Crowd for Angels has been successfully operating in the UK crowdfunding sector for four years now and is continually making inroads into this lucrative market. In order to turbo-charge its growth the company is now looking to raise up to £50 million via the issue of its “Liquid Crypto Bond”, along with an ICO (Initial Coin Offering) of its ANGEL tokens. But what are the main attractions of the opportunity?
Fixed rate of return
Crowd for Angels will pay annual interest of 4% on the Liquid Crypto Bond. This is a fixed amount of interest which will be paid over the 5 year life of the bond.
Earn your interest tax free
The Liquid Crypto Bond is eligible to be held within the Innovate Finance ISA (IF-ISA) tax wrapper meaning that all interest income can be earned tax free*. The annual individual ISA allowance for the current tax year (to 5th April 2018) is £20,000.
Tokens are issued for free
For every £1 invested in the Bond investors will be issued with up to 99 ANGEL tokens. These tokens are being issued as a reward for investing in the Bonds, at no additional cost to them.
Upside potential of the tokens
Since the ANGEL tokens are being issued for free there is no potential for downside to their value, only upside. To facilitate value in the tokens Crowd for Angels expects to have the tokens traded on external exchanges following their issue. Supporting their value, the company is also committing to buy back the tokens on a regular basis, thus reducing their supply.
Low minimum investment
Investors can take part in the ICO for as little as £100. In addition, as well as fiat currencies, we are accepting payment in cryptocurrencies including Bitcoin, Ethereum, Litecoin and Dash.
FCA regulated business
While the token issue itself is not regulated by the Financial Conduct Authority (FCA), Crowd for Angels is regulated by the FCA. As such, investors can be confident that we are applying our current procedures and best practices to the offer.
For more information on the Liquid Crypto Bond and ICO visit https://crowdforangels.com/company/plc/Crowd-for-Angels-UK-Limited-1031
Investing in debt pitches through Crowd for Angels (UK) Limited involves lending to companies and therefore your capital is at risk and interest payments are not guaranteed if the borrower defaults. Please visit https://crowdforangels.com/risk-warning to read the full Risk Warning.
*The availability of any tax relief depends on the individual circumstances of each investor and may be subject to change in the future.
The prices of virtual goods and products, like real goods and products, constantly fluctuate over time. Any currency, virtual or otherwise, could be subject to large swings in value and at any time might become worthless. ICOs are not regulated by the Financial Conduct Authority.
This article has been approved as a Financial Promotion by Crowd for Angels (UK) Limited (Company number: 03064807), which is authorised and regulated by the Financial Conduct Authority (Reference number: 176508).