AngelBlock’s token THOL is in the spotlight. Why that?
AngelBlock is a new project that attracted the attention of Defi investors. This company offers users the opportunity to invest in cryptocurrencies and FinTech. Their goal is to connect investors with promising startups. Also, the platform focuses on early-stage investments.
The team introduced its native utility token, THOL, on January 10, 2023. Its sale will end on February 15, 2023. THOL is an ERC20. According to the company, its price will gradually increase. However, currently, it is trading at $0.08 per token. The total supply of tokens is 480,000,000, but only 29% is available for purchase at this stage.
Starting your own business is a good way to earn an income. However, this process can be very exhausting. Although it is not easy to obtain financing, that is the least of the problems. Project creators should carefully consider how much their start-up might cost. Most of the time, people underestimate costs and have to stop executing their project at some point. That could lead to a tough financial debacle. That’s especially true if the founders are specialists in the field of their project but don’t know the ins and outs of the financial world. There are so many details to consider, such as logistical limitations, legal regulations, or organizational difficulties. And don’t forget about taxes and accounting. They also need special attention to make sure that everything works according to the regulations.
Unfortunately, many creators come face to face with issues, they didn’t expect it to actually be a problem. To avoid such obstacles, they should seek help from experienced people who can advise them on what to expect and how to achieve success in the marketplace. After all, there are so many companies vying for customers’ attention that it’s not easy to find your niche and generate loyal customers.
What does AngelBlock offer?
AngelBlock wants to help startups succeed. The company noted that the financial world is changing exponentially. The digital asset revolution forever changed traditional finance. Fiat money now has a strong rival in the form of cryptocurrencies.
Also, the coronavirus pandemic changed the way we see the world. People have learned that working from home is usually easier and more convenient. In addition, we have to depend on the Internet and technologies for everyday activities, such as learning, shopping or even communicating, more than ever.
The pandemic period was hard to bear. However, staying at home gave people more time to contemplate new projects, and since the virtual space was the most available, many developers and creators began working on their development. In fact, AngelBlock is the result of such contemplation.
The company noted that cryptocurrency startups have always had a harder time raising funds compared to traditional startups. There are several reasons why investors are more careful, and one of them is security. Frequent scams hurt the industry as people are unwilling to invest their money in projects when it is so difficult to determine if the company is trustworthy. Today, criminals and scammers have managed to create such elaborate schemes that, in most cases, they appear entirely believable. That is why investors need to find a reliable platform that allows them to connect with startups. AngelBlock aims to offer just that.
The team will introduce to its platform only carefully vetted crypto and FinTech projects that have great potential. In addition, it will ensure that new companies get their financing without delay. The company is especially interested in early-stage investments as it sees great potential there. AngelBlock will create win-win networks around the world.
How does the AngelBlock platform work?
According to the company, its platform will provide interesting services for investors and startups. The website will have several great features and will be easy to navigate. However, the team indicated that it would consider the demands of those clients, who belong to both categories (investor and startup). AngelBlock’s main objective is to help its clients generate more value.
In addition, the AngelBlock platform offers several ways to raise funds. In the first stage, the company will offer three ways to raise funds. Users can raise money using tokens, shares, and both.
The team aims to democratize the investment process. He also wants to offer support to those people who have great ideas but don’t know how to proceed to make them come true. Also, the company will target Defi enthusiasts rather than investors in the traditional financial world. AngelBlock believes that cryptocurrencies are the future of humanity. However, the team also noted that AngelBlock would not be a crowdfunding platform.
The company will carefully screen its community members to ensure that its customers are safe from scammers. It will also try to strike a balance between connecting startups with high-profile investors and dispersing funds raised from smaller contributors. The team wants to avoid any volatility.
The company will not allow all investors to join. You will also choose very carefully the startups you want to support. Companies wishing to become part of this community must undergo the vetting process. The team will review the analysis of the work the founders have already completed, as well as request an audit and other legal and technical documents. He will also interview the founders and the team. And check with your advisors to make sure the project has potential.
What makes the AngelBlock platform stand out among other similar ones?
One of the main advantages of this project is its high level of security. The team is working hard to ensure that their customers get high-quality service without losing their funds to scammers. The company will publish the results of its analysis of each project added to its platform. He will be very transparent about the entire process. Therefore, investors will have the opportunity to find out what exactly they are financing.
In addition, the company will consult its clients on the best ways to develop their projects. It will help users maximize their potential and profit handsomely in the process. AngelBlock has a good roadmap and his team has extensive experience. Therefore, it is an excellent option for both investors and startups.
AngelBlock’s token THOL is in the spotlight. Why that? first appeared on FinanceBrokerage.