David - Cryptocurrency Specialist
Non-fungible tokens (NFTs) can transform the world of startup funding. Daniel Tenner shared his insights on how NFTs offer a unique fundraising model for businesses and how this innovative technology can benefit both startups and investors.
As the founder of GrantTree, a company that helps tech startups obtain government funding, Tenner has been deeply involved in the startup ecosystem for over a decade.
Tenner decided to build his own NFT-based fundraising platform, recognising the potential of the fundraising model itself and the untapped possibilities in this space.
Tenner emphasised that non-fungible tokens (NFTs) present a unique fundraising model that stands apart from traditional fundraising methods such as equity crowdfunding or venture capital. Unlike traditional startup shares that can be illiquid, NFTs offer investors greater liquidity, which is a significant advantage. Additionally, NFTs can provide investors with more engagement and excitement, thanks to the benefits attached to them, making them a more thrilling investment opportunity than just receiving a report once or twice a year.
From a startup perspective, the use of NFTs can bring several advantages. By having investors who are also customers, startups can establish a dedicated group of supporters who can serve as evangelists and contribute to marketing efforts. Moreover, NFT-based fundraising can expand the reach of fundraising efforts globally, allowing startups to access a broader range of potential investors than local fundraising initiatives. In addition, the NFT market appears to be less discriminatory than equity fundraising, with female founders being more likely to succeed in raising funds, a positive development for creating more diverse and inclusive startups.
Tenner highlights the importance of investor education in making informed investment decisions. He has been actively creating content for over a year, such as YouTube videos and threads, aimed at educating people on becoming better investors. Tenner believes that financial education is a critical skill necessary for building wealth, and there is a major flaw in the education system in this regard. By learning how to balance a budget and invest, people can make informed decisions and avoid falling prey to scammers, which is an increasingly significant concern in the digital world.
Pledg3r's success has convinced Tenner that the future of NFT-based fundraising is bright. He envisions that more people will adopt the company's approach, which will lead to the creation of many more fundraising options through NFTs. Although some individuals may view the NFT space as already saturated, Tenner believes that there is still plenty of room to grow, and more people need to be educated on the possibilities that NFT-based fundraising can offer. Ultimately, Tenner hopes that one day, NFT-based fundraising can be accessible to a billion people, bringing the benefits of this innovative fundraising approach to a much wider audience.
Tenner's efforts to educate and expand the market for NFT-based fundraising could play a pivotal role in shaping the future of NFT crypto. As more people adopt this innovative technology, it could become a seamless part of our daily lives, offering benefits that extend far beyond the world of startups.
As the market for NFTs continues to grow, it will be exciting to see how entrepreneurs and investors alike can take advantage of this new fundraising model, and how NFT coins will shape the future of finance and technology.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards