Angel investors are often known as seed investors or private investors. Angel investors aggressively search out chances to fund entrepreneurs or start-up businesses. They are frequently high-net-worth individuals looking for innovative ways to boost their wealth while also starting a new venture.
Angel investors aren’t merely lending money to a project or firm when they invest. Instead, they frequently demand a share of the company’s ownership based on their initial investment. In other circumstances, the investment may be made regularly as the business grows. It could also be a one-time payment to assist the venture to get off the ground.
Previously, the principal involvement of Angel Investors was in traditional businesses, but now their radar has alleviated towards blockchain industry and cryptocurrencies. The amount of return has been proven to be pretty high in crypto when a right project is invested into.
It is a fact that the value of the cryptocurrencies traded in the crypto exchanges has declined heavily since December 2017. In addition, scam ventures, Ponzi schemes, and ‘lost/stolen money have all been reported because of security issues in centralized exchanges. Despite this, one must wonder why regulatory bodies are unable or unwilling to prohibit the usage of Blockchain Technology and cryptocurrencies.
Cryptocurrency is still high on the agenda of many businesses and organizations worldwide. As many continue to track its impact on the financial community and its potential for both entrepreneurs and angel investors. “Cryptocurrencies have opened a new era of Angel Investment,” said by Founder and Managing Partner of KrowdMentor and the Blockchain Investors Consortium (BIC), Mr. Brad Bulent Yasar.
Angel investors put their money into cryptocurrencies that they trust and study about because they believe they will flourish in the long run. They’re betting because they believe in the hundreds of millions of dollars available, whatever they put into these businesses will pay off handsomely in the end, and that’s exactly what’s happening.
Coinovy has got their first investment of $300,000 from an angel investor – Prudent investment management LLC – They’re a multinational company known for developing innovative, actively managed investment strategies that assist clients in achieving their long-term objectives. COINOVY is a streamlined system that allows users to purchase, sell, or trade securely in less than 60 seconds. Being available everywhere around the globe, the transaction completion time is regarded as one of the fastest across the industry. It is a cutting-edge crypto-ecosystem service provider which is focusing on ease of Crypto to Fiat conversion.
