the Donut, a Start-up from Berlin, reported success in a Seed-Funding round. A total of 1.8 million US dollars invested by prestigious venture capitalists such as Redalpine. The company is planning the design of a Portfolio App for Everyone.
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19. March 2019BTC$3,992 m,91 -0.01%part Facebook Twitter LinkedIn xing mail
“We believe that in ten years people will store most of your assets in a digital asset” headlines the Berlin-based crypto Start-up Donut on your Website. And to make this possible, the FinTech on its product: a user-friendly Portfolio App for a variety of digital Assets, such as tokens and crypto-currencies such as Bitcoin, Ripple and the likes.
$ 1.8 million
collect The product and business development is likely to get with the new capital round, a significant boost. Because, as the founder of tell, you could generate a so-called Seed Round, 1.8 million US dollars in start-up capital. The investors include venture capitalists such as Redalpine, Tiny VC and a number of Angel investors.
Portfolio Management in hip
The driving Motivation behind the company the question: “What do I do with my savings?” It seems the founders to be aware that crypto-Assets, such as Bitcoin & co. during the last ten years one of the most profitable assets commemoration assets for people. Alone lack the infrastructure to participate. And here Donut in game:
Our goal is simple: We want to make the entry in the Digital Asset Ecosystem as easy as possible [ … ]. We hope that we can inspire a new Generation of investors.
The service is aimed so clearly to a new Generation of young risk-averse investors for whom access to the tokenized value of assets has so far remained closed.
“We want everyone, regardless of wealth, Knowledge, or location, enable you to be an Investor,” by Neel Popat, founder of Donut.
Hodl App is coming in the summer
Currently, interested parties can test the App in Beta Version, the Start is yet to be announced for this summer. Which cryptographic Assets the App supports, is, however, not known. The Blog entry tells only so much, as the possibilities of all advance, does not restrict view on cryptocurrencies like Bitcoin. Explicitly Popat ERC721 Token called as “interesting Use Case”. The ERC721 Standard is a ETH-Token-default, the found at crypto kitties application.
it is also Known that investors can invest by using the Donut App in a basket made of Digital Assets. The company places great value on user-friendly design of the Interface.
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