May 15, 2018
ServerCube, Inc. announces that David Drake, of LDJ Capital, is joining the ServerCube team as advisor. ServerCube’s ICO is focused on building the world’s largest, decentralized cloud computing platform.
David Drake is the Founder and Chairman at LDJ Capital, a financially integrated family office with a global footprint and local presence in 12 countries; Victoria Partners, a 500-family office network based in London; and The Soho Loft Media Group. Drake has been a writer for Forbes and the Wall Street Journal and has extensive expertise in media, initial coin offerings, and in the crowdfunding space. He is the co-author of the booksPlanet EntrepreneurandCrowdfunding and Other Animals.
“I’m excited to bring my extensive network and experience in ICOs, media, and publicity to support ServerCube,” says Drake. “ServerCube’s distributed network of devices will accelerate access to deep-learning AI, VR and other intensive computing needs through its upcoming BaaS offering. The fact that everyday people who host these devices also benefit is an important factor in rapidly scaling the network and adds a social good dimension sorely missing from much technology today.”
LDJ Capital and its partners have acted as general partners and investors in fund-of-funds, realty funds, venture capital funds, seed funds, debt funds, and hedge funds. Drake’s investments and private equity advisory at LDJ Capital currently have more than 50 global directors and family office partners.
Drake is a board-level advisor for several initial coin offerings and within the last year the top 15 ICOs that he has advised have raised over USD 500,000,000. He is also the founder of The Soho Loft Media Group, a financial media company that set up the first crowdfunding meeting in history with the SEC and FINRA in April 2012 to discuss the crowdfunding laws of North America.
Born in Sweden and fluent in six languages, Drake has an MBA in Finance and an MA in International Law and Economics from George Washington University in Washington DC where he was awarded the Wallenberg Scholarship for academic merit.
ABOUT SERVERCUBE, INC.
ServerCube turns the centralized datacenter model upside down.
By putting high-powered computers into residential and other small, private environments, ServerCube is creating a powerful, 5G edge distributed computing network that truly delivers on the Blockchain paradigm -- with a greener footprint.
All Blockchain operations, crypto mining, and in fact, nearly any application requiring milli-second response time, can run on ServerCube’s platform. ServerCube will first use GPU mining to generate cryptocurrency into a large common pool of which a weighted 15% is paid to SC Coin holders. The SC Network will also provide BaaS at low cost/high profit. These services are highly desirable for deep-learning AI, VR, and more. As long as investors hold their coins, they will continue to earn a weighted 15% of aggregated payout from both mining and computational services. Additional investment models are available for large, accredited investors.
Devices are distributed via a hosting model. People who "host" a SC Device at home are compensated to keep the Device connected to electricity and the internet. Hosting allows the SC network to scale rapidly
ServerCube is registered as a C corporation in Delaware.
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