InvictusCapital.com Token: Investor Rewards and Platform Incentive Token

What is InvictusCapital.com Token

Hey friends! Today let’s talk about a blockchain project called InvictusCapital.com Token (ICAP for short). You can think of it as a membership points card, but this card is a bit special—it’s issued on the blockchain and is closely tied to an investment company called Invictus Capital. This company mainly invests in the cryptocurrency sector, such as managing crypto funds.

So, what’s the use of this ICAP points card? Simply put, if you’re an investor in Invictus Capital’s funds and are willing to “lock up” your fund shares for a period of time (this is called staking in the blockchain world, you can think of it as putting money in a fixed deposit), then as a reward, you’ll receive ICAP tokens. It’s like a bank giving you points—the more you deposit and the longer you lock it up, the more points you get.

The core goal of ICAP is to reward early and long-term supporters of Invictus Capital and let them share in the company’s growth.

Project Vision and Value Proposition

Invictus Capital’s vision for launching ICAP is to improve their investment platform and create fairer wealth growth opportunities and innovative products for the community. Through ICAP, they want investors to:

• Earn more: Get extra ICAP tokens as rewards by staking fund shares.
• Share in company success: As Invictus Capital’s assets under management (AUM) grow, company revenue increases, and they use part of that revenue to buy back and burn ICAP tokens from the market, which helps increase ICAP’s value and lets you indirectly share in the company’s success.
• Reward early participants: ICAP’s issuance decreases over time, so the earlier you stake, the higher your share of the rewards may be.
• Grow with the company: Invictus Capital promises that as their AUM grows, the proportion of fees allocated to ICAP will also increase, closely aligning ICAP holders’ interests with the company’s business development.

You can think of ICAP as a bridge connecting the interests of investors and the investment company. Through its tokenomics, it tries to make investors not just customers, but “partners” of the company, sharing in the fruits of growth together.

Technical Features

The ICAP token is issued on the Ethereum blockchain, meaning it’s an ERC-20 standard token. Ethereum is one of the most mainstream blockchain platforms, and many cryptocurrencies and decentralized applications (DApps) run on it.

Its main technical features are reflected in its staking mechanism:

• Smart contract driven: ICAP’s issuance and reward distribution are all automatically executed by smart contracts. Smart contracts are like self-executing protocols on the blockchain—once conditions are met, they run automatically without human intervention.
• Real-time reward calculation: After investors stake fund tokens, the system calculates the corresponding ICAP rewards every 30 minutes, making reward distribution more timely and transparent.
• Buyback and burn mechanism: Invictus Capital regularly uses company revenue to buy back ICAP tokens on the open market (such as decentralized exchanges like Uniswap) and burn them. This is a common deflationary mechanism aimed at reducing token supply, which may increase token value.

Tokenomics

The economic model of the ICAP token is designed to incentivize long-term holding and participation, and is linked to Invictus Capital’s business performance.

• Basic Token Information

  • Token symbol: ICAP
  • Issuing chain: Ethereum
  • Issuance mechanism and total supply:
    • ICAP issuance began on January 4, 2021, with an initial weekly issuance of 10,000 ICAP tokens.
    • After that, the weekly issuance decreases by 2.5% each week (i.e., 97.5% of the previous week), lasting about 93 weeks.
    • After about 93 weeks, the weekly issuance stabilizes at 1,000 ICAP.
    • Additionally, the project team pre-minted 10,000 ICAP tokens to provide initial liquidity on Uniswap (ICAP-Dai pair), and this liquidity is promised to never be withdrawn, serving as the foundation of the ICAP community treasury.
    • Note: There are discrepancies in the total supply of ICAP from different sources. Ethplorer shows a total supply of 139,050, Live Coin Watch shows 28.829K (about 28,000), while CoinMarketCap shows a max supply of 476.05K (about 476,000) but a circulating supply of 0. According to the project’s Medium article from 2020, the actual total supply should grow according to the planned schedule. These data differences may reflect different time points, statistical methods, or delayed updates.
  • Inflation/Burn: ICAP’s issuance mechanism is deflationary (weekly issuance decreases), and there is also a buyback and burn mechanism using company revenue. Both mechanisms aim to reduce the token supply in the market.
  • Current and future circulation: Due to the above conflicts in total and circulating supply data, and the major issues faced by Invictus Capital’s parent company in 2022 (see “Common Risk Reminders”), the actual circulation of ICAP may be very complex and opaque. CoinMarketCap shows a circulating supply of 0, which may mean active trading and circulation of the token is very limited.

• Token Utility

  • Staking rewards: Rewards for investors who stake Invictus Capital fund tokens.
  • Value capture: Through the buyback and burn mechanism, ICAP holders indirectly share in Invictus Capital’s business growth.
  • Community incentives: Incentivize early participation and long-term support from community members.

• Token Distribution and Unlocking Information

  Except for the 10,000 pre-minted tokens used for initial liquidity, ICAP is mainly distributed to investors as staking rewards. Rewards are calculated every 30 minutes and can be claimed at any time. Staked fund tokens can only be withdrawn after the lock-up period ends.

Team, Governance, and Treasury

• Core Members and Team Features

  The ICAP token was launched by Invictus Capital. The CEO of Invictus Capital was Daniel Schwartzkopff. The company operated in the crypto investment sector, managing crypto index funds like C20 and C10.

• Governance Mechanism

  No clear information was found about ICAP token holders directly participating in Invictus Capital project governance. ICAP is more designed as a reward and value capture tool, not a governance token.

• Treasury and Funding Runway

  ICAP’s value is linked to Invictus Capital’s fund management fee income, with a portion used to buy back ICAP. The initial 10,000 pre-minted ICAP tokens on Uniswap also form the basis of the community treasury.

  However, it is especially important to note that Invictus Capital suffered a severe financial crisis in 2022. The company once managed about $135 million in assets. But by allocating large amounts of investor funds to high-risk platforms like Terra USD (UST) and Celsius, and failing to cut losses during the UST depeg event, they suffered huge losses. Eventually, Invictus Capital’s holding company, New World Holdings, initiated voluntary liquidation proceedings in the Cayman Islands. This poses a huge risk to the future of the ICAP token and its underlying financial support.

Roadmap

Here are some key milestones for InvictusCapital.com Token (ICAP):

• December 21, 2020: InvictusCapital.com Token (ICAP) was officially released and launched on the Invictus Capital investment portal, allowing users to start staking fund tokens.
• January 4, 2021: The first ICAP rewards were distributed to stakers, and the weekly decreasing ICAP issuance plan began.
• Future plans (according to 2020 materials): Invictus Capital planned to increase the fee percentage allocated to ICAP when AUM reached $100 million, to further incentivize ICAP holders.
• 2022: Invictus Capital suffered a major crisis, incurring huge losses due to investments in UST and Celsius, and initiated voluntary liquidation of its holding company. This makes the realization of the above future plans highly uncertain.

Common Risk Reminders

Investing in any cryptocurrency project comes with risks. For the ICAP project, pay special attention to the following:

• Economic and Operational Risk

  This is the biggest risk facing ICAP. Invictus Capital, as the issuer and value support for ICAP, suffered a devastating blow in 2022. They allocated large amounts of investor funds (including C20 and C10 fund assets) to high-risk platforms like Terra USD (UST) and Celsius. During the UST depeg event, despite investor calls to sell, Invictus Capital chose to hold, resulting in huge losses. In addition, funds that should have been in cold storage were placed on Celsius, which later also ran into trouble. These events led Invictus Capital’s holding company, New World Holdings, to initiate voluntary liquidation in the Cayman Islands, suspend withdrawals, and shut down social media channels. This means the value support and project operations for ICAP tokens face great uncertainty and may have already ceased.

• Liquidity Risk

  Given Invictus Capital’s current situation, ICAP token trading volume and liquidity may be very low. CoinMarketCap even shows a circulating supply of 0, and it is not listed on major exchanges like Binance. This means that even if you hold ICAP, it may be very difficult to sell or exchange it for other assets.

• Information Transparency Risk

  There is very limited and sometimes conflicting official information about ICAP (such as total token supply). Given the parent company is in liquidation, it is even harder to obtain accurate and timely project information.

• Technical and Security Risk

  Although ICAP is an ERC-20 token on Ethereum and its smart contract may have been audited, if the underlying Invictus Capital platform is no longer maintained or operated, the token’s utility will be greatly reduced. In addition, any blockchain project faces risks such as smart contract bugs and network attacks.

• Compliance and Regulatory Risk

  The regulatory environment for cryptocurrencies is still evolving, and Invictus Capital’s liquidation may attract regulatory attention. Future regulatory changes may affect the holding and trading of ICAP tokens.

Please note: The above information is for reference only and does not constitute any investment advice. Be sure to conduct thorough independent research and risk assessment before making any investment decisions.

Verification Checklist

• Block Explorer Contract Address:
  • Ethereum contract address:
    0xd83C569268930fadAd4cdE6D0cB64450fef32b65
  • You can check this address on Ethereum block explorers like Etherscan to view token transaction history, number of holders, etc.
• GitHub Activity:
  • No direct InvictusCapital.com Token or Invictus Capital related GitHub repository links or activity information were found in current search results.
• Official Website/Whitepaper:
  • The official website of Invictus Capital (InvictusCapital.com) currently displays content that seems unrelated to the ICAP token project, focusing more on traditional financial services or domain sales.
  • Detailed information about the ICAP token mainly comes from articles published by Invictus Capital on Medium, especially the December 21, 2020 article about the ICAP launch.
  • Given Invictus Capital’s current situation, updates and accessibility of official materials may be problematic.
• Community Activity:
  • According to available information, Invictus Capital closed all social media channels in 2022. This means the community may no longer be active or accessible.

Project Summary

InvictusCapital.com Token (ICAP) was originally designed as a community reward token for the Invictus Capital investment platform, aiming to closely align investor interests with company growth through staking mechanisms and fee sharing. It provided a way for fund investors to earn extra returns and indirectly share in the company’s success.

However, the project suffered an extremely severe setback in 2022. Its parent company, Invictus Capital, allocated large amounts of investor funds to high-risk assets like Terra USD (UST) and Celsius during extreme crypto market volatility, ultimately incurring huge losses and initiating voluntary liquidation of its holding company. This event dealt a devastating blow to the fundamentals of the ICAP token, and its original value support and operational foundation no longer exist.

Currently, ICAP token liquidity is extremely low, official information updates have stalled, and the company behind it is in liquidation. This means the future prospects for ICAP are very bleak, and both its investment value and utility face huge challenges. For anyone considering ICAP, this is a high-risk project that may already be defunct.

Again, the above content is for informational purposes only and does not constitute any investment advice. In the crypto space, risks are everywhere—please be cautious and do your own in-depth research.