Chronicled is bringing physical objects to the Blockchain in our first ‘Internet of Things’ investment…
They have passed their minimum funding goal of $600,000 and our qualifying investors can co-invest with Pantera Capital and other VC’s…
Chronicled is leading the integration between physical objects and Blockchain technology and is now live to our qualifying investors
You may have seen in the recent press that Chronicled has put together tech giants such as Bosch, Cisco, Gemalto and more to team up in order to integrate the Blockchain with physical objects.
The Internet of Things (IoT) simply refers to – physical objects connected to the internet, which brings both huge potential and great risk.
On the plus side, the transition from ‘dumb’ to ‘smart’ devices represents a change in the way we think such as – cars which drive themselves, apartments which become self-regulating environments and appliances which optimise automatically for each user’s unique preferences.
But every connected device is another attack surface for a hacker to target.
Chronicled is aiming to solve this problem by integrating the Blockchain with IoT devices and qualifying investors can check out their pitch here.
In The News
Just in case you missed it, our CEO and co-founder – Simon Dixon, released our 2016 Year In Review video. Watch the full Year In Review here:
Other BnkToTheFuture News
Our First Exit Offer:
Last week we received our first exit offer to investors from one of our portfolio companies that previously raised finance through our Online Investment Platform. We will be passing the offer to vote this week. Once the results are in and the deal completes (depending on the results), we will update you with further details in an upcoming newsletter. Make sure you keep an eye on the pitch forum of your investments section to stay up-to-date.
Less Than $25,000 Remaining For Storj ‘Pre-Series ‘A’ Round:
There is no ‘OverFunding’ for this pitch, so once it reaches $1,000,000 it is over. Storj is bringing file storage to the Blockchain and aiming to offer a cheaper, faster and more secure alternative to cloud storage provider Amazon S3. Qualifying investors can check out Storj here if it remains open.
Congratulations to Tallysticks (A Few Hours Left):
Invoice Financing is a hidden gem for banks. It’s a $2 trillion a year market that few have even heard of. Tallysticks mission is to bring invoices onto the Blockchain and to launch a new invoice financing marketplace in the process. They have reached their minimum funding goal and will be closing shortly. Full details here.
We released the beta version of our new and improved portfolio analysis features to help investors track their investments. We still have plenty more development work to follow, but in the mean time why not login to your account and check out the new portfolio overview. We welcome all feedback and suggestions as we continue to develop the portfolio section further by submitting a ticket here.
Congratulations To Bitstamp:
Bitstamp, one of the longest-standing digital currency exchanges and the leading Europe-based digital currency exchange, has joined our portfolio after raising $2,382,161. They exceeded their funding target by 98% just under 4 times the minimum funding goal.
Bitfinex Conversion Pitch Has Now Converted Over $36,000,000:
Bitfinex and BnkToTheFuture have now facilitated the swap of over $36,000,000 worth of BFX tokens for Bitfinex equity for victims of the recent theft. After redemptions, they have now plugged over 50% of the shortfall as a result of the theft and we will be creating a video shortly explaining how they have executed their recovery. Watch out for this in future newsletters.
Almost $130,000,000 Invested:
Our next milestone of $130m invested in funding rounds listed on our Online Investment Platform is just around the corner and should be there by the next newsletter. We thank every investor who have contributed to an investment in the Future of Finance and Technology. More details can be found in our Year In Review video.
We have now paid our BnkToTheFuture Professional Investor Members almost 600,000 dividends and over $1,600,000 has been returned through our dividend paying funds. Be sure to keep a look out for more dividend paying pitches coming soon only on BnkToTheFuture. More details can be found in our Year In Review video.
We are delighted to have almost 36,000 (and counting) real active registered BF Professional Investor Members on our Online Investment Platform who are waiting for more Financial Innovation & Technology Investment opportunities to invest in. Click here to find an opportunity you may like.
More Financial Innovation:
If you are involved in Financial Innovation & Technology, then we would love to receive your application and explore if you can raise investment with us. 82% of companies that have listed on our platform so far have raised at least their minimum funding goal. You can see our live pitch statistics and success rates when you scroll down at the end of our home page. Once you have checked them out make a quick application for finance here and we will follow up.