[PR – Warsaw, Poland, 31 August 2022, Chainwire]
AngelBlock is a platform dedicated to bringing together vetted Platform, notable crypto and fintech startup with knowledgeable investors. Its purpose is to allow investors to provide frictionless financing and support to new ventures in crypto, blockchain and fintech focused on early-stage investments in a fully on-chain and decentralized manner. The team is preparing to launch the fundraising platform in the fourth quarter of this year, and they hope to support three promising startups through a grant program of 90,000 USDT. Not only will the winners receive 30,000 USDT each, they will also fundraise on the platform and have the opportunity to receive mentorship from the core AngelBlock team.
Grant applications will open on August 31 and close on September 30, 2022. The review process will take about a week and the winner will be announced the week of October 10, 2022. The team will consider startups looking to conduct a token sale, preparing for fundraising, and willing to raise USDT, USDC and/or DAI on Ethereum. Additional terms and conditions may apply and can be found here.
“We see this crypto winter as an opportunity to help not only some promising startups but also AngelBlock CEO Alex Strzesniewski That said, it’s a great way to showcase our unique solution, which we believe is one of the biggest roadblocks in the field.
What is AngelBlock
AngelBlock was created for many reasons. Most importantly, the team saw an urgent need to address the friction points of cryptocurrency fundraising. Post-funding holdings Shares are not well decentralized, there is a lack of transparency and investor protection, there is not enough emphasis on holding startups accountable for their milestones, and the problem of VC dumping in retail is evident even when both parties are involved in the same funding round. In a nutshell, AngelBlock wants to create as much value as possible for investors, startups and their communities in the digital asset ecosystem.
” describes AngelBlock’s In its simplest form, it’s called a DeFi protocol, and it’s focused on solving the fundraising problem within the space. Our solution works only with smart contracts and adds much-needed transparency and decentralization to the fundraising process. Investors can vote on launch milestones and track everything on-chain, which means out-of-the-box governance from day one — which is really cool. ” said Max Torres, COO.
The team has been building through 2021 and 2022, with a launch in Q2 2022 Their AngelBlock NFT – This will be on the platform. AngelBlock Protocol and Platform v1.0 is scheduled to launch in October 2022, followed by a $THOL token generation event in the same month.
AngelBlock’s mission is to build a community of investors, supporters, and entrepreneurs to grow innovation in the crypto space in a sustainable manner. To apply for the AngelBlock Startup Grant Program, click here.
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