Ember Fund

Ember Fund

Invest like a cryptocurrency hedge fund with only $300

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Security Type
SAFE
Categories
Other
Min Investment
$100
Location
Los Angeles, CA
Offering Date
January 01, 0001
Expected Close Date
November 02, 2019
Target Raise
$25.00K-$1.07M
Deal Notes

$1.00 per share

15% discount

Company Description

Ember Fund is the first, global mobile app that allows users to easily invest in pre-vetted cryptocurrency portfolios in just a few taps, without holding user assets. Follow the trades of experts in just one tap

Perks

Invest $500 Receive $500 Crowd SAFE + Up to $25 in trading fees waived on your first deposit in Ember Fund (Offer expires 12/20/19) + Name on our website as an early investor (optional)
Invest $1,000 Receive $1,000 Crowd SAFE + $25 in Bitcoin sent to you at the end of campaign in app (Offer expires 12/20/19) + Name on our website as an early investor (optional)
Invest $1,000 Receive $1,000 Crowd SAFE + Name on our website as an early investor (optional) + $100 in Bitcoin sent to you at end of campaign (Offer expires 11/22/19)
Invest $5,000 Receive $5,000 Crowd SAFE + 1:1 Call with the founding team to answer any questions about metrics, roadmap, etc + Name on our website as an early investor (optional) + $500 in Bitcoin sent to you at end of campaign (Offer expires 11/22/19)
Invest $10,000 Receive $10,000 Crowd SAFE + 1:1 Call with the founding team to answer any questions about metrics, roadmap, etc + Name on our website as an early investor (optional) + Ongoing direct email & phone communications with CEO + $1000 in Bitcoin sent to you at end of campaign (Offer expires 11/22/19)
Invest $20,000 Receive $20,000 Crowd SAFE + 1:1 Call with the founding team to answer any questions about metrics, roadmap, etc + Name on our website as an early investor (optional) + Ongoing direct email & phone communications with CEO + Trading fees refunded (up to $1000) + $2000 in Bitcoin sent to you at end of campaign (Offer expires 11/22/19)

Key Deal Facts

1st app that allows anyone to invest in a managed cryptocurrency portfolio
Partnership with #1 Crypto influencer on Quora (35M+ answer views)
Partnership with top Crypto influencer on YouTube (320,000+ subscribers)
$10M+ in transaction volume within 9 months of launch
Generating on average $150 of revenue per user per year with $50 CPA
Client-side encryption that allows Ember Fund to be non-custodial
Launching multiple innovative DeFi products Q4 2019

Management Team / Advisory Board Bios

Alex Wang
CEO

Guillaume Torche
CTO

Mario Lazaro
CIO

Deal Notes

$1.00 per share

15% discount

Amount Raised : $280,732
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Business Idea
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
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Valuation

Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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