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About

Noble Ant is the biggest and most innovative blockchain accelerator whose main focus is investing in early-stage blockchain startups.

Noble Ant is designed to help blockchain startups develop into more mature organizations. Noble Ant offers financial support, education programs, advisory support, and access to its community and infrastructure to promising selected startups.

 

Executive Summary

While blockchain technology is becoming bigger, it’s getting harder for blockchain enthusiasts to launch successful crypto startups.

As ICOs became highly regulated and legal fees associated with crypto activities became unbearable, many blockchain enthusiasts found themselves unable to kickstart their creative ideas.

In addition to financial struggles, young entrepreneurs face difficulties with regards to team building, management, marketing, and so on.

Accelerators such as Y Combinator and 500 Startups contribute to about 3% of all applications and their focus still predominantly falls on non-blockchain projects. Crypto accelerators such as Waves and NEM are limited to their local infrastructures and thus do not work well for all types of crypto projects.

While it’s hard to define the actual number of crypto-startups that have been launched on a yearly basis, according to a Deloitte report, out of 86,034 projects on the GitHub network (including 26,885 new projects in 2016), only 8% of the projects are actively maintained.

Noble Ant aims to increase the percentage of successful blockchain startups and lower the number of investors who lose their money. Noble Ant is a quality filter when it comes to investments associated with blockchain startups. Contributors who invest in Noble Ant tokens (NANT) can obtain a unique opportunity to participate in Demo Day with Noble Ant’s selected startups.

Market Overview

Due to the relative newness of blockchain, many of its potential applications still have yet to be developed, and there is a promising future for investment in blockchain-based startups.

Market Size:

Blockchain technology holds promising developments in the near future. According to a report by Grand View Research, Inc., the global blockchain technology market size is expected to reach $7.59 billion by 2024. Different industries that are forecasted to increase demand for this technology include financial services, consumer or industrial products, technology, media and telecom, healthcare, transportation, and public sectors.

Although there is a struggle with regulatory concerns, more industries are showing interest in investment opportunities.

Industries Disrupted by Blockchain Technology:

According to Inc.com, blockchain will disrupt at least 9 big industries by 2021. The banking, real estate, healthcare, legal, cryptocurrency exchange, politics, startup, video, and education industries will need to adapt or be replaced.

Invest in Blockchain predicts 24 different categories to be disrupted by blockchain technology. Financial services, publishing, real estate, healthcare, music, supply chain management, government, Internet of Things (IoT), cloud computing/distributed computing, insurance, charity, blockchain-as-a-service, messaging, digital identity management, digital advertising, credit forecasting/trading, energy, job marketplaces, fishing, hedge funds, ride sharing, cryptocurrency exchanges, and human resources/recruitment are predicted to be disrupted by blockchain technology.

While sources vary in the number of industries projected to be disrupted, all sources seem to agree that a large number of the existing industries have the potential to be disrupted by blockchain.

Existing Problem:

There is no predominantly active blockchain solution present in Silicon Valley at the moment to protect investors from losing their money in blockchain ventures. Even though public interest in blockchain has increased, according to a Deloitte report, out of 86,034 projects on the GitHub network, only 8% of the projects are actively maintained. In addition, according to a Harvard Business School article, 30-40% of venture-backed startups liquidate all assets, with investors losing most or all the money they put into the company. 70-80% of these startups fail to see the projected return on investment. 90-95% of these startups fall short of meeting their declared projections.

The failures of these startups results in cryptoholders losing their money after investing in some ICOs. According to a survey done by Bitcoin.com for 2017 ICOs, out of 902 crowdsales that were tracked by TokenData, an ICO tracker: 142 failed at the funding stage, and 276 failed after fundraising, bringing it to 46% of ICOs that have already failed. Including another 113 ICOs that “semi-failed,” i.e. went off the radar or their community disappeared, the failure rate jumps to 59%, with $233M in total funding of failed projects in 2017.

Noble Ant is going to change that by accelerating eligible blockchain-based startups. By investing in Noble Ant tokens (NANT), crypto holders will ultimately be investing in helping accelerate successful startups in the crypto space.

Value Proposition

Noble Ant Accelerator Program:

Noble Ant expects to be the biggest and the most innovative blockchain startup accelerator in Silicon Valley, which will finance the most promising blockchain startups and convert them into mature and competitive businesses.

To ensure successful acceleration, Noble Ant will develop programs for each participant on a customized basis and connect select startups with top mentors. Startups that choose to join Noble Ant will obtain access to its data and tools, customer network, investor circle, and more.

Demo Day:

In addition to its custom programs, legal support, infrastructure, and publicity, Noble Ant will offer “Demo Days” to its startups. The Noble Ant token (NANT) holders can use their tokens to gain “Demo Day” access to view Noble Ant accelerator graduates that have high chances to succeed.

Price of Demo Day Seat:

The price of a Demo Day seat will be 1 Noble Ant token (NANT).

***The initial price is 1 Noble Ant token (NANT). However, the price (in NANT) may increase depending on the demand.

How it works:

Every Noble Ant token (NANT) holder can exercise his/her NANT to obtain a virtual seat during Demo Day.

Each blockchain startup selected for Demo Day will pitch on Demo Day during the minutes allocated to that startup. At the end of their pitch, each startup will offer a proposal. You, as the token holder who exercised your NANT token for a virtual seat, can watch from your own computer at home and participate in the process directly with that startup. As a NANT is to be used for the purposes of Demo Day seat participation, following the startup’s pitch, you can contact and partner with the startup directly. Noble Ant will not involved in your direct partnership.

This is limited to the participants who have purchased the Noble Ant token (NANT). The NANT guarantees you a Demo Day seat so that you can access Demo Day to the startups that took part in the accelerator program.

Team:

Our team consists of top experts in Silicon Valley. Our strong backgrounds in blockchain/crypto, business development, marketing, operations, and legal fields make us highly qualified for filtering through the applicants.

Competitors

Current competitors in the landscape are listed below. These accelerators are limited to specific types of projects that are oftentimes not blockchain-focused.

There is no absolute leader among crypto accelerators. Noble Ant aims to be the most influential crypto accelerator and dominate the crypto world by accelerating startups every year.

➤ As of summer of 2017, Y Combinator had funded about 1,430 companies since 2005. According to Y Combinator, historically, between 96.5 – 97.5% of applications are rejected. Based on these numbers, over 40,000 of applicants failed to receive help from the aforementioned accelerator. In addition, Y Combinator’s primary focus is still on non-crypto projects.

➤ Founded in 2010, as of 2015, 500 Startups had invested in about 1,200 companies. Generally, 500 startups often invests in companies that have a prototype at the very least. Its primary focus is on non-crypto projects.

➤ AngelPad has launched more than 130 companies since 2010. However, its startup verticals are not specifically blockchain.

➤ Waves offers help to blockchain startups that are based on the Waves infrastructure only.

➤ Thomson Reuters Labs currently offers a 6-12-month program in the Zurich region with a primary focus in the RegTech, LegalTech, TaxTech, and NewsTech markets.

➤ NEM foundation offers support to startups built on the NEM blockchain only.

➤ Satoshi Studios focuses on blockchain startups across India and South-East Asia only.

Competitive Advantage

Noble Ant expects to be the biggest accelerator in Silicon Valley, providing blockchain startup owners with what they will need to jumpstart their company: necessary capital in exchange for up to 10% of equity, education, legal structure, community of experts in the blockchain field, connections, and additional capital in the form of the NANT supporters.

For Investors:

➤ NANT holders get unique access to the most promising blockchain startups. Noble Ant removes the bureaucracy of the type of investment model where unique investment opportunities were offered to a selected circle of VCs in the Silicon Valley.

➤ Noble Ant performs due diligence for you. No longer will you need to take high risks and lose your money by investing in multiple ICOs. Noble Ant will accelerate startups for you, so that you can invest in selected businesses.

➤ Noble Ant offers NANT holders the opportunity to view Noble Ant’s Demo Day. Using your NANT, you can take a virtual seat for Demo Day, with access to startups selected by Noble Ant.

For Startups:

➤ Unlike agencies, Noble Ant does not charge startups any fees. Instead, Noble Ant invests in startup companies and provide them with infrastructure and services, including but not limited to: business structuring, legal structuring, team building, marketing, finding additional capital, and advising on exit strategies. To help startups evolve and scale, Noble Ant charges up to 10% of each startup company’s equity.

➤ Noble Ant allocates resources to accelerate “Ants,” and not the other way around.

➤ Noble Ant provides funding to “Ants” (up to $100k).

Programs Provided

➤ Legal advice/ review of a legal concept.

➤ Technical architecture/ infrastructure review.

➤ Team-building efforts.

➤ Review of “Ant’s” business structure.

➤ Help with the determination of potential exit points.

➤ Preparation for “Demo Day.”

➤ Establishment of connections between the startups and potentially interested VCs.

➤ Help with finding additional capital and further growth opportunities.

FUNDRAISING STAGES

 

1) PRE-SALE:

DATES: August 5, 2018 at 12:00 AM PST – August 17, 2018 at 11:00 PM PST.

INCENTIVE PROGRAMS:

Referral Bounty Program (Limited to Pre-Sale).

Bonus Program.

TOTAL TOKENS OFFERED: 100,000,080 NANT (Limited to Pre-Sale).

TOKEN PRICE (PRE-SALE): To be determined by the end of Pre-Sale.

PRICE DETAILS:

The price of 1 Noble Ant token (NANT) for the pre-sale will depend on the total of all contributions, after including referrals and bonuses.

After the pre-sale, the smart contract will take the total of all contributions after including referrals and bonuses, and divide it by 100,000,080 NANT (the number of NANT distributed during the pre-sale).

After determining the price of 1 Noble Ant token, the smart contract will calculate the amount of tokens each contributor will get. All of the tokens will be distributed between the participants.

REFERRAL BOUNTY PROGRAM (LIMITED TO PRE-SALE): Each contributor will be able to get his/her unique referral link to share. If your friend uses your referral link and contributes, he/she will gain an additional 50% of the money he/she contributed in the form of NANT. In addition, you will get 50% of what your friend contributed in the form of NANT, as a reward for your marketing activities.

BONUS PROGRAM: In addition to the referral program, the first 10% of contributions will receive 10% bonus. The following 5% of contributions will receive 5% bonus.

WHITELIST: Minimum investment = $100.

*** Minimum investment = $0 if you pre-enroll before August 1, 2018.

KYC: YES.

RESTRICTED REGION: U.S., China, Korea, and other countries that fall under the restrictive regulations.

 

2) ICO/MAIN CROWDSALE:

DATES: September 18, 2018 at 12:00 AM PST – September 12, 2019 at 11:00 PM PST.

INCENTIVE PROGRAM:

Bonus Program.

TOTAL TOKENS OFFERED: 799,999,920 NANT.

NUMBER OF ROUNDS: 360.

EACH ROUND: 23 hours, starting from 12 AM PST.

TOKEN PRICE (PER ROUND): To be determined by the end of each round.

PRICE DETAILS:

The token price for each round will depend on the total investments after including bonuses that were made during each round. Each user can invest money but will not be able to find out the price of 1 Noble Ant token (NANT) until after the round. The price per NANT for each round will be determined by the total round investments after including bonuses, divided by 2,222,222 NANT (the total number of tokens offered during the round.)

BONUS PROGRAM: The first 10% of investments will receive 10% bonus. The following 5% of investments will receive 5% bonus.

WHITELIST: Minimum investment each round = $200.

KYC: Yes.

RESTRICTED REGION: U.S., China, Korea, and other countries that fall under the restrictive regulations.


Round Examples

ROUND 1

DATE: September 18, 2018 from 12:00 AM PST to 11:00 PM PST.

TOKEN PRICE: To be determined by the end of round.

TOKENS OFFERED: 2,222,222 NANT.

WHITELIST: Minimum investment = $200.

KYC: Yes.

RESTRICTED REGION: U.S., China, Korea, and other countries that fall under the restrictive regulations.

ROUND 2

DATE: September 19, 2018 from 12:00 AM PST to 11:00 PM PST.

TOKEN PRICE: To be determined by the end of round.

TOKENS OFFERED: 2,222,222 NANT.

WHITELIST: Minimum investment = $200.

KYC: Yes.

RESTRICTED REGION: U.S., China, Korea, and other countries that fall under the restrictive regulations.

ROUND 3

DATE: September 20, 2018 from 12:00 AM PST to 11:00 PM PST.

TOKEN PRICE: To be determined by the end of round.

TOKENS OFFERED: 2,222,222 NANT.

WHITELIST: Minimum investment = $200.

KYC: Yes.

RESTRICTED REGION: U.S., China, Korea, and other countries that fall under the restrictive regulations.

…And so on until Round 360.

The following rounds 4,5,6,…,360 will be issued with one round per day following Round 3, issued in 23-hour periods with each offering 2,222,222 NANT. Minimum investment for each round is $200.

Allocation of Funds

With each $100K, the company will be able to onboard 1 startup. The more money that is raised, the better the quality of its programs and the more startups will join Noble Ant.

i.e. If Noble Ant raises $2B dollars during the ICO stage, it will have enough funds to invest in up to 20,000 blockchain companies.

Token Distribution

 

PRE-SALE:

100,000,080 NANT (approximately 10% of all tokens) will be offered at the pre-sale stage for the purposes of quick acceleration.

The first early adopters will get the opportunity to invest in Noble Ant tokens (NANT) first, and thus possess 10% of all NANT.

Price will be TBD: The token price for the pre-sale will depend on the total investments after including pre-sale referrals and bonuses.

HINT: The price per NANT will have a higher denominator used for price determination in the Pre-Sale phase than during the ICO/Main Crowdsale phase (Pre-Sale denominator: 100,000,080 NANT versus ICO/Main Crowdsale denominator: 2,222,222 NANT); thus depending on the total of all contributions after including pre-sale referrals and bonuses, it may be cheaper to buy during the pre-sale phase than during the rounds of ICO/Main Crowdsale. You figure it out!

ICO/MAIN CROWDSALE:

799,999,920 NANT (approximately 80% of all NANT) will be offered to early adopters at the main crowdsale.

This number of tokens will be split evenly into 360 rounds. One 23-hour round will be issued per day from 12:00 AM PST – 11:00 PM PST. Starting on September 18, 2018 and ending on September 12, 2019, the public will have an opportunity to participate in the crowdsale of NANT (2,222,222 NANT a day). The tokens will be distributed between early adopters in 360 rounds. This is needed for fundraising purposes and the purposes of the community engagement.

Price per round will be TBD: The token price for each round will depend on the total investments after including bonuses that were made during each round. Each user can invest money, but will not be able to find out the price of 1 NANT until after the round. The price per NANT will be determined by the total round investments after including bonuses, divided by 2,222,222 NANT (the total number of tokens offered during the round).

RESERVES:

100,000,000 NANT (10% of all NANT) will be reserved by Noble Ant.

 


Roadmap

April 1, 2018 – August 4, 2018

Formation of the management team. Development of the company’s core concept. Establishment of the company’s structure. Preparation for the Pre-sale and ICO/main Crowdsale stages.

August 5, 2018 at 12:00 AM PST – August 17, 2018 at 11:00 PM PST

Pre-Sale Stage. Received the first capital from early adopters.

August 18, 2018 – September 17, 2018

Finalization of the business and legal structures. On-boarding of additional staff members and advisors.

September 18, 2018 at 12:00 AM PST – September 12, 2019 at 11:00 PM PST

ICO/Main Crowdsale Stage.

November 1, 2018 – June 30, 2019

The development of the Noble Ant technical infrastructure.

July 1, 2019 – August 30, 2019

Acceptance and review of applications. Onboarding of startups.