AngelBlock, Crypto Fundraising DeFi Protocol, Announces Startup Grant Program and Platform Launch

Warsaw, Poland, August 31, 2022, Chinwire

AngelBlock It is a platform dedicated to bringing together vetted and noteworthy crypto and fintech start-ups and informed investors. The goal is to allow funding and investor support for new ventures in the cryptocurrency, blockchain, and fintech space with a focus on early-stage investments, in a fully decentralized and on-chain manner. The team is preparing to launch the fundraising platform in the fourth quarter later this year, and they want to support three promising startups with a $90,000 grant program. Not only will the scholarship winners receive $30,000 each, but they will also be listed on the fundraising platform and have access to the AngelBlock core team for mentorship.

Grant applications It will open on August 31 and close on September 30, 2022. The review process will take about a week, and the winners will be announced in the week of October 10, 2022. The team will consider startups that are willing to do a token sale, are ready to raise funds, are ready to raise USDT, USDC and/or DAI on Ethereum. Other terms and conditions may apply and can be found over here.

We saw this crypto winter as an opportunity not only to help some of the most promising startups but also as a great way to showcase our unique solution to what we believe is one of the biggest barriers in the field.” says Alex Strzesniewski, CEO of AngelBlock.

What is AngelBlock

There were many reasons for creating AngelBlock. More importantly, the team saw an urgent need to address friction points to raise funds in cryptocurrencies. Post-surge holdings are not well decentralized, there is a lack of transparency and investor protection, not enough focus on keeping startups accountable for their milestones, and the obvious problem of dumping retail venture capital even though both parties have been in the same round. In short, AngelBlock wants to generate the same amount of value for investors, startups and their communities within the digital asset ecosystem.

The easiest way to describe AngelBlock is to call it a DeFi protocol that focuses on fixing fundraising problems within the space. Our solution works only on smart contracts and adds much needed transparency and decentralization to the fundraising process. Investors can vote on startup milestones and keep track of everything on-chain which means out-of-the-box governance from day one — that’s really cool.” Says Chief Operating Officer, Max Torres.

The team worked on construction throughout 2021 and 2022 after they launched AngelBlock NFTs In the second quarter of 2022 – which will open the way for benefits on the platform. Version 1.0 of the AngelBlock protocol and platform is scheduled to launch in October 2022, followed by the $THOL Token Generation Event in the same month.

AngelBlock’s mission is to build a community of investors, supporters, and entrepreneurs who sustainably advance crypto innovation. To apply to the AngelBlock Startup Grant, click over here.

For more information and to stay informed, follow the team at Twitter or Average.

  • AngelBlock
  • AngelBlock Scholarship Program

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