30s Summary

Timestamp, a new crowdfunding platform, has launched in the U.S. aiming to connect Bitcoin startups with potential funding sources. This open-to-all platform offers stakeholders equity in backed companies while ensuring regulatory compliance. Startups can “soft launch” campaigns and transition to traditional public offering after legal formalities. As a SEC registered U.S.-based platform, Timestamp plans to accept Bitcoin payments by 2025. With a focus on Bitcoin-oriented ventures, it’s currently hosting fundraisers for five startups. Despite a 20% Q3 2024 drop in crypto startup venture capital funding, Timestamp plans to build infrastructure for sustainable Bitcoin ecosystem development.

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So, here’s the scoop. There’s a new crowdfunding platform dedicated to Bitcoin startups, called Timestamp, which just launched in the U.S. What’s cool about it is it helps connect new crypto projects to possible sources of funding. It doesn’t matter whether you’re an experienced investor or someone just starting out in the investing field, it’s open for everyone.

Just like in traditional equity investing, investors get a stake in the backed companies. This arrangement not only gives investors real ownership, but also ensures full compliance with regulations, says Arman Meguerian, the big boss at Timestamp.

For startups, Timestamp offers an alternative to traditional venture capital funding options. They charge a 7% commission on successful campaigns, but don’t sweat, there’s no sting with upfront fees. Startups can first “soft launch” with a campaign page to create hype and then, after wrapping up the legal stuff, they can officially go public.

Just so you know, when it comes to equity offerings, the U.S. Securities and Exchange Commission (SEC) calls the shots. Timestamp has been registered with the authority since October 2023, you can check public records if you want to confirm.

Being both a U.S.-based platform registered with the SEC and FINRA ensures we work within a clear regulatory framework while giving founders exposure to a global network of Bitcoin-focused investors, shares Meguerian.

Although exclusively focused on Bitcoin-based ventures, you can only sink your cash in using fiat currency. However, it’s not all doom and gloom. The company is busy working with regulators and banking partners to warmly embrace Bitcoin payments come 2025.

Since the launch of the Ordinals protocol in 2023 and the green light for Bitcoin-based spot exchange-traded funds (ETFs) early 2024, the Bitcoin ecosystem has seen an exciting boost in innovation. There has been a surge in startups working on solutions around the Bitcoin network, backed by institutional investors’ interest in Bitcoin.

Currently, five startups are raising capital on the Timestamp website. They’re doing everything from developing Bitcoin wallets and payments to creating a Bitcoin version of Pokémon Go. “We’re creating the required infrastructure for sustainable Bitcoin ecosystem development,” states Meguerian.

Crypto startups have raised $2.4 billion from venture capital firms in the third quarter of 2024, a 20% drop compared to the previous quarter, according to Galaxy Research. So there you have it. Pretty exciting developments. A lot to look forward to in the crypto space.