Ternio BlockCard on Republic

The platform to move money instantly

Raise to date: $417,760

Reporting Date: 03/31/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

11/08/2019

Stop Date

04/30/2020

Days Remaining

26

Security Type

SAFE

Investment Minimum

$100

Deal Type

Top Deal


Investment Summary

Status

Active

# of Investors

1,587

% of Minimum Raised

1,671%

% of Maximum Raised

39%

Dollars Per Day to Reach Max

$25,086

DPD* Committed

$2,901

DPD* Category

$0

DPD* All Companies

$894

Kingscrowd Momentum

$417,760

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Ternio BlockCard, with a valuation cap of $15 million, is raising funds on Republic. The company provides a platform for the customers to move money instantly, with real-world application of blockchain and cryptocurrency. Ternio’s BlockCard allows users to buy using their cryptocurrency at about 50 million merchants. Ternio BlockCard was founded by Ian Kane and Daniel Gouldman in January 2018 and has raised $300,000 since its inception. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000, and the funds will be used for marketing, product development, and adding more staff. Ternio BlockCard is already a profitable company, with more than $1 million in revenues in 2018. BlockCard has 11 enterprise partners white-labeling it.

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