Flare Network and Lena Instruments launch new crowdfunding mechanism
The mechanism allows investors to allocate a portion of the rewards they earned into funding startups. Interoperability-focused blockchain Flare Network has partnered with software infrastructure firm Lena Instruments to implement a crowdfunding mechanism that lowers the risks associated with startup investing. Lena Instruments announced what it called a “CloudFunding" launchpad that lets Flare investors allocate a percentage of the rewards that they earned into investments to new crypto startups without moving their initial investments. Apart from providing a low-risk investing solution....
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