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Category Archives: CrowdWiz News

CrowdWiz begins its ICO for a democratized investment platform, allowing participants to pay with a credit card for the first time

TALLINN, ESTONIA, November 20, 2017 — CrowdWiz, a fully decentralized crowd wisdom powered investment platform, announces today the start of an ICO for the WIZ token. The ICO has a hard cap of $20 million. CrowdWiz had previously successfully raised over $5 million in its public pre-sale, as well as released a demo of an alpha, that shows how the platform will operate. CrowdWiz democratizes the investment industry, giving the power back to the people, and reducing the power of financial institutions like banks, funds, and exchanges. These institutions work as a monopoly, burdening users with high fees under a protective umbrella provided by the regulatory system. CrowdWiz plans to change all this by adding democratic features to the investment process, including the introduction of the first credit card processing solution for an ICO.

In line with its attempts to bring transparency and fairness to the investment world, CrowdWiz’s ICO will feature the first credit card processing solution, meaning that for the first time, participants can use credit cards to purchase tokens during an ICO.  Unlike other ICOs, CrowdWiz makes the blockchain convenient for the average consumers, many of whom have never even heard of an ICO. CrowdWiz’s plans to include a credit card payment option compliments its desire to democratize the investment process. Similar to the investment world, in which wealthy or seasoned investors usually get better deals, it’s the cryptocurrency experts who already own ethereum or bitcoin that have been able to participate in the myriad of ICOs we’ve seen recently. CrowdWiz wants anyone to be able to invest in its ICO, regardless of how much or little they know about crypto, just as the company wants to make the investment process fair and open to all.

CrowdWiz is powered by Krypton Software, a division of leading fintech software company, TRADOLOGIC. The fintech software giant recently launched this cryptocurrency division, with a team of over 60 dedicated personnel and an existing backbone that transacted over 3 million items/actions.

CrowdWiz is an entire ecosystem that shifts the power away from intermediaries, who may have conflicting or undisclosed personal interests, and puts it back where it should be – with the investors themselves. The platform uses the wisdom of the crowd to make investment decisions, as under the right circumstances large enough groups tend to make remarkably good decisions and are often smarter than the smartest people in them. Thus, the wisdom of the crowd produces the best and most promising company to invest in.

The platform solves the problems associated with traditional investment funds, which often include high entrance costs, large fees, and little to no transparency. The ethereum based platform offers its users:

  • Little to no fees
  • Complete transparency
  • Self governance on a democratic investment platform
  • The ability to vote and join smarter investments
  • A safe place to invest, as the crowd can protect itself from fraud
  • The ability to profit from financial services
  • Multiple uses for the WIZ token – investment, trading, insurance, lending, etc.

Trade on the platform will be processed via the WIZ token, which will enable token holders to fund, invest, vote, propose, open their own investment funds, decide the nature of the tradable goods within the ecosystem, and more. For simplicity of use, the platform offers several easy to use tools and apps with a robust set of functions: WizFund Platform, WizVote, WizExchange, WizTrader, WizInvestment, and WizStore

“The CrowdWiz ICO is officially live! After already raising over $5 million in its presale, we are all very excited to see how the ICO goes” said Slavena Savcheva, Co-Founder and and Head of Business Development & Marketing for CrowdWiz. “I believe our inclusion of a credit card processing option truly shows that CrowdWiz is dedicated to fair and equal opportunities for all, especially when it comes to the investment world.”

CrowdWiz successfully raises over $5 million in its pre sale to bring democracy to investing by cutting out the middleman

TALLINN, ESTONIA, October 20, 2017 — CrowdWiz, a fully decentralized crowd wisdom powered investment platform, has successfully raised $5,389,945 in its public pre sale for the WIZ token. CrowdWiz has also released a demo of an alpha, that shows how the platform will operate. The public presale for the WIZ token will be followed by an ICO on November 20. CrowdWiz democratizes the investment industry, giving the power back to the people, and reducing the power of financial institutions like banks, funds, and exchanges. These institutions work as a monopoly, burdening users with high fees under a protective umbrella provided by the regulatory system. CrowdWiz plans to change all this by adding democratic features to the investment process.

CrowdWiz is powered by Krypton Software, a division of leading fintech software company, TRADOLOGIC. The fintech software giant recently launched this cryptocurrency division, with a team of over 60 dedicated personnel and an existing backbone that transacted over 3 million items/actions.

CrowdWiz is an entire ecosystem that shifts the power away from intermediaries, who may have conflicting or undisclosed personal interests, and puts it back where it should be – with the investors themselves. The platform uses the wisdom of the crowd to make investment decisions, as under the right circumstances large enough groups tend to make remarkably good decisions and are often smarter than the smartest people in them. Thus, the wisdom of the crowd produces the best and most promising company to invest in.

The platform solves the problems associated with traditional investment funds, which often include high entrance costs, large fees, and little to no transparency. The ethereum based platform offers its users:

  • Little to no fees
  • Complete transparency
  • Self governance on a democratic investment platform
  • The ability to vote and join smarter investments
  • A safe place to invest, as the crowd can protect itself from fraud
  • The ability to profit from financial services
  • Multiple uses for the WIZ token – investment, trading, insurance, lending, etc.

Trade on the platform will be processed via the WIZ token, which will enable token holders to fund, invest, vote, propose, open their own investment funds, decide the nature of the tradable goods within the ecosystem, and more. For simplicity of use, the platform offers several easy to use tools and apps with a robust set of functions: WizFund Platform, WizVote, WizExchange, WizTrader, WizInvestment, and WizStore

CrowdWiz’s public pre sale lasted for 72 hours, giving participants to the pre-sale the option to get an exclusive 20% bonus of the token. The demo alpha shows how WIZ holders will be able to create IFOs, invest in funds, participate in investment crowds, and more using the token. Additionally, CrowdWiz has partnership with TaaS Fund, a fund that specializes in ICO investments, as well as the first ever tokenized closed-end fund dedicated to blockchain assets.

“We are thrilled to announce that CrowdWiz has already raised over $5 million in its presale,” said Slavena Savcheva, Co-Founder and and Head of Business Development & Marketing for CrowdWiz. “The proceeds raised in the presale will go towards the development of the WizFund Platform, the first of many steps in democratizing the investment process.”

About

Founded in 2017, CrowdWiz uses a crowdsourced decision making process as an alternative to traditional investment funding. Using the wisdom of the crowd, rather than fund managers, banks or middlemen, CrowdWiz is a decentralized and completely transparent crypto investment platform based on the ethereum protocol. The platform is powered by Krypton software, a division of leading fintech software company, TRADOLOGIC. Users of CrowdWiz will use the company’s WIZ token, to vote on specific assets they want funded . The platform then distributes the funds based on the majority opinion of the crowd. CrowdWiz solves some of the issues associated with traditional funds today, such as high entrance costs and large fees. CrowdWiz hopes to make the trading process not only fun and easy, but also efficient, profitable, and completely transparent.

CrowdWiz Launches Fully Decentralized Crypto Investment Platform So You Can Cut Out The Middleman

TALLINN, ESTONIAAugust 2017 — CrowdWiz.io, a fully decentralized crowd wisdom powered investment platform, announces today the launch of its Initial Coin Offering (ICO), which will take place in mid September. CrowdWiz is powered by Krypton Software, a division of leading fintech software company, TRADOLOGIC. The fintech software giant recently launched this cryptocurrency division, with a team of over 60 dedicated personnel and an existing backbone that transacted over 3 million items/actions. During the ICO, potential investors will be able to purchase CrowdWiz’s WIZ token. The proceeds from the ICO will be collected and used to form the general pool of funding money for the platform. Using the wisdom of the crowd, users will use the WIZ token to vote on a specific asset, in effect using crowdsourced information to fund certain projects. CrowdWiz fund allows the crowd, not fund managers, banks or middlemen with conflicting interests, to decide on how the general fund is spent.

Rather than putting your money into the hands of unknown or third party fund managers, CrowdWiz allows the community as a whole to control the pool of money. For example, CrowdWiz’s users might offer two companies to invest in, Company A and Company B. Each individual user casts his or her vote in the form of WIZ tokens for whichever company he/she thinks is a better investment. Initial buy-ins for the vote can vary, and return investments will differ in size per user based on the original investment. The platform then distributes the funds based on the majority opinion of the crowd. In this case, the wisdom of the crowd produces the best and most promising company to invest in.

CrowdWiz plans to bring fairness and transparency to the market by using the wisdom of the crowd, as under the right circumstances large enough groups tend to make remarkably good decisions and are often smarter than the smartest people in them. Eventually, token holders will be able to use WIZ to for funding, exchange, lending, insurance, and more as more features are rolled out in the upcoming future.

CrowdWiz is an entire ecosystem that shifts the power away from intermediaries and puts it back where it should be – with the investors themselves. The platform solves the problems associated with traditional investment funds, which often include high entrance cost, large fees, little to no transparency, and often conflicted and undisclosed personal interests. The ethereum based platform offers its users:

  • Little to no fees
  • Complete transparency
  • Self governance on a democratic investment platform
  • The ability to vote and join smarter investments
  • A safe place to invest, as the crowd can protect itself from fraud
  • The ability to profit from financial services
  • Multiple uses for the WIZ token – investment, trading, insurance, lending, etc.

Aiming to continue the fight against monopolies and regulation, CrowdWiz has begun planning and developing their next venture, CrowdWiz Exchange, an exchange managed by token holders who decide what assets will be listed on the exchange. CrowdWiz exchange uses the crowd to eliminate fraud. By leveraging transparency and the wisdom of the masses, adding other decentralized investment platforms to their solutions portfolio will add continued value to the token.

“We are extremely proud to be launching a fully decentralized and democratic investment platform on ethereum,” said Slavena Savcheva, Co-Founder and Head of Business Development & Marketing for CrowdWiz, “There is a big problem in the investment world today, in which fund managers overcharge for fees and sometimes withhold certain information from clients. CrowdWiz will change all this – giving the smart crowd, not a biased third party, the power to ultimately decide how their money is invested.”

About

Founded in 2017, CrowdWiz uses a crowdsourced decision making process as an alternative to traditional investment funding. Using the wisdom of the crowd, rather than fund managers, banks or middlemen, CrowdWiz is a decentralized and completely transparent crypto investment platform based on the ethereum protocol. The platform is powered by Krypton software, a division of leading fintech software company, TRADOLOGIC. Users of CrowdWiz will use the company’s WIZ token, to vote on specific assets they want funded . The platform then distributes the funds based on the majority opinion of the crowd. CrowdWiz solves some of the issues associated with traditional funds today, such as high entrance costs and large fees. CrowdWiz hopes to make the trading process not only fun and easy, but also efficient, profitable, and completely transparent.