Ember Fund, an app that promises to enable users to invest in a managed crypto portfolio – just like a hedge fund, is raising money on Republic.
Ember Fund claims to be the first app to provide this type of service while providing a secure and safe way to invest in crypto.
Investing in crypto is filled with landmines. Scams, lack of transparency and unfair competition says Ember, makes crypto investing quite risky.
“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.”
Part of the Ember Fund’s benefits are its apparent association with a Quora crypto influencer and top YouTube name.
So what do you get if you invest? Ember Fund is offering a SAFE at a 15% discussion with a $5 million valuation. Ember Fund is seeking a minimum amount of $25,000 and up to the Reg CF cap of $1.07 million. Today, the offering has raised $143,600 from 278 individual investors.
Since the end of 2018, Ember Fund reports that it has received “massive traction” and has processed over $10 million in transactions.
The Form C filing is available here.
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