Celsius Network announces community-based investment round through Bnk to the Future!
Celsius Network is moving on up, and we’re bringing you — the Celsius community — along for the ride!
We’re proud to announce that Celsius is now featured on Bnk to the Future, an innovative investment platform that enables the community to become early-stage investors in their favorite up and coming FinTech companies!
You helped us launch and grow Celsius with our ICO in 2018; you helped us grow the community to over 112,000 users worldwide; you trusted us with your life savings. We want to say thank you by giving you the opportunity to participate in the value creation at Celsius on the equity side as well.
You’re invited to come in on the first round of equity investment. Normally VCs invite you to come in on the last round of investment and sell you shares at obscene profit margins via an IPO or late-stage equity round. This round is offered at $120 million pre-money valuation, compared to Coinbase at $6B or Kraken at $4B.
Our goal is to raise at least $10 million from our community for this investment round and use this capital to continue growing our community, scaling our products, and enhancing our services to provide unprecedented economic freedom for millions around the world.
In addition to our network of community investors, we have also secured $10.5 million in funding from notable strategic partners who see you, the CEL token holder and Celsius user, as an important asset of Celsius. Celsius is excited to share official announcements about these partners in the coming weeks.
We structured this round to make sure we do not change our commitment to return 80% back to our community or change the board or management of the company. Traditional VCs would want control of such decisions to make sure they get to keep all the benefits if this thing gets really big!
Tune in LIVE for our joint AMA with Bnk to the Future happening this Friday, June 12!
About Celsius Network
Celsius Network is a democratized interest income and lending platform accessible via a mobile app. Built on the belief that financial services should only do what is in the best interests of the community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius Wallet and borrow USD against their crypto collateral at interest rates as low as 4.95% APR.
Download the Celsius Network app and start earning interest on your crypto today!