Q: What is the investment target?
A: SuperWeb3 Alpha LLP will invest in Offshore. Offshore is a Silicon Valley-based blockchain infrastrasture start-up, founded by Matt Ye and Fan Sang. They are building an omnichain MOVE execution layer backed by shared security and data availability. The company received an investment from Binance Labs in Oct, 2022. Check it out!
Q: Where can I see the fundraising deck and whitepaper?
Q: What is the form of investment available right now?
A: . To provide access to such a valuable investment opportunity for more investors, SuperWeb3 has formed a UK-domiciled special purpose vehicle (SPV) to invest only in Offshore in the form of a SAFE (simple agreement for future equity) agreement. In order to participate, you will be buying partnership interests in this SPV. A summary of terms for this SPV can be found here. Mininum amount to invest per investor is $10,000 USD. The SPV charges a one-time upfront fee of 7.39% that covers its entire duration and 20% carried interest (profit cut) upon investment exit.
Q: How do I buy partnership interests in this SPV?
INVEST IN FIAT
You should click on this link to sign an investment agreement. In the process, you need to provide KYC information. We provide a step-by-step guide here if you have questions in the process. After signing and submitting an application, you should wait to be approved. Upon approval, you can transfer your investment amount in fiat currency to this bank account.
INVEST IN CRYPTO
If, for some reason, you are not able to either complete the KYC process or transfer fiat to the bank account of the SPV, you may choose to entrust SuperWeb3 with your investment by signing a share entrustment agreement. Please provide your email address to Spencer Fan (WhatsApp: +8618614061906 or Telegram @daphne_superweb3) and specify an amount of USDT you want to invest. We will email you a DocuSign link. Upon signing the share entrustment agreement over DocuSign, you may transfer your investment amount in USDT to this ERC-20 address:
After making the transfer of fiat currency or USDT, please inform Spencer Fan at firstname.lastname@example.org in writing and provide your Telegram username or WhatsApp phone number so that we can contact you to verify the details.
Q: If tokens are issued to investors in the future, will I receive the tokens or will the SPV sell the tokens it receives on all investors’ behalf and distribute the sale proceeds to investors?
A: SuperWeb3, as organizer of the SPV, will distribute the tokens to partnership interest holders. Wallet addresses of partnership interest holders will be collected at a later stage. If certain partnership interest holders are not responsive within a reasonable timeframe to provide wallet addresses, SuperWeb3 may sell their tokens at its discretion and hold the sale proceeds on investors’ behalf.
Q: What is the exit strategy for this investment?
A: SuperWeb3, as organizer of the SPV, will excercise its best judgment to find an optimal exit opportunity and return the proceeds to partnership holders in due course.
Q: If I buy the partnership interest now, am I allowed to transfer my stake to another person in the future?
A: Partnership interest transfer is subject to approval from SuperWeb3. We will evaluate each case on its own merit when such situation arises in the future.