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Basics
Learn about our first product—Web3 Investment Clubs—and what they can do for you.
An investment club is a legal structure that allows a group of people to pool their capital and make investments together.
- Up to 99 members (individuals)
- All members must actively participate in investment decisions
- No performance fees (a.k.a carry)
- No public solicitation
- Must not make, nor propose to make, a public offering of its securities
- If investing in startup equity, members must be accredited
- No transferability
- Responsible for following laws and tax obligations
A Web3 Investment Club is a group of people who pool their capital and make investments together in Web3 assets (e.g., ERC20s, NFTs, Web3 startups).
Every investment club on Syndicate has two types of members: admins and members. The admin is the individual (or group of people) who creates the investment club—they manage the club's wallet as well as the club's settings and members. Members are participants in the club who contribute funds and help make decisions on investments.
When admins create an investment club on Syndicate, they will need to connect a Web3 wallet (or Gnosis multi-sig). The wallet holds the investment club's funds, and Syndicate's smart contracts help manage the deposits, distributions, cap table, investment portfolio, and more of the club.
Each member of the investment club will also need a Web3 wallet (e.g., MetaMask) to (1) deposit funds into an investment club and (2) hold the ERC-20s that represent their ownership stake in a particular investment club. To clarify (2), every Investment Club will receive their own ERC-20 Club Token that is minted to represent each member's stake in the club. After making a deposit, members will receive a proportional amount of ERC-20s.
Syndicate's investment club dashboard is used to view and manage deposits, members, investments, and more. In the months and years ahead, Syndicate will be adding new Web3-native features, tools, and integrations to expand the capability range of investment clubs on Syndicate.
Last modified 17d ago