[ANN][Pre-ICO] Liquid Crypto Bond, Crowd for Angels (FCA)

[CrowdforAngels]

We would like to announce the launch of Crowd for Angels Pre-ICO for our Liquid Crypto Bond. It is the first ICO from a regulated company and provides, what we hope is a welcomed addition to the market. Please visit https://crowdforangels.com/ICO to find out more information and to download our whitepaper.

Crowd for Angels (CfA) proposes to raise up to £50 million through a 5-year Liquid Crypto Bond paying 3% interest per annum. The purpose of the raised funds would be to support SMEs seeking capital via the Crowd for Angels Platform. The capital raised will be invested into secured crowd bonds. For every £1 invested, 100 tokens will be mined by Crowd for Angels. Up to 99 of these tokens will be issued to the initial investors as rewards, with Crowd for Angels retaining the balance. This bond will enable investors to get exposure to a secured underlying asset along with diversification benefits through the crypto offering.

1) Investors invest in a Bond (security) via our platform with the token given as a gift (reward). All funds will be held in fiat in a segregated account in a major UK bank.

2) ANGEL token has no nominal value at the time of issue. It can be freely traded (after issue) and used on our platform once a value is established.

3) Value Creation – When a business raises finance through our platform, they pay a “funding facility fee” (usually ranging from 2-4% for debt finance). Crowd for Angels will use 1% to purchase Angel Tokens from the exchange market and burn it leading to a reduction in the overall supply. Instead of receiving these tokens to pay our fees, we take them out of circulation and this will cement the value created during purchase.

Finally, any investments will be made via our platform. We will NOT ask investors to send Crypto to our wallet.

Please visit https://crowdforangels.com/ICO to find out more information and to download our whitepaper.

Whitepaper here: https://crowdforangels.com/pdf/Crowd_for_Angels_Whitepaper.pdf

We are on Telegram - https://t.me/CrowdforAngels

Community

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[freemind1]

I must say that although the ANN is very brief the project is interesting, I will keep an eye during the next weeks to see how it evolves.

[CrowdforAngels]

I must say that although the ANN is very brief the project is interesting, I will keep an eye during the next weeks to see how it evolves.

Thank you, We hope it delivers value and shows the growth of ICOs. Please feel free to ask questions, I hope I can help.

Andrew @ CfA

[Altcner]

This project looks promising, what can we expect from you in the nearest future ?)
 

[CrowdforAngels]

This project looks promising, what can we expect from you in the nearest future ?)
 

In the immediate future, we will be attending a few events to meet with innovators and investors. This is to help raise capital but also to inform the ecosystem about our product and how as a regulated entity it is being rolled out. In this, we will also be arranging meetings, webinars, newsletters, press releases and comments on the sector. Hopefully, a few of the national press outlets will see how this "Liquid Crypto Bond" can welcome the wider audience to the crypto world.

As for the platform, we will see a few more companies come online and seek capital, these will be promoted to our base of investors. We continue to listen to feedback, develop and improve the site.

Finally, the Smart Contract development is continuing and will need to undergo two (2) separate audits before release.

Hopefully, you can join us on this journey

[tianyi321]

how much is your soft and hard cap? Can anyone take part in the pre sale? what is pre-sale minimal size of investments?

[CrowdforAngels]

how much is your soft and hard cap? Can anyone take part in the pre sale? what is pre-sale minimal size of investments?

We do not have a soft cap as we can utilize all funds raised but we have set a hard cap of £50 million. Anyone can take part in the pre-sale, however, there is a minimum investment of £5,000. This can be in Fiat, BTC, ETH, DASH and LTC

It should be worth noting that the investment is through the platform and investors will need to complete KYC checks upfront.

[kyanscadiel]

You mentioned about the funding facility fee, what percentage of angel token it would be? Do you think this is canvenient for the investors? I think i'd better walkthrough your white paper to understand more of the project.

[hadang]

ANN too short, very little information. When will the pre-ICO start and the minimum amount of money can be invested into the project? What is the value of the token?

[CrowdforAngels]

You mentioned about the funding facility fee, what percentage of angel token it would be? Do you think this is canvenient for the investors? I think i'd better walkthrough your white paper to understand more of the project.

The Funding Facility Fee, is a fee that companies pay to Crowd for Angels for raising capital for them. The fee ranges from 2% to 4% for a bond and 6% for equity of the amount raised through the platform (https://crowdforangels.com/fees). Companies will need to pay 1% (up to 50% of the fee) of the funds raised in Angel Tokens.

This will mean that the tokens will need to be purchased in the market, creating demand and a price for the token.

Once Crowd for Angels receives the tokens, rather than selling them back to the market to collect our fee in Fiat, we will sacrifice this part of our fee and take the tokens out of circulation.

[CrowdforAngels]

ANN too short, very little information. When will the pre-ICO start and the minimum amount of money can be invested into the project? What is the value of the token?

The pre-ICO launched on the 23rd November and will be open until the 29th December. The minimum investment in this round is £5,000 and for every £1 invested the investor will receive 99 ANGEL tokens.

There is no nominal value to the token at issue, however, the bond that is issued is worth £1. Bonds will be issued at £0.98 in the £1 at pre-sale (2% discount) for those investing above £90,000

[quadcopter]

can you explain the roadmap about this project??

[CrowdforAngels]

can you explain the roadmap about this project??

Certainly, We are an already established platform that has been funding companies the traditional way of reaching out to investors for individual projects for a number of years. Therefore the Roadmap focuses on raising capital, deploying the tokens and delivering returns.

• November - Launched Pre-ICO
• Jan 2018 - Release Tokens to Pre-ICO investors
• Jan 2018 - First round of funds begin to be deployed into companies and fees begin to be paid
• Jan 2018 - Open ICO to the Crowd
• Feb 2018 - Tokens available to be traded on 3 exchanges
• Feb 2018 - Second round of funds begin to be deployed
• Jan 2019 - First bonds mature and funds re-invested
• 2022 - £1 Billion worth of bonds funded via the platform

We hope that as we fulfil more bonds via our platform and the ecosystem grows, the fees will increase thus delivering strong returns to investors holding the tokens. These tokens then can be used as a store of value, used to purchase investment on Crowd for Angels or freely traded.

[francesyrus]

On its road map..

Feb 2018 - Tokens available to be traded on 3 exchanges

What are this 3 exchanges?


Hoping for the success of Angel. More power to the team!!!

[CrowdforAngels]

On its road map..

Feb 2018 - Tokens available to be traded on 3 exchanges

What are this 3 exchanges?


Hoping for the success of Angel. More power to the team!!!

We have reached out to GBX, Gatecoin and Liqui as preferred choices, but we are contacting others to increase the number of exchanges. We are also very fortunate that we have an internal exchange for our bonds which investors can use. We hope to add the ANGEL coins to that as well.

Thank you for the vote of confidence!

[Mysterious01]

I visited your website to look for more information as the post is very limited one. So your team is from UK and you launched last 2014.
Why it takes you almost three years before launching this ICO?

[CrowdforAngels]

I visited your website to look for more information as the post is very limited one. So your team is from UK and you launched last 2014.
Why it takes you almost three years before launching this ICO?

First, thank you for visiting the website (crowdforangels.com). To answer your questions, Yes, we are a team that is based in the UK and had launched the platform in 2014.

As we mentioned in the whitepaper, the funds aren't being raised to establish or develop the company. This critical part has already been taken care of and we are an operational and regulated crowdfunding platform. We actually started looking at the crypto world, to allow international investments into companies on our platform via a crypto payment gateway. This has then lead to the creation of the Liquid Crypto Bond (Our ICO), with all the funds raised being used to invest in companies via the platform.

In turn, we will increase revenues and increase fees, which will deliver value back to the token holders.

[modmalaney]

This is great, ANN looks simple but all questions answered by its dev. Good project and good luck.

[CrowdforAngels]

This is great, ANN looks simple but all questions answered by its dev. Good project and good luck.

Thanks for the Support! And i'll get some of the other team members to jump on as well

Andrew @ CfA

[hynext]

I read your whitepaper but in the use of funds, I saw chart with investor, bond and company. In security type what is the third party asset?