Simple-to-use personal hardware security wallet for self-storage of Bitcoin and other digital assetsNot a week goes by in the crypto world without another report of funds being lost, stolen or compromised with little or no possibility of recovery. The poor UX of current solutions has led to investors using less secure storage options that put their funds at risk of theft. Cold Storage (i.e hardware wallet) should be considered as an option for everyone who is managing digital assets. Current hardware wallets are akin to the cellphones in 90s -- they work for their intended purpose, but are inconvenient to use, lack advanced functionality, and are overpriced given the hardware involved. For widespread adoption of blockchain
technology and cryptocurrency, investors and consumers need on... [Read More]
A Crowd Note modifies the typical convertible note so that the crowd does not automatically convert to equity shareholders.
October 18, 2019
January 16, 2020
Research & Development: 40%
Alex has over 17 years’ experience in developing and commercially distributing hardware device. The past 6+ years his focus has been on consumer mobile connected devices via Bluetooth and mobile applications, with the most recent product being www.reelsonar.com a wireless mobile connected fish finder to help you catch fish. Alex holds MS, Biomedical and MBA Finance/Marketing
Matt has over 10 years’ experience in commercial banking with focus on bringing FinTech technology products and services to market. Matt holds a BS in Finance.
Round type: Seed Round size: US $750,000 Minimum investment: US $1,000 Target Minimum: US $500,000 Security Type: Crowd Note Conversion discount: 20.0% Valuation Cap: US $7,000,000 Interest rate: 7.0% Note term: 24 months Closing conditions: While GILDI Wallet has set an overall target minimum of US $500,000 for the round, GILDI Wallet must raise at least US $25,000 of that amount through the Regulation CF portion of their raise before being able to conduct a close on any investments below $20,000. For further information please refer to GILDI Wallet's Form C. Transfer restrictions: Securities issued through Regulation CF have a one year restriction on transfer from the date of purchase (except to certain qualified parties as specified under Section 4(a)(6) of the Securities Act of 1933), after which they become freely transferable. While securities issued through Regulation D are similarly considered "restricted securities" and investors must hold their securities indefinitely unless they are registered with the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available. Raised to date: US $200,000 US $0 (under Reg CF only)
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