Bitstamp Collects $1.3 Million As Crowdfunding Campaign Continues
Bitcoin exchange Bitstamp's ongoing crowdfunding campaign has already netted more than $1.3m in capital, exceeding its goal weeks before the effort is scheduled to end. Bitstamp has another 21 days of its campaign on the BnkToTheFuture platform. The exchange is selling shares totalling 2% of total equity. At press time, Bitstamp had raised $1,365,240 out of a planned $1.2m, drawing from 258 backers. Co-founder and CEO Nejc Kodrič said the funding will go towards expanding into new markets, as well as offering new services to the existing trading platform. He told CoinDesk: "Our....
Related News
Given the current focus on blockchain development, it makes sense to support the development of decentralized applications. Airbitz is much more than just a Bitcoin wallet provider. The company has been working on other things behind the scenes. One of those efforts focuses on a new equity crowdfunding campaign. This particular effort will support the Airbitz Edge Security SDK, which can then be used to build new decentralized applications. It is rather interesting to see Airbitz host their crowdfunding campaign on Wefunder, as very few people have heard of this company. At the same time,....
UPDATE (14 January 2015 13:00 BST): Article has been updated to reflect crowdfunding breakdown. Bitreserve has closed its crowdfunding campaign after raising over $9m. The final total of $9,620,802 (£6,363,024) was reached after 157 investors bought 11.27% of the equity offered. Crowdcube investors raised $739,219 (£489,744) whilst the remaining $8,911,645 (£5,873,280) was contributed by a combination of Venovate and institutional investors. The crowdfunding activity on Venovate amounted to $126,000 (£83,020) whilst the remaining balance of $8.7m (£5.7m) came from institutional investors.....
Bitreserve is seeking to raise $10m in capital through a new crowdfunding initiative. The bitcoin storage platform, started by CNET founder Halsey Minor, has raised $7m so far, with 51 days to go on its funding campaign. Minor said the decision to raise a financing through crowdfunding was a "supplement" to other fundraising efforts. He also said it is an attempt to address the limited investment opportunities available to the general public for technology companies like his. Minor told CoinDesk: "People should have a right to invest in innovation ... there are so many things that are just....
U.K.-based bitcoin app Ziglu raised over $8 million in a crowdfunding campaign, the largest equity raise on the Seedrs platform this year.
GoFundMe does not operate in some countries, nor do they let Africans withdraw funds from the platform. Bitcoin remains a topic of substantial debate and lots of opposition. Despite the advantages cryptocurrency offers when it comes to crowdfunding, very few platform shave integrated cryptocurrency support. GoFundMe suspended a campaign which had a Bitcoin address listed, as it allegedly violated their terms of service. GoFundMe Doesn’t Like Bitcoin. It has to be said; crowdfunding platforms do not take kindly to Bitcoin. If they did, companies such as Indiegogo and Kickstarter would have....