Virtual currency for real investment

    You won’t surprise anyone with domestic currency today - it is one of the main tools for monetizing various electronic projects. The phenomenon has become so widespread that any social platform acquires it without fail. At Voices in VK, Facebook Credit, ZHZhtony, OK at Odnoklassniki, millions of users buy gifts, regalia, additional features and internal applications every day.

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    The domestic currency also has an active circulation in the gaming industry, where thanks to the “golden eagles”, “coins”, and “crowns” you can significantly expand your capabilities as a player, for example, technically upgrade, or correct the health that is shattered in game conflicts. The developer, for his part, is reaping the benefits of an In-App Purchase in the form of very real money, for which the user purchases all kinds of gaming equipment.

    The VCStart collective investment platform has not become an exception to the general rules - we also have our own currency called Start Bucks. Only its purpose is of a completely different kind.

    Not for profit, but for users



    The Start Bucks currency plays an important role in the internal dynamics of the platform and is used exclusively for investing in startups, and only at the first stage - the community gathering stage. Contrary to the opinion of skeptics who are already waving with the words “Everything is clear,” it was introduced not to monetize the project, but to encourage VCStart early users to invest. We just pay users startbucks for friends brought to the site. For each registered rookie, the user who invited him receives 5 startbacks. And when your recruit makes the first investment or donation, you get a bonus of 50 Startbucks.

    Bucks for a start



    How does this happen? Technically, the motivational mechanism is simple and time-tested. Based on the popular marketing model CPA (cost per action), where payment is provided for a specific action.

    By registering, the user receives his own referral link and a banner with an individual code, which in the future will serve as tools for collecting and recording his prize accumulations. Each new member of the platform registering on your link brings you guaranteed profit in Startbucks.

    Further, the matter remains small - the desire to become an investor, proactivity and sociability. The gift of persuasion will also come in handy, although not required. The public benefit and transparency of the Vcstart investment scheme speak for themselves, no one needs to be convinced. Some close friends will surely immediately follow your example - a funded startup becomes your joint brainchild and, in addition to long-term investments in it, will become one of the topics on duty for your friendly conversations. And if you are a communication guru of the “God” level, an active user of social networks, the number of friends is over the thousand, a popular blogger or webmaster, then predictably soon you will get your own starting capital in our currency, although virtual, but solid.

    An alternative option for those who prefer to pay is also there. You can buy Startbucks for 50% of their real value from VCStart, which will qualify as project support.

    Where do Startbucks come from?



    The virtual currency of our platform is generated through start-ups that allocate a small portion of their shares to early users. The authors of the projects are interested in this themselves - there will not be a more or less large group of backers from whose start-ups the initial asset is formed - it is unlikely that other investors will support it in the further stages of financing the project.

    The goal of obtaining additional funds for investment stimulates the very first contributors to the project to tell friends about it. Those will tell their friends, and so on. Thus, for future investors, without any financial costs, the first money for investments appears, and the startup creates an audience of potential investors.

    Start Bucks Won't Pay With Starbucks



    The main difference between Start Bucks and any other internal virtual currency is that under no circumstances is it a means of payment. Start Bucks cannot be withdrawn from your account and converted into real money, used elsewhere than Vcstart, or transferred to third parties. The currency is used solely for marketing purposes within one individual crowdinvesting platform and is valid only when investing in published projects.

    To infinity, it is also impossible to use Start Bucks with the support of a specific startup, for example, increasing its share in it. The minimum amount of investments in Start Bucks is set at 3% of the lower limit of the total amount of fees, while the maximum amount for each startup attracting financing is set at its discretion. It is worth noting that the shares allocated by the project author on Start Bucks, he can immediately write off to marketing costs. Upon completion of the financing round, the startup receives its money minus 7% of the platform's collection and 3% invested in Start Bucks.

    Moment of truth



    For the investor, the magical moment of turning a pumpkin into a carriage one day does occur. Provided, of course, if the financing of the project was successful, for some time it actively developed and, as a result, seriously increased its capitalization. In this case, the user will be able to sell his share much more than its initial price and the money for it will no longer be virtual.

    Where exactly to sell? Of course, on the VCStart internal exchange . And how it works, we will tell in detail in one of the following posts.

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