How does angor work?
What traction is there thus far?
Can you share a recent podcast appearance for me to check out?
Bitcoin is Savings. However, you can prudently use your Bitcoin to invest in projects which you think are add value to the society.
While the savings part is taken care of inherently by the Bitcoin protocol. We, at nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgwwaehxw309ahx7uewd3hkctcpr3mhxue69uhkyatrddjhgtnrdaexzcmvv5h8xmmrd9skctcpzpmhxue69uhkummnw3ezumt0d5hsz8thwden5te0dehhxarj9e3xjarrda5kuetj9eek7cmfv9kz7qpqwrzguj625auyeysfuuxzf7ywhzlwfz9gm3fml2lul72gwqxw8n9s4x9vq7 have gone a step further to build a protocol using #Bitcoin & #Nostr, which together serve as a bedrock for transparent and responsible investing.
If you're an upcoming business or an entrepreneur using Bitcoin as your unit of account and medium of exchange - Angor will help you unlock your true potential!
h/t: nostr:nprofile1qqs043gn588da502h36q0sffjay9m69mk28dmm805qtgzl7g6n6q0fgm3e3d3
Discussion
The way Angor works is when an investor commits funds the investor still has control over those funds, the Bitcoin becomes locked in to time-based milestones (using timelocks and multisigs) the bitcoin get released over time to the founder, at any point the investor can exist the project and claim back any milestone that was not spent yet, however that will incur a penalty for the investor in the form of a timelock, the Bitcoin will be locked for a predefined time before the investor can access it.
Traction? we are slowly releasing more stable versions to mainnet, and looking for projects to use Angor when raising funds, we even have a dedicated small fund for investing in interesting projects.
Check out angor hub https://hub.angor.io to see current projects
No podcasts yet
Sounds a very interesting concept
Let me do some research