What is BCF

Title

Borgias Capital Fund (BCF) is a closed-end crypto, forex, stocks and commodities hedge fund, built on an Ethereum smart contract. The fund invests and trades in the top 100 most liquid cryptocurrencies.

The fund is pegged against USD. At the end of each month, the USD profits will be converted in ETH and sent to the token holders after deducting a performance fee. The fund will trade on Bittrex, Bitfinex, Kraken with USD/USDT being a base currency. Trades are monitored 24/7.

The fund charges a performance fee of 20% on the profits made and 80% of the profits will be shared back to the investors in ETH terms. At the moment (not according whitepaper but a gesture to investors) no fees will be taken if fund does not perform above 30% Conservative aim is 15% per month.

The fund is managed by Rohan Rathod and started with a group of 65 investors from his telegram channel where he posted his insights in day trading. Trading team has expanded with someone to watch trades overnight and new traders are being trained.

There were 3 ICO rounds, after each round new tokens where minted. Only BCF tokens are valid for dividends. RCF tokens with contract addresses 0x4e1d9a76c688a6dfca4c692f1b9c5be2d2d88311 and 0x0dc28ced73c972a7b4759192c9fd000dbb05f715 are now useless. Don’t buy the old ones if see them for sale somewhere.

I got a lot off questions where to buy BCF. Most holders are holding, there is very little trade in BCF, but if there are sellers, they sell on ForkDelta. But most for sale are at huge premium prices. Long term that might not be a concern, but when legal fund start to happen as for now current fund is most likely paid out at nav and we all have to enter the new legal fund.

Payout Structure   Dividend Calculator   Current Performance   Dividend Yields   BCF and other crypto appreciation   
Roadmap   Transfering BCF from and to Forkdelta   

BCF payout structure

According to the original white pape the fund will charge a performance fee of 20% on the profits made and 80% of the profits will be shared back to the investors in ETH as dividends. At this moment a performance fee of 10% will be charged on performance below 20%, if above 20% fee.

The first 3 months profit was 50/50 split between dividend pay-out and fund growth. At the moment a 50/50 split will only be done if fund performs above 50%. All to Rohan's discretion to change it.

In case of a monthly loss, the management team shall not charge any fees and no dividends will be paid that month.

Some basic profit examples and dividend.

Dividend  Dividend  Dividend 
25% ($2,262,864.25)$2.2598 $2,500,000$2.4966 $2,503,391$2.50
15% ($1,357,718.55)$1.3559 $1,000,000$0.9986 $1,001,356$1.00
9% ($814,631.13)$0.9152 $750,000$0.8426 $445,047$0.50
5% ($452,572.85)$0.5085 $333,333$0.3745 $222,524$0.25
3% ($271,543.71)$0.3051 $150,000$0.1685 $89,009$0.10
1% ($90,514.57)$0.1017 $50,000$0.0562 $44,505$0.05
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Borgias Capital Fund dividend calculator

BCF dividend payouts are calculated by this formula (Profit * 0.80 ) / 801085.00000000 = payout per BCF.
20% is taken of montly profit as performance fees when fund performs above 20% else 10% will be taken. The remainder is distributed back to the investors.

You can calculate what you would earn with your BCF and also how many profit is needed to get a certain amount of profit sharing by entering the numbers below and press "Calculate".

Profit BCF makes in a month $
Amount BCF you own  
Total dividend you are aming for in a month$
Display currency  

BCF current trading period

Fund start in September : $9,051,457.00
Current fundsize : $9,254,790.00

Latest update:


Update - 20th Sept , 2018

The NaV of the fund as of today stands at $9,254,790 up by 2.24% for the month.

Had added more shorts when BTC broke down yesterday, but when it spiked up, there was an additional loss on the short positions open.

The fund currently doesn’t have any positions open as the direction remains undecided.
Updates are taken from Rohans Crypto Update Telegram channel (updated on Monday and Thursday)

Return of investment


Current total profit this month: $203,333.00.
Related to fund at the beginning of this month ($9,051,457.00) Profit margin 2.25%
Related to fund since yesterday ($9,278,648.00) Profit margin -0.26000000000001%
Related to fund after ICO closed ($583,814.00) Profit margin 34.83%

Current BCF Fund size


Total fund at the moment BCF NaV per token 5000 BCF  
9,254,790.00USD11.55281899USD57,764.09494623USD
7,989,623.19EUR9.97350242EUR49,867.51211070EUR
38,876.87ETH0.04853026ETH242.65131187ETH
1,380.80BTC0.00172366BTC8.61829279BTC


Current profit ( $203,333.00 ) related to next dividend payouts


Based on current profit, this is what we will receive at next pay outs:

BCF dividend with $203,333.00 profit
1 BCF250 BCF2000 BCF5000 BCF
0.22843980USD57.10995088USD456.87960703USD1,142.19901758USD
0.19721117EUR49.30279215EUR394.42233723EUR986.05584308EUR
0.00095961ETH0.23990343ETH1.91922744ETH4.79806860ETH
0.00003408BTC0.00852070BTC0.06816557BTC0.17041391BTC
0.40012151XRP100.03037675XRP800.24301400XRP2,000.60753501XRP
0.00379606LTC0.94901441LTC7.59211526LTC18.98028814LTC
0.00112274DASH0.28068430DASH2.24547437DASH5.61368593DASH
0.01217386NEO3.04346625NEO24.34772997NEO60.86932493NEO
0.01823434BCF4.55858484BCF36.46867872BCF91.17169681BCF

To get a $1000 monthly dividend you need 4,378 BCF tokens with $203,333.00 profit.
With 5000 BCF profit needs to be $178,018.89 to get a $1000 monthly dividend.
BCF Yields
Dividend yields are the ratio between annual payment(s) and price.

Indicated Annual Yield last dividend ($0.253957 per BCF)
The indicated annual yield is the ratio between annual dividend and token price.
((last div * annual payments) / price) x 100%
Indicated yield with dividend day price ($11.58):26.314158%
Indicated yield with current price ($12.53): 24.325414%
Indicated yield with ico price ($4.64): 65.678617%
 
Average Annual Yield ($1.340078 per BCF)
The average annual yield is the ratio between the dividend average of last 12 months and token price.
((avg dividend * annual payments) / token price) x 100%
Average yield with dividend day price ($11.58): 138.854104%
Average yield with current price ($12.53): 128.359932%
Average yield with ico price ($4.64): 346.571817%

What does a 24.33% yield mean? Simple you need 100 / 24.33 = 4 years and 2 months with the same dividend to earn your investement back if you buy the tokens now with current price. The higher the yield the faster you earn back your investement.
BCF fund progress past 35 days
 
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BCF Performance vs BTC, ETH, XRP, LTC, DASH and NEO

Would you have done better investing in the big crypto coins instead of buying BCF?
Table below gives an overview if you had the choice to invest $1000 at the ICO ending or any given day.

Crypto Open price Nr coins for $1000 Current price Current $ value percentage%
BTC$8,789.04000.1138$6,702.4986$762.5973-23.74%
DASH$641.46001.5589$203.4669$317.1934-68.28%
ETH$465.97002.1461$238.0539$510.8782-48.91%
LTC$88.940011.2435$60.1782$676.6154-32.34%
NEO$38.040026.2881$18.7648$493.2905-50.67%
XRP$0.25293,953.9132$0.5709$2,257.3922125.74%
BCF ICO price$4.6400215.5172$12.5280$5,299.2886*429.93%
* Dividend included (Value BCF + total dividend)
If you want to compare BCF prices form a specific date, just select one and click the 'Performance' button
   

BCF future roadmap

Running the fund currently is mainly to build the trust and relations to migrate slowly to a legal fund structure.

The fund is working into setting up a legalized fund in Singapore. Paperwork already in progress. This legal fund will also trade forex, stocks and commodities. Legal fund planned to start around May 2018, but June is more likely at the moment. It is also still unclear if there will be a new investment round when legal fund will start but it will not happen before September 2018. June 14th 2018: The fund will continue to operate as it is until legal clarity on crypto in different jurisdictions.

The legal fund plans to generate hedged risk-adjusted monthly returns for the investors and plans on being one of the leading crypto funds in future with a total fund size over 100 million in a few years.

Transfering BCF from and to ForkDelta

If you send BCF to a wallet without BCF or clear out a wallet you need around 400,000 gaslimit. This is beyond ForkDeltas 250,000 limit If you want to send them to or from Etherdelta / Forkdelta you need to interact with the Etherdelta smart contract through MyEtherWallet. In this article you can read how. Go the the "Withdraw the hard way" and "Deposit the hard way" paragraphs.

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Upcoming BCF Payout

Sunday September 30th 2018

If you hold RCF in any erc-20 supported Ethereum Wallet like MyEtherWallet, Nano Ledger S, Trezor or any other (except EtherDelta) you will receive your pay out automatically.

Last 10 BCF Payouts
DateDividendIndicated Yield
Div DayPrice
2018-08-31$0.253957326.31%24.33%
2018-07-31$0.00000000.00%0.00%
2018-06-30$0.814816180.49%78.05%
2018-06-06$1.3645015129.89%130.70%
2018-04-30$1.1525619111.59%110.40%
2018-04-04$2.8813422232.93%275.99%
2018-02-28$1.3454619121.77%128.88%
2018-01-30$1.6590000166.23%158.91%
2017-12-26$2.5890583282.95%247.99%
 
Lifetime dividend in USD per BCF.
Total$12.060699246472
Average$1.340077694052
 
Lifetime dividend in ETH per BCF.
Total$0.019821175657
Average$0.002202352851
 
USD value if you kept dividend in ETH
Total$4.71850848
Average$0.52427872

Lifetime Profit: $7,587,997.00

Fundsize at start new period $9,051,457.00
BCF ICO and token details

WhitepaperWhitepaper
Ico started2017-11-21
Ico ended2017-11-26
Ico Price100 RFC for 1 ETH
Ico Price$4.64000000
Ico NAV$4.64000000
Ico BTC0.01000000 BTC
Total Raised
1st ICO 1,295.05 ETH ($583,814) was raised: $4.64 NAV when trading started.
2nd ICO 2,018.64 ETH ($1,736,030.40) was raised: $7.83 NAV. Fund started with $2,757,059.40 when trading started.
3rd ICO 2,607.80 ETH ($2,190,552) was raised: $11.42 NAV. Fund size after 3rd round was $6,151,138 when trading started.
In July 2018 XRCF funds where merged with BCF resulting in a fundsize of $9,078,457 and an increase in BCF tokens from 549578 to 801,085
Totalsupply801,085.0000
Circulatingsupply801,085.0000
Payout currencyEthereum
BlockchainEthereum
TokentypeERC-20
TickerBCF
Decimals4
Contractadres
0x739a3c89ee7827a6e49cc0bfca8dab228b4d0bf3

BCF related links

EtherscanToken Holders
Telegram Martket TalkRohans Market Talk
Telegram NewsfeedRohans Crypto Updates

Rating: 3.4/5 (199 stemmen)

BCF market value
Current BCF price:$12.52800000
In ETH: 0.05262673 ETH
In BTC: 0.00186915 BTC
1 ETH: 19.00174934 BCF
1 BTC: 535.00148104 BCF

BCF Markets

EtherdeltaBCF-ETH
ForkDeltaBCF-ETH

Donations


Any beer / donation is appreciated, thx!
BTC:
3Hc6PFL6yctFG15HQ5EekBNykkgzyoRabr

ETH or any ERC-20 tokens:
0x3279fd991AA42a1759bef80b1C3202EE985668d3

If you want to donate any other coin. Contact me. I'm sure I have a wallet somewhere.
Reactions on Borgias Capital Fund
Polo wrote:
mei 16th 2018 17:15
waardering: 3.0/5Rating: 3.0
Wow, those results are impressive. I wish that single trader good health because if anything bad happend to him, this fund would be in big trouble
LocktotheMOON wrote:
maart 2nd 2018 14:29
waardering: 5.0/5Rating: 5.0
Hi Guys, love the fund. Been reading about it for a while. Just entered the XRFC on time. If there is anyone who is willing to sell a small amount of RFC to me, please let me know.

Greetings !

Paul wrote:
februari 25th 2018 23:57
waardering: 5.0/5Rating: 5.0
Fantastic fund and community, second to none on both counts in crypto.

Not only are returns impressive but I have learned a lot too.

Chiel wrote:
januari 7th 2018 01:51
waardering: 5.0/5Rating: 5.0
Best investment I made. Only thing I did wrong initially, not investing more.

Thanks to Estonian for inviting me in a very early stage and props for Joelle for putting this site together. A site where one can find some true crypto space pearls.

Thumbs up

Tomo wrote:
januari 4th 2018 15:51
waardering: 5.0/5Rating: 5.0
By far the best crypto fund I know. The ability to generate profits on both bullish and bearish markets is outstanding.
Yash Jaiswal wrote:
december 27th 2017 05:20
waardering: 5.0/5Rating: 5.0
Best crypto trading fund.
Estandar wrote:
december 23rd 2017 11:05
waardering: 5.0/5Rating: 5.0
One of my better investments for the year, amazing risk adjusted returns, and handled the crash extremely well.
Disciplined hands at the wheel.
The numbers speak for themselves.

Olusola Fajobi wrote:
december 16th 2017 04:47
waardering: 5.0/5Rating: 5.0
Those is really cool.
Great job man.

 
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