problem
Americans are concerned about their privacy. Data about our online activities can be tracked by companies, the government, and others. In fact, according to Pew Research, 60% of U.S. adults believe it is impossible to avoid being tracked by the government or corporations as they go about their daily lives.
solution
In the world we live in today, privacy is an illusion. Dark returns privacy back to the individual by allowing them to use the internet anonymously. Using web 3.0 technology, the company is building an end-to-end private, secure internet platform, using blockchain-based IP service addresses, replacing the need for open records DNS systems.
Go dark with Dark and maintain your privacy.
market opportunity
Web 3.0 is the third generation internet, which enables users to gain control of their own data. With more than $80 billion in funding from venture funds, private equity, and hedge funds, the web 3.0 ecosystem has grown to include thousands of companies (Bain).
According to Emergen Research, the web 3.0 market reached $3.2 billion in 2021. The market is expected to grow at a compound annual growth rate of almost 44% through 2030, reaching a total size of more than $81 billion.
Factors driving this growth include:
- Increasing demand for better user experience
- Connectivity advancements
- Growing preference for NFTs, digital collectibles and currencies
business model
The company plans to implement a subscription model:
- End users pay monthly subscription fee to protect their privacy
- Companies that want to place their products or services into our ecosystem pay a development fee plus an annual subscription fee
The initial Dark product is a plugin, easily installed into the Chrome browser. This simple plugin will service as the gateway to Dark and its ecosystem. Once using the Dark Plugin in your chrome browser, a dark button option appears on your browser. Once pressed, the browser will then resolve to any website url using its location on a dark proprietary blockchain-based system rather than on the conventional internet. This allows users, Dark, and content providers privacy, security, and anonymity leveraging the inherent protections and distributed nature of the blockchain.
team
Use of Proceeds
If the offering's maximum amount of $124,000 is raised:
| Use | Value | % of Proceeds |
|---|---|---|
| Technology | $86,800 | 70.0% |
| Marketing | $24,800 | 20.0% |
| General & Administrative Expense | $6,324 | 5.1% |
| Intermediary fees | $6,076 | 4.9% |
Terms
This is an offering of Common Units, under registration exemption 4(a)(6), in Dark LLC. This offering must raise at least $10,000 by April 17, 2023 at 11:59pm ET. If this offering doesn’t reach its target, then your money will be refunded. Dark may issue additional securities to raise up to $124,000, the offering’s maximum.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Pitch Deck
Financials
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Apr 18, 2023Primary offering finalized, selling units
Ask a Question
Proofread your comment before submitting: once it's posted, you can’t edit or delete it. Investors are advised to review our Discussion Board Policy before submitting a comment. For the fastest help with the web site, email help@netcapital.com instead of commenting.
Looking to raise capital?
We can help turn your friends, family and customers into investors.
Interested in more investment opportunities?
Browse all offerings currently available.