TL;DR
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Thunder Funder allows retail investors to buy-in to early stage Bitcoin-related companies, while those same companies can crowd raise up to $5M in funds (all while staying compliant with regulations).
Full Story
You know the term ‘picks and shovel businesses’?
It exists because in the Californian Gold Rush of the mid-1800’s, it wasn’t the gold miners that made the greatest fortunes, but the folks providing products/services to the miners.
(E.g. Wells Fargo, which provided shipping and banking services).
Yeah, well — pick and shovel businesses are still generating massive wealth for their owners in the modern day.
See: Jeffrey Preston Bezos’ Amazon, which makes more from its internet services business than it does from its retail business (wild!).
…and we’re seeing the same thing start to take shape in the crypto space, where the sum of the services supporting crypto are producing higher returns than most cryptocurrencies themselves.
Which is why this Thunder Funder crowdfunding portal caught our eye.
Take GoFundMe, tweak it so only Bitcoin-related companies can pitch their products, and you’ll have a pretty good idea of what Thunder Funder is.
The platform allows retail investors to buy-in to early stage Bitcoin-related companies, while those same companies can crowd raise up to $5M in funds.
(All while staying compliant with regulations).
The takeaway:
Anyone/everyone can now get direct exposure to the modern day gold rush.
(Not just insiders).
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