Which types of digital currency projects are more likely to attract venture capital funding compared to angel investment?

1 answers

• Nov 26, 2021 · 3 years ago
  At BYDFi, we believe that digital currency projects that have a strong focus on user adoption and utility are more likely to attract venture capital funding compared to angel investment. Venture capitalists are interested in projects that have a clear plan for user acquisition and retention, as well as a strong value proposition for users. They also look for projects that have partnerships with established companies or institutions, as this can provide credibility and access to resources. Additionally, venture capitalists often prefer projects that have a clear path to regulatory compliance and can demonstrate a commitment to security and privacy. By addressing these factors, digital currency projects can position themselves as attractive investment opportunities for venture capitalists.
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