing this agreement, you confirm that you will make an investment within the specified timeline mentioned in the memorandum of understanding. After signing the document, the cancelation of the investment is not allowed. We don’t use the preliminary commit stage (soft) in our equity deals and only accept hard commits from investors.
Yes, you can invest in USDC.
The minimal investment is 5,000 USDC
Investment check / Setup fee, % / Carried Interest, %
5,000 – 9,999 / 8% / 20%
10,000 – 20,999 / 7% / 20%
21,000 – 50,999 / 6% / 19%
51,000 – 100,999 / 5% / 18%
101,000+ / 4% / 17%
A qualified investor is a person who owns a Golden, Titanium, or Platinum tier on the BullStarter launchpad, has a permanent residence, and doesn’t reside in the Russian Federation.
The Capital Account Statement is a document confirming the ownership of the share in the SPV. The Subscription Agreement is a document that regulates the rights and obligations of transaction participants. The documents will be available in the investor’s personal account on the platform for 2 weeks after the transaction closure.
It takes place after the exit of the SPV from the object of investment, which happens in two scenarios:
Investor’s contribution to the SPV capital | 50,000 |
Setup fee | 4% |
Target rise amount | 200,000 |
Investor’s share of the capital of the SPV | 50,000 / 200,000 = 25% |
All costs to the investor | 50,000 (100% + 4%) = 52,000 |
Cost of SPV on sale | 1,000,000 |
Sale value of SPV | 1,000,000 * 25% = 250,000 |
Investor’s profit | 250,000 – 52,000 = 198,000 |
Carry fee | 198,000 * 20% = 39,600 |
Actual payment to the investor | 250,000 – 39,600 = 210,400 |
Actual investor’s profit | 210,400 – 52,000 = 158,400 |
Return on investment and distribution of profits takes place after the SPV withdrawal from the object of investment. The investor receives the return on his investment check (minus the setup fee). Then, the net worth is distributed according to the investor’s shares in the SPV. The carry (success fee) will be specified in the documents you will receive before making the investment.
The investor’s income must be self-declared by him with the tax authority he is registered with.