Hackspace Capital——Investing in the future for a better world

Hackspace Capital is a fund established in 2017. The fund provides multi-level support to startups, such as administrative procedures, legal support, business consulting, coordination and supervision of project cycles, marketing with the help of partner companies, research and development, scientific research, engineering development and preparation for mass production.
Currently, the fund's investment portfolio includes dozens of hardware startups, including innovative energy generators, smart cups, air conditioners, sleeping cabins, smart babies, drones, powered exoskeletons, and a variety of other product manufacturers. Hackspace Capital's mission is to promote the establishment and further development of an international engineering ecosystem. It will include a variety of creative development professional institutions, including maker spaces, universities, and engineering centers around the world.
The fund is also an online platform or online store where people can obtain products and services created and provided by startups supported by the fund. HAC token buyers will have the right to purchase products and services of companies related to the Hackspace network with tokens at a price 20% lower than the market price on the Hackspace platform for a long time in the first three months of the official listing. In addition, Hackspace Capital pays special attention to relying on successful ideas and technologies to make human life better.

An important factor in the fund's success is its continuous incubation of cutting-edge technology products.
Hackspace Capital is able to work so effectively thanks to a partnership agreement with EnCata, a regional leader in hardware startup catalysis, which gives Hackspace Capital exclusive access to Encata’s projects.
Encata, founder of which Oleg Kondrashov was awarded the 2016 Minsk “Person of the Year for Industrial Innovation” award, employs nearly 200 developers, designers and manufacturing engineers to take the most promising hardware startups from the “good idea” stage to companies with complete 3D designs, production files, bill of materials and fully functional prototypes ready for mass production. EnCata brings together all the necessary equipment in one place, including a design office, a project office, its own production managers and consultants, an amazing world-class R&D facility and a range of industrial machinery for industrial prototyping. What makes EnCata special is that it provides a fully integrated “one-stop-shop” service for technology entrepreneurs to help them develop the most attractive and efficient products possible, saving them time and money and avoiding the pain of multiple outsourcing.

EnCata is an international company with offices in different regions of the world. Its branches are located in Australia, Canada, Russia, Estonia, Oman, Lithuania, Czech Republic and Israel. In the next 6 to 9 months, it will also open new offices in Belgium and the United States. According to the characteristics of each region, EnCata has established branches such as sales offices, development centers or R&D centers.
EnCata's R&D centers are its core, where engineers develop new designs and build sophisticated prototypes. All of the company's organizations work with LEAN principles and the Toyota Production System (TPS). This helps to effectively manage the entire product life cycle and reduce the loss caused by information exchange between different departments. The condition for obtaining support from EnCata is that the startup founders and management team must work closely together for 3 to 6 months, which is very critical for Hackspace Capital. This level of cooperation allows Hackspace Capital and EnCata to evaluate the professionalism of a new company, which is also an important factor for the success of any startup.

Since January 2017, EnCata has started operating 20 projects, 5 of which have entered the final stage. EnCata will be the company's choice for incubators or entrepreneurs who need high-quality and reliable engineering catalysts to move their projects from the early stages of technology maturity to the stage of mass production (i.e., technology maturity level 9).
When a startup reaches Maturity Level 8, led by EnCata, it will need to raise a seed round of funding and bring its first batch of mass-produced products to market. The required capital typically ranges from $500,000 to $2 million. At this stage, EnCata will identify the absolute best products and management teams and refer them to Hackspace Capital, a potential source of capital. With the assistance of EnCata, Hackspace Capital will then conduct a thorough review of the startup's product, market, management team and capabilities. In addition to providing seed funding for mass production, Hackspace Capital will also help the startup brand its product, create unique photo and video content, plan a "shock launch" marketing campaign for the product in international markets, create and implement potential crowdfunding campaigns (for market evaluation and analysis), conduct extensive media publicity, and directly promote the product in traditional and digital media.

As part of the investment agreement, HAC token holders (who enjoy 20% less than the advertised price) will have priority access to the first batch of products. In traditional Kickstarter promotions, buyers need to pay a prepayment before the product is fully developed in order to get the product first. Unlike this, HAC token holders can enjoy the right to get the first batch of products without taking the risk of losing money due to product development failure. HAC tokens can only be used to purchase actual products or services introduced by the fund platform.
Hackspace Capital plans to conduct its first fundraising to achieve the above process through an initial token sale. HAC token buyers will have the right to purchase products and services of companies related to the Hackspace network with tokens on the fund platform at a price 20% lower than the market price for a long time.

HAC token holders can also freely purchase other encrypted or legal currencies with tokens in liquid transactions, or sell HAC tokens to buyers interested in obtaining fund products and services through the fund platform. Hackspace Capital believes that the conditions for obtaining fund products and services at a 20% discount will definitely provide HAC token sellers with a highly liquid environment and a solid global demand foundation, because their products and services are at the core of technological development.
On September 19, 2017, 51% of the tokens will be sold publicly under the code name HAC. 29% of all tokens will be allocated to existing and future projects of the fund. 5% of HAC tokens will be given to advisors and mentors, and will also be used for bonuses and other marketing activities. Finally, in order to meet long-term interests, 15% of the tokens will be reserved for the founders and employees of Hackspace Capital.

Hackspace Capital believes that investors are their future. Hackspace Capital's mission is to create the best conditions for young investors around the world. Its wish is to give every outstanding investor all the necessary resources and the opportunity to turn their ideas into reality as quickly and efficiently as possible. Maybe one of them will not only improve their own lives, but also change the world. Hackspace Capital's goal is to build the world's best engineering ecosystem, which has the fastest and most organized mechanism to move products from the "idea stage" to large-scale production.
Hackspace Capital also believes that blockchain technology and cryptocurrency are the future of trading. Because of this, Hackspace Capital has created its own online platform that allows holders to purchase the products and services of their startups with HAC tokens. Based on Hackspace Capital's foreseeable growth and the number of their current and future startups, they expect HAC tokens to become a convenient and liquid currency that will accelerate the development of creative products.

Besides, buying HAC is a profitable investment. The fund's currency is solidified by continuous development, and their expectations are based on actual products. Hackspace Capital plans to add 30 projects per year. This will continuously increase the value of its companies, thereby increasing the value of the HAC currency.
Invest in the future and make the world a better place.
For more information on investing in the future, please visit Hackspace Capital at www.hackspace.capital or contact us at [email protected].
Hackspace Capital Team:
Mikhail Zhyvets

Mikhail holds a degree in Systems Engineering from the Belarusian State University of Informatics and Radioelectronics. Mikhail has worked in the game development industry for over 12 years as an engineer, company founder and executive manager. His most famous game, World of Tanks, has grossed over $1 billion and is one of the top five free online games in the world.
Oleg Kondrashov

Bachelor’s degree in Physics and Mathematics from the Belarusian State University. Serial entrepreneur. CEO and founder of ENCATA, a leader in the field of engineering catalysis in the CIS. Founder and CEO of BDC Aviation, BDC Holding and BDC, ALC. An expert in the field of streamlined management and production, Mr. Kondrashov frequently speaks at international seminars and conferences on the subject of innovative technologies. He was awarded the Minsk “Person of the Year 2016 for Industrial Innovation”.
Michael Tavis

Michael Tavis is an American who received his undergraduate and master's degrees from Dartmouth College and Princeton University, respectively. He was previously an investment banker at Citibank and managing director of a $340 million Russian-American enterprise fund. Prior to joining Hackspace Capital, Mr. Tavis founded, invested in, and managed a series of Eastern European start-up manufacturing companies.
Dr. Petr Dudin

Peter received his undergraduate and master's degrees in chemistry from the Belarusian State University and a PhD in Nanotechnology from the University of Warwick in the UK. Peter has worked in management consulting and as an analyst for a private equity fund, responsible for a $50 million portfolio. In 2015, Peter joined EnCata as a partner to implement his vision of catalyzing high-tech ideas into marketable products.
Petr Sidelnikov

Peter graduated from the Belarusian State University of Economics (BSEU). Peter has 14 years of experience in the financial sector. The first 8 years were spent at the Monetary Management Committee of the largest bank in Belarus, and the next 6 years he worked as the Chief Financial Analyst at WARGAMING, the game company that produces games such as World of Tanks, World of Warplanes and World of Warships.
Fedor Mukin

Fei Duo is a well-known developer and investor with more than 15 years of experience in the game development industry. Fei Duo was the CEO of ARISE Game Studio, which first started the development of the "World of Tanks" game (the game still holds the Guinness record for the most players online on a MOG server at the same time). Under Fei Duo's management, ARISE Studio was successfully acquired by WARGAMING Game Company.
Michael Vaga

Michael is considered by many to be a tech startup wizard, an investor and founder of HandEnergy, a startup that raised over $120,000 in a Kickstarter campaign and has been featured in The Telegraph, BBC, Mashable and other media. Michael is an accomplished full-stack software programmer, design engineer and marketing guru.