InvestFeed receives around $4m from ICO

fintech insurtech wealthtech regtech ai cybertech esg news
fintech insurtech wealthtech regtech ai cybertech esg news

Social investor network InvestFeed has reportedly received around $4m after acquiring just over 15,000 ETH in its ICO.

The company plans to continue implementing advanced features and new functionality, according to an article by bitcoin ogile.

InvestFeed is a crowdsourced social network which allows investors to connect and share their portfolio holdings and trades. The platform integrates with brokerage accounts to track all trades and gives everyone access to this information.

Through the platform experienced investors can connect with rookies, users can manage their performance against other similar investors and also gain access to analytics and reporting tools.

In an InvestFeed blog post it said, “When we sought out to create an incentivised, next-generation social investment network for cryptocurrencies, we placed democracy at the centre of our mission. That is why we held our token sale: we understood the importance of placing power directly in the hands of the community. Our development is directly related to community support — and the community has spoken.”

Following the ICO, the company is shutting down its communications via Slack and Telegram and moving to Twitter, Reddit and the platform itself.

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