AngelBlocks is a platform dedicated to bringing together vetted, notable crypto and fintech startups with knowledgeable investors.
It aims to allow investors to provide funding and support for new ventures in the crypto, blockchain and fintech space with a focus on early-stage investing, which is completely on-chain and decentralized.
The team is preparing to launch the fundraising platform in Q4 later this year, and they are looking to support three promising startups with a 90,000 USDT grant program.
The winners of the grant will not only receive 30,000 USDT, but they will also be listed on the platform for fundraising and will have access to the core AngelBlock team for mentorship.
Grant applications 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 the week of October 10, 2022.
The team will consider startups that want to conduct token sales, those ready to raise funds, and those willing to raise in USDT, USDC, and/or DAI on Ethereum. Other terms and conditions may apply and can be found here.
,We saw this cryptocurrency not only as an opportunity to help some promising startups, but also as a great way to showcase our unique solution as one of the biggest blockchains in the region. Alex Strzesniewski, CEO of AngelBlock.
what is angelblock
There were many reasons to create AngelBlock. Most importantly, the team saw a clear need to address friction points for fundraising in crypto.
Holdings are not well decentralized post-rise, there is a lack of transparency and investor protection, there is not enough emphasis on holding startups accountable for their milestones, and there is a clear problem of dumping VCs at retail, even when both sides Have participated in the same round.
In short, AngelBlock seeks to generate greater value for investors, startups and their communities within the digital asset ecosystem.
“The easiest way to describe AngelBlock would be to call it a DeFi protocol focused on fixing fundraising problems within space. Our solution works entirely on smart contracts and is much needed in the fundraising process. Adds transparency and decentralization. Investors can vote on startup milestones and track everything on-chain, which means governance out-of-the-box from day one – this is really cool. “ says COO, Max Torres.
The team is building throughout 2021 and 2022, launching their AngelBlock NFTs in the second quarter of 2022 – which will unlock the benefits on the platform.
The v1.0 of the AngelBlock protocol and platform is scheduled to launch for 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 Constant innovation in crypto. How to Apply to the AngelBlock Startup Grant Program, Click Here,
For more information and to stay up-to-date, follow the team Twitter or medium.