Altucher-Backed Crypto Central Raising $10 Million
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Title : Altucher-Backed Crypto Central Raising $10 Million
link : Altucher-Backed Crypto Central Raising $10 Million
For the tape (via CoinDesk)
James Altucher is investing inwards a novel cryptocurrency venture.
As detailed inwards an SEC filing dated Thursday, Altucher has invested inwards a seed circular for a Delaware companionship called Bitzumi, Inc., which intends to offering a forthcoming newsletter production as well as telephone substitution service. The theatre plans to heighten upwardly to $10 million, with a minimum heighten of $1 million.
While Altucher is described equally a co-founder both inwards the text as well as on the company's website, inwards emailed statements to Coindesk, he backed off of this categorization, calling himself only an investor as well as supporter of the firm. Affiliation aside, the filing indicates Bitzumi plans to utilization the novel funds to grow its concern into other verticals.
"Bitzumi Publishing's finish is to dominate search engine traffic inwards the cryptocurrency manufacture as well as get traffic to both our Bitzumi telephone substitution as well as other production offerings, such equally subscription-based newsletters," the filing states.
Notably listed inwards the filing are a issue of competing companies, alongside them only about of the world's largest cryptocurrency exchanges including Coinbase's GDAX offering as well as Bitstamp.
Looking further, the venture foresees that it volition fifty-fifty offering client cryptocurrencies to clients. In the short-term, however, it intends to focus on a publishing business. Bitzumi has an affiliate bargain with investment newsletter service Agora Financial, LLC to "market as well as sell" a newsletter created yesteryear Altucher.
According to the filing, Scot Cohen, an stone oil as well as gas manufacture entrepreneur, volition serve equally CEO, piece David Briones as well as Glenn Pollack volition accept the roles of CFO as well as director, respectively. The theatre has registered equally a money services concern inwards 50 states, FinCEN indicates.
-RW
You are now reading the article Altucher-Backed Crypto Central Raising $10 Million with the link address https://inspirationsbymeforyou.blogspot.com/2020/03/altucher-backed-crypto-central-raising.html
Title : Altucher-Backed Crypto Central Raising $10 Million
link : Altucher-Backed Crypto Central Raising $10 Million
Altucher-Backed Crypto Central Raising $10 Million
For the tape (via CoinDesk)
James Altucher is investing inwards a novel cryptocurrency venture.
As detailed inwards an SEC filing dated Thursday, Altucher has invested inwards a seed circular for a Delaware companionship called Bitzumi, Inc., which intends to offering a forthcoming newsletter production as well as telephone substitution service. The theatre plans to heighten upwardly to $10 million, with a minimum heighten of $1 million.
While Altucher is described equally a co-founder both inwards the text as well as on the company's website, inwards emailed statements to Coindesk, he backed off of this categorization, calling himself only an investor as well as supporter of the firm. Affiliation aside, the filing indicates Bitzumi plans to utilization the novel funds to grow its concern into other verticals.
"Bitzumi Publishing's finish is to dominate search engine traffic inwards the cryptocurrency manufacture as well as get traffic to both our Bitzumi telephone substitution as well as other production offerings, such equally subscription-based newsletters," the filing states.
Notably listed inwards the filing are a issue of competing companies, alongside them only about of the world's largest cryptocurrency exchanges including Coinbase's GDAX offering as well as Bitstamp.
Looking further, the venture foresees that it volition fifty-fifty offering client cryptocurrencies to clients. In the short-term, however, it intends to focus on a publishing business. Bitzumi has an affiliate bargain with investment newsletter service Agora Financial, LLC to "market as well as sell" a newsletter created yesteryear Altucher.
According to the filing, Scot Cohen, an stone oil as well as gas manufacture entrepreneur, volition serve equally CEO, piece David Briones as well as Glenn Pollack volition accept the roles of CFO as well as director, respectively. The theatre has registered equally a money services concern inwards 50 states, FinCEN indicates.
-RW
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You are now reading the article Altucher-Backed Crypto Central Raising $10 Million with the link address https://inspirationsbymeforyou.blogspot.com/2020/03/altucher-backed-crypto-central-raising.html