Nin Ventures has always been innovative and receptive to the changes; now the organization has decided to embrace Bitcoin. Earlier last year it had launched its new investment crowdfunding platform which aimed to transform the VC industry by creating an online marketplace for accredited investors leveraging Title II of the JOBS Act.
As the official website of the Chicago based Nin Venture says that the organization went on to launch its own crowdfunding round on Crowdfunder for its “next generation tech fund” its aim has always been to remain updated about the technology. Created by Harvard Business School graduate Nin Desai, the organization is moving forward with Bitcoin.
According to Nin Desai, historically venture capital ismwas the domain of the wealthy and a handful of institutions who could afford to invest $5 million+ in a venture fund. She says that NIN Ventures’ goal is to make venture capital an asset class for everyone. Her organization is trying to bring in unique and innovative solutions for its clients.
For instance, NIN.VC is a unique web based opportunity for ‘accredited investors’ to invest in a venture capital fund with a minimum amount of $100,000. Nonetheless, she says that now Nin wants to innovate further by accepting digital currency Bitcoin as according to her by offering multiple alternatives, it is showing the commitment it has for clients.
She says that Nin Ventures is committed to making it easier for the investors to tap into venture capital. Also, according to her there are many vendors that accept Bitcoin and various places where Bitcoin owners can spend but NIN Ventures is a unique opportunity for them to invest. Nin Ventures will be using SnapCard.
Make the Process Easy for Users to Use Bitcoin
Talking to media professionals Michael Dunworth, CEO of SnapCard added that NIN Ventures is a trailblazer in its field and our aim at SNAPCARD is to make it easier for owners to use digital currencies, so the partnership just made sense. He says that he believes Bitcoin can add great value to the investing process.
Michael Dunworth added that opening up new doors and industries for consumers to use Bitcoin is something that the company focuses on, so it is excited to bring this to the community. Nin Ventures and BitcoinNIN Ventures states it is the first of its kind technology venture capital fund to be raised via internet.
Nonetheless, clue is that NIN Ventures will invest in financial services technology, education software, internet and digital media, mobile communication, cloud computing, 3-D printing, and other path-breaking technology companies in the United States to have an edge over other companies.
To contact the reporter of this story: Deepak Tiwari at firstname.lastname@example.org