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NewsBTC 2021-09-27 16:55:41

Waggle Network Curates Crypto Investment Opportunities for Regular Retail Investors

Recent fundraisers by NFT startups Dapper Labs and Sorare saw venture funding in crypto startups surpass $19 billion so far this year, almost triple last year’s figure ($6.4 billion) – with Q4 still to come. Despite these record-breaking numbers, many would-be investors still find themselves on the outside looking in, with the same dozen or so blockchain-focused wealth funds invariably bootstrapping every promising early-stage venture that comes along. Last year, just 22% of investments in the crypto space had no VC involvement at all – and that percentage is only getting lower. More often than not, these heavyweight hedge funds are simply better connected than ordinary retail investors and with much deeper pockets. Although initial decentralized exchange offerings (IDOs) represent a golden opportunity for little guys to invest in a project they believe in, even they’re becoming painfully oversubscribed. Helping Regular Investors Take Part in Crypto’s Gold Rush Into this milieu comes Waggle Network, a project committed to promoting the participation of more retail investors in the cryptoconomy. As far as Waggle is concerned, the prospect of outsized returns should not be limited to a core group of privileged private equity firms, but rather democratized to all retail investors keen to bankroll their favorite projects. Ironically, the multi-chain marketplace protocol was launched by a team of VC veterans from launchpads on Sola...

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