BCAP (short for Blockchain Capital) is a venture capital firm that only invests in blockchain technology projects. Some of the projects that Blockchain Capital invests in are Civic, Kraken, Ripple, Shapeshift, and more, totalling in over thirty-six projects. The firm held an initial coin offering (ICO) to raise capital for its various investments. The ICO investors can then participate in voting on which projects Blockchain Capital should invest in on the Blockchain Loop (b.pool) website. These votes do not determine which projects the firm will invest in, but only serve as suggestions to show what the community’s sentiment is. Users are rewarded in spendable reputation points when they provide constructive feedback and contribute to the knowledge base.
BCAP (BCAP) is the Ethereum token issued during the Blockchain Capital ICO to raise funds for the project.