Profile· Questionable@MarqelCapital On Ethos

Marqel Capital

1 review, not positive.0% positive · 1 review· Influence factor 0, above 0% of accounts

The record

From 1 activities · Oct 2026

Community members have raised well-founded concerns about the legitimacy of this entity as an investment fund, with discussion suggesting it may have been created fictitiously.

What people say

Received · 1 Given · 0

“There are well-founded concerns that this is a fictitious VC”One of the members of the Ethos community raised the question regarding the legitimacy of this entity as an investment fund. The discussion was brought up in the investigations channel on the Discord server. I agree with these arguments and share the opinion that the fund was created fictitiously. The entire discussion is available at the [link](https://discord.com/channels/1230729763170287647/1354239562364223609/1556302581897105438). The main concern, copied from the chat: "" SPH: (https://x.com/kiedexapp) claims a $3.5 million seed funding round led by (https://x.com/MarqelCapital) meanwhile, (https://x.com/uormapp) has also listed the same name in a $7.5 million funding announcement on its X account. Total announced: $3.5 million + $7.5 million = $11 million. All of this comes from a firm with absolutely no tangible track record. The marqelcapital.xyz website is merely a single-page template. There is no information regarding the team, partners, portfolio, or office location only an email address: info@marqelcapital.xyz. Its social media account was created in 2020, yet there were no posts regarding investments prior to 2026. PitchBook data cites Singapore and their profile mentions Italy, yet the initial registration location was actually Bangladesh. There are no SEC filings or evidence of a licensed investment manager. DeFiLlama and CryptoRank list KieDex simply because they reposted the tweets; however, a tweet is not proof of a wire transfer. The KieDex account was created in January 2026, the website lacks founder information, KYC verification was only enabled right before the TGE (token launch), and "audit-ready" status is not the same as an actual audit. The same investor is claimed by two anonymous projects and a VC page that uses a generic website template. Simply following a project from a VC account does not equate to a $7.5 million investment. Anyone can create an investment fund page and claim whatever fundraising figures they wish. What do you think? open to criticism or discussion, I am very curious about this. and it would also help advance my independent research. ""

ZET · 1537· 15d ago · negative14

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