funds Web3 fund

Web3 fund

Fund Objective

Numeri’s Web3 Fund is an investment fund that offers investors exposure to an entirely new frontier in digital art and culture. The Fund invests in non-fungible tokens; which are digital tokens that represent proof of ownership of an asset, and seeks to hold of a mix of the most valuable and well established NFT collections and digital art in the Arts and Collectibles sub-sector, in a manner that is consistent with the Fund’s investment strategy.

Target Returns:

15%

Term:

3 years

Offering Size:

$300m

Status

Open

Remaining

98%

Fund Strategy

The Fund seeks to invest in assets that Numeri believes are capable of accruing value due to their underlying utility. It will invest in and hold different NFT collections, primarily those on the Ethereum blockchain. It will also invest in teams and projects building for the next generation of the internet, particularly those with a viable roadmap.

The Fund will be managed by Numeri’s world class portfolio management team, who will oversee all aspects of decision making as regards what assets are ultimately held and invested in. The Fund will seek to hold at least 60% of its total net asset value in NFT collections and digital collectibles that have demonstrated their ability to deliver on their roadmap, provide users with utility and attract demand regardless of underlying market conditions. Each project or NFT to be invested in must first be assessed in a holistic manner by Numeri before any decision is made.

Our Strategy for the Fund is underpinned by our belief that blockchain technology has redefined the concept of digital asset ownership, and thus has ushered in the next phase of web technology— one that empowers creators and participants over corporations. The digital collectibles space will continue to remain valuable and grow exponentially.

The Fund seeks to invest in assets with a much lower risk and volatility profile than the majority of crypto assets, in order to ensure long term capital appreciation and wealth preservation. It does this by at least 60% of its portfolio to a mix of collateralised stablecoins which are pegged 1:1 to the dollar, and then another portion of it to a basket of quality base layer protocol assets secured by Proof of Stake consensus mechanism— assets which must demonstrate the potential to retain value and deliver sustainable yields in the long term, in a manner that is consistent with the Fund’s investment strategy.

Fund details

Inception Date

Oct, 2022

Minimum Investment

$100,000.00

Investor Type

Accredited Only

Redemptions

Quarterly, 7 days' notice

Management Fee

2%

Performance Fee

20%

IRA Eligibility

No

Term

3 years

Target Return

15%

Lock-Up

90 days

Key Information

Premise

Essentials

Please refer to the Private Placement Memorandum in the Documents section for more details about this Fund.

Long term investment horizon
  • The Fund is expected to invest broadly in all kinds of cryptoassets, some of which it may hold for an extended period of time.
  • The Fund has a term of 5 years. It is anticipated that Numeri will liquidate 50% of its investment in year 4, with the remainder liquidated in year 5 - however, Numeri in its sole discretion may extend or accelerate the Fund’s liquidation, or delay it till the 5th year. Numeri Capital believes that gradual liquidation should reduce market timing risk.
Returns and cash flows

How do I get paid?

  • The Fund expects to provide investors with a target net return of 15%.
  • Numeri expects to liquidate half of their investments by year 3 and the second half of the investment in year 4 (or, year 5, if necessary). Numeri may also fulfil quarterly redemption requests, as per its investment terms.
  • After an initial investment, the Fund will deduct a portion of or all of its management fees....see more
Strong fund and digital asset compliance infrastructure
  • Assets are stored by Numeri on Binance and other SOC-1 compliant digital asset storage providers, thus offering what is expected to be a high level of security.
  • For any transaction, stringent security protocols are followed, including geo verification, ID verification and video verification.
  • Numeri actively monitors and and tracks suspicious movements in coins/tokens prices and ut...see more

Disclosure

Past performance is no guarantee of future results. Investing in cryptocurrency is highly speculative, and the market is largely unregulated. The returns stated are targets, not guaranteed profits

This offering page describes only certain aspects of the Blockchain Fund managed by Numeri Capital Management LLC (the “Fund”). The Offering is made to accredited investors and qualified purchasers only by means of the Private Placement Memorandum dated April 1, 2022 relating to the Offering (the "PPM"); and nothing in this page should be considered an offer, or be construed as anything other than a description of the offering. The information on this offering page is a summary of the Offering. It does not purport to be complete and should not be considered a part of the PPM, or as incorporated in the PPM by reference or as forming the basis of the Offering. No person has been authorized to give any information or to make any representations other than those contained in the PPM or in any marketing or sales literature issued by the Fund or Numeri Capital Management LLC, as adviser thereto, and referred to in the PPM, and, if given or made, such information or representations must not be relied upon. All investors must read the PPM in its entirety prior to investing in the Fund.

Fund Documents

Apply and receive our comprehensive Fund document in your email.

Request for Fund Documents
Strong fund and digital asset compliance infrastructure
  • Assets are stored by Numeri on Binance and other SOC-1 compliant digital asset storage providers, thus offering what is expected to be a high level of security.
  • For any transaction, stringent security protocols are followed, including geo verification, ID verification and video verification.
  • Numeri actively monitors and tracks suspicious movements in coins/tokens prices and utilizes separate servers for their company and the assets of the funds.
  • Numeri primarily uses cold wallets to store their tokens. Coins not supported by centralized exchanges are kept by Numeri in self-custody in a cold wallet where possible, keeping the keys to the crypto offline, except during the transaction process.
  • Numeri maintains cybersecurity and litigation insurance policies. Any Custodians used by Numeri also has asset level insurances.
Returns and cash flows

How do I get paid?

  • The Fund expects to provide investors with a target net return of 15%.
  • Numeri expects to liquidate half of their investments by year 3 and the second half of the investment in year 4 (or, year 5, if necessary). Numeri may also fulfil quarterly redemption requests, as per its investment terms.
  • After an initial investment, the Fund will deduct a portion of or all of its management fees. As target returns are received by the Fund from the Blockchain Fund Strategy, Numeri’s management fees and fund expenses will be deducted first, and then capital contributions will be returned to investors. Next, the remaining proceeds are paid to investors up to a 15% return (Investor Preferred Return) on invested capital. Additional remaining proceeds are paid to Numeri until it has received an amount equal to 10% of proceeds distributed to investors (net of capital contributions), and then all remaining proceeds (Profit Sharing) are split between investors (80%) and Numeri (20%). Please also refer to the Private Placement Memorandum for additional details regarding the Fund’s prioritization of distributable proceeds

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