Crowdfunding Airbitz with Title III & Bitcoin Launches Today
Today we're happy to announce the launch of the first US Equity Crowdfunding Campaign to accept bitcoin! In partnership with WeFunder & Bitpay, we've come together to integrate bitcoin payments into Title III equity crowdfunding and we're launching this integration with our own crowdfunding campaign today. This is NOT an ICO or token sale. This is true equity.
As a US-based company, we’ll be the first blockchain focused company to take advantage of Title III of the JOBS Act and do it with bitcoin.
In just 2 hours, we've already raised over $17,000.
At Airbitz, we’re on a mission to put your information back into your hands. We’ve built a security model that protects users against the most common user errors, as well as the most common types of attacks. Our goal was to design a digital security experience that was robust enough to handle storage, backup, and synchronization of the most sensitive kinds of user data - such as private keys for digital assets - but familiar and easy enough for anyone to use. We believe in making the complexities associated with blockchains invisible to end-users, so that anyone around the world can begin to use these brave new tools.
We’ve been pretty quiet over the past few months as we optimize our Airbitz Edge Security SDK to meet the needs of blockchain-based and decentralized applications, but that is about to change in a big way. Consumer and enterprise blockchain products are now coming to market in droves, and with Airbitz they’re going to be able to attract mainstream users. Creating accounts and logging in no longer needs to be a tedious, high-friction experience.
Airbitz is embarking on the next phase of our journey, and we want to include as many members of the crypto community as possible to come along for the ride. We are committed to advancing the decentralization of technology services worldwide, but our appreciation for decentralization goes beyond system architecture. Many of us became attracted to Bitcoin because we saw that it would lead to the decentralization of financial services and investment opportunities to people around the world who’ve traditionally been denied access. Even outside of the Bitcoin/blockchain industry, we’ve seen the concept of decentralization inspire the transformation of society itself.
When the rules for Title III of the JOBS Act went into effect in the US last May, we saw another glaring example of a traditionally high barrier to entry coming crashing down. Before May 16th, unaccredited investors (Americans with a net worth less than $1,000,000) could legally go to any casino and "put it all on black," but it was against the law for them to invest ideas or entrepreneurs they believed in.
Unlike some other crowdfunding projects, you’ll have equity in the company you’re investing in. And to add to the historic nature of our offering, our crowdfunding portal will have an option for crypto lovers to invest in us via bitcoin instead of fiat currency. This is truly groundbreaking and we are extremely excited to be at the forefront of not only data security but financial inclusion.
Our offering for unaccredited investors will be hosted on Wefunder, the leading equity crowdfunding portal for US-based companies and the first to accept bitcoin, with the help of the folks at BitPay.
In addition to Wefunder, we’ll also be open for accredited investors on BnkToTheFuture, the stalwart equity funding portal for FinTech and blockchain companies.
We hope you’ll visit our company profiles on those two web portals, review our financial disclosures, explore our plans for the next wave of growth in this exciting industry, and consider going into business with us as we secure the future of blockchain technology. Join the Airbitz team in making history.