On-chain AngelList: A New Era of Encryption Private Sale Financing

Private sale financing is essentially a financial transaction, but it involves a lot of complex and specialized work and collaboration. From an investment perspective, it typically requires going through four stages: fundraising, investment, post-investment management, and exit, involving tasks such as entity registration, investor management, financial management, and due diligence. From a financing perspective, startups also need to carry out complex tasks such as entity registration, financing planning, and equity management. These tasks often exceed the professional capabilities of the participants, requiring additional costs and bringing in more collaboration.

AngelList is an online toolkit that serves private sale investment and financing, abstracting complex tasks into various components and programs, allowing global users to efficiently participate in related business processes. It has significant advantages such as improving efficiency, expanding boundaries, and reducing costs, representing a paradigm shift brought about by technological transformation in the industry.

Cryptocurrency has brought new challenges to private sale financing, such as capital risk, default risk, and so on. However, it has also brought new opportunities. Crypto private sale financing can be seen as a coin-to-coin transaction within the same accounting system. Through smart contracts, programmable money, and other technological features, it can constrain both parties in a transaction without relying on traditional trust mechanisms, ensuring the rights and interests of all parties.

We can build an on-chain toolset for investment and financing, creating corresponding smart contracts for each transaction link and enabling free combinations. This not only provides trustless transaction guarantees but also standardizes the private sale investment and financing process, allowing individuals without professional knowledge to easily complete related tasks. This represents a new paradigm shift brought by blockchain technology to private sale investment and financing.

Currently, multiple projects are promoting the vision of "Onchain Ventures." In the future, as the private sale investment and financing industry for encryption improves and becomes standardized, these products serving encryption investment and financing are expected to shine.