microventures
Latest
Indiegogo makes it easy to hop on the cryptocurrency bandwagon
There's a frenzy over cryptocurrency at the moment (helped in no small part by bitcoin's sky-high value), and Indiegogo is determined to milk the trend for all it's worth. The crowdfunding site has partnered with MicroVentures to enable investments in the initial coin offerings (ICOs) that are all the rage as of late. If you think a new digital cash format is going to be the next big thing, you now have a potentially easier way to pour money into it -- and you don't need to be an accredited investor, which limits the scope of many ICOs. The first offering on tap is the Fan-Controlled Football League, which is running a pre-sale for $5 million tokens for 10 days after this writing.
Indiegogo lets you invest in potential startups
When a kid with a good idea asks you for $20 to fund their new startup, you give that money in the hope they'll do some good. That can sting, however, when they become a multi-billionaire and you don't even get a note of thanks with $20 stapled to it. Indiegogo is working to remedy the issue by incorporating equity crowdfunding into its platform. That way, instead of getting a lousy t-shirt as a reward for your patronage, you could actually get a share in the future success of businesses that you back.
