Empowering Crypto Startups: AngelBlock Announces a 0% Fee on Fundraising

09 Jun 2023 · 3 min read

At AngelBlock, we're always looking for ways to redefine the status quo and challenge traditional norms. Today, we're thrilled to announce a new offering that will turn the heads of both startups and incumbents in the crypto fundraising space - our 0% fee structure for all fundraising conducted on our platform.
That's right! We are scrapping fees on capital raised, an unprecedented move that sets us apart in a market where fundraising platforms typically charge substantial fees. This bold step underscores our commitment to empowering early-stage projects striving to make their mark in this competitive market.

The High Costs of Traditional Crypto Fundraising

In the traditional fundraising ecosystem, it's an established practice for platforms, including popular launchpads, to charge substantial fees on the capital raised by projects. These charges can take a severe toll on the startup's financial resources, significantly reducing the funds available for developing, marketing, and scaling their solutions. The fees often go beyond a simple cut of the raised capital as they can include additional charges further depleting the startup's much-needed resources.
The impact of such fees is especially pronounced for early-stage projects, which are typically cash-strapped and reliant on every dollar raised to push their innovation forward. The hefty charges can constrain their growth potential, impose financial strain, and limit the scope of their ambitions. This financial burden can result in an overemphasis on fundraising efforts, diverting focus from the project's core mission and innovation.
In the worst-case scenario, excessive fees can lead to the premature demise of promising startups, nipping innovative ideas in the bud before they have a chance to flourish. This financial barrier has been a longstanding problem within the startup ecosystem, necessitating a more startup-friendly solution that supports rather than impedes growth.

Our Game-Changing Solution: The 0% Fee Structure

Recognizing these challenges, we at AngelBlock decided it was time for a change - a change that puts the interests of startups first. With our new 0% fee structure, projects that conduct their fundraise on our platform can retain all of their raised capital.
This revolutionary approach helps startups keep their entire focus on what truly matters: executing their vision, building innovative solutions, and making a meaningful impact on the crypto space.
Not only does this decision solidify our position as a startup-friendly platform, but it also amplifies our mission to provide a democratic, transparent, and trustless solution to funding hurdles faced by startups.

The Road Ahead

By launching this 0% fee structure, AngelBlock is not just pioneering a new approach to crypto fundraising - we're also signalling our commitment to the long-term success of the projects we host.
Our bold move invites startups to maximize their fundraising efforts without worrying about losing a significant portion to platform fees. We believe this step will stimulate innovation, encourage more projects to join the crypto fundraising space, and ultimately foster a more dynamic and inclusive blockchain ecosystem.
But that's not all! We've also recently relaunched our Startup Grant Program, adding another layer of support for promising projects. We're offering a grant of $15,000 in AngelBlock's native token, $THOL, along with the potential to raise additional capital through our protocol for every winning project. This is your chance to join the acclaimed incubation program and receive expert advice on regulatory, coding, UI/UX, and tokenomic strategies. It's a unique opportunity for any startup looking to take their project to the next level.
Join us on this exciting journey. For any queries or to learn more about our 0% fee structure and the Startup Grant Program, feel free to reach out to us. Let's democratize access to capital and pave the way for a new era of growth in the web3 startup ecosystem, together!

Written by: Christian Santagata

Protocol based platform
for startups and investors.

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