- BitAngels has announced it is launching a series of virtual pitch events in order to keep investors connected throughout the pandemic that is the coronavirus.
- The founder, Michael Terpin has said that the network is focused on keeping the blockchain community active and thriving through uncertain.
The first angel networking industry for digital currency start-ups, BitAngels has just announced that it is launching a series of virtual pitch events in order to keep investors connected throughout the pandemic that is the coronavirus.
The founder of BitAngels, Michael Terpin has said that the network’s transition to a fully online model of collaborations and events is focused on keeping the blockchain investment community both active and thriving through these uncertain times on a global scale.
The lockdown across several of the world’s major economies has been seen as unprecedented by many. The founder said that with this new model, the network returns to its roots as a virtual network.
Before the outbreak of coronavirus, the network had grown to operate both online and in-person events hosted on an international level.
For each individual event, the city leaders for the network select a specific number of blockchain start-ups in their region to pitch ideas of new products to investors. So far, the model has reportedly helped numerous initiatives by securing funding from BitAngels members of the past seven years.