GCR Deals – FAQ
If you are part of the GCR Discord member community, and you are interested in participating in deals led by us or brought forth by GCR, checkout the FAQ below.
What are GCR deals?
GCR deals is a unique offering of the GCR membership. When holding a set number of $GCR tokens, members are able to get access to all sorts of deals sourced by the GCR team and the community. To get access, hold the mandated number of tokens for the Tier that you’ve like and go to 4of5-membership-info.
What are some stats you’ve generated in terms of investing?
Take a look at the recent stats here, these numbers are always going up!
In 2021, we did a recap at year-end on the investments and returns from the DAO. Read here
How are you different from an investment DAO?
Unlike how a typical investment DAO operates, where members vote with pooled capital and the group goes with the majority decision, holding $GCR tokens gives every member the flexibility and choice of investing into any single deal that they want to participate in.
How do the GCR deals work?
Generally, the team or someone in the community knows the management of the organization and are able to secure an allocation.
Alternatively, we partner with an external party that has access to these allocations and bring them to our community.
What kind of investment deals do you do?
Here are the types of deals we’ve done:
- seed round opportunities in the forms of SAFT/SAFE+token warrant/SAFE
- mid-stage growth companies
- pre-IPO and growth equity investments
Industries we’ve done these deals in:
- Cryptocurrency and blockchain (i.e. Maple Finance, Coinvise, Aurora etc)
- Biotech (Gilgamesh, Dutchie, etc)
- Space travel (SpaceX)
- AI (Rain AI)
What are the general steps to investing with GCR?
Become a Gold and Gold Pro member, and follow our Discord channel in deal-announcements and keep an eye out for new deals.
On a weekly basis, the GCR community holds direct calls with the project management. Become a Gold and Gold pro member and join the calls directly with founders. Go to 4of5-membership-info to learn more.
Alternatively, when there is no management call, GCR will share written notes and project details in the Discord.
Once you are good to invest, indicate your desired allocation in the interest form (typically the minimum check size is $5,000 USD, we do make exceptions for members who are active contributors in the community)
You will receive follow-up instructions on wiring and funding. For crypto deals, wiring and funding will typically be in USDC. For non-crypto deals, it typically will be in USD.
What are the fees and structure involved with participating in these deals?
Fees and structure vary a lot by the deal. Here are some of the different setups we’ve done in the past:
- Introduce the community directly to the founder to invest in the deal directly
- Invest collectively under a GCR organized vehicle
- Invest collectively under a GCR partner vehicle
- Fees vary by the deal and also depend on performance, so the carry can range from 0-25%. Note that for carry calculation, GCR carry retains a % of the tokens based on the EXIT VALUE of the investment. There are also operation fees (gas fees, k1 docs, KYC) involved which will depend on the deal and will be split amongst the participating investors.
What happens after I make my investments?
GCR keeps the community updated on their investment in the specific deal thread channels. When the time comes for distribution, investors will be emailed individually to receive their distributions.
Let us know if you have other questions!
What kind of legal documentation is required?
For every investor who invests with GCR, we require you to fill out an accredited investor questionnaire, a KYC form, and a tax form (W8/W9). This applies to ALL members and is mandatory, for US-based or international investors. To ask further questions about this, please go to our Discord and ask for support.