BnkToTheFuture Offering Shares in Coinsilium In Anticipation for IPO

Crypto-focused crowdfunding platform BnkToTheFuture reports that it is offering shares of Coinsilium Group, which are planned for launch on the London Stock Exchange's Alternative Investment Market (AIM) in August.

Coinsilium reportedly invests in, incubates and advises Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term and Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term-related startups. According to a press release, it currently works with 11 industry startups.

Through its planned IPO on AIM, it is looking to raise another £3 million ($4.6 million), which would double the reported investment received to date. It would become the first Bitcoin industry company to be publicly traded in the UK.

BnkToTheFuture stated in an e-mailed update to members that it has secured a block of pre-IPO shares and will allow qualified investors to get a head start before shares are offered on AIM in August.

The campaign has thus far raised $173,157 out of a sought $773,730, or 22% of its goal, with 2 days remaining. A 3.4% equity in the startup is offered, implying a $22.8 million valuation.

BnkToTheFuture CEO Simon Dixon clarified to Finance Magnates that his company will be buying the shares after they launch publicly, after which they'll be allocated to investors in the current campaign.

Separately, BnkToTheFuture also announced the launch of a new product called StartCOIN, which it says "pays investors daily dividends...that can be used to build your portfolio." On its pitch page, it is referred to as a "Mining Backed Security", whose "rate of dividend depends on the profitability of the mining process."