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RE: DTube Fundraising’s experience with VCs (and our next move…)

in #dtube6 years ago

Great insights on fundraising options and pitching Steem to potential investors! I hope the Steem Business Alliance @steemba is listening :-)

Banks and crypto are not working very well together yet :-)
I'd recommend you to not open a bank account as 'crypto business' (i made that mistake, too, first), but rather as a business that's operating online. From a legal perspective (at least here in Europe) you're effectively an internet startup that offers services on the internet. You can use services such as https://www.opennode.co/ in order to turn crypto income into fiat then.

Can't wait to personally talk with you guys about selling and marketing Steem in May at the @dtube.forum :-) Is the whole team planning to come to Barcelona?

Have a great day and keep on rockin'.

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I'll be in Barcelona probably as it's pretty close to home, I dont know about others who are further from it.

Hi, thanks for the support here! Actually the problem with banks are not around opening a corporate bank account but more receiving significant Fiat amounts transfers from crypto exchanges (those get blocked).
I'll talk to @steemba, thanks!

Yeah, I made the same experience with those transactions. Since the new money laundering laws were enacted it’s even more complicated.

Maybe you just need to build your own bank ;)

Bitgold baby!

They’re based in Canada, right? Does that work for us Europeans?

Definitely I like the idea of having a bank license. Apparently Malta facilitates that, but not for now... ;)

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