BEE venture capitalists coin an incentive
Cryptocurrency and tax breaks sweeten start-up investment
If a tax incentive doesn't get investors interested in investing in a venture capital company, add some cyptocurrency - and use the profits to encourage angel investing in start-up businesses. An actuary and a chartered accountant have devised a venture capital and cryptocurrency scheme that may be worth considering if you appreciate its noble intentions to support job-creating start-ups. That is because although it does involve the risks of investing in start-up businesses and a new cryptocurrency, there are some features that mitigate those risks. Investors who are prepared to put money in the BEE venture capital company Alumni Energy Investments, started by Shakes Motsilili, receive an allocation of cryptocurrency known as aziza coins, operating on the ethereum cryptocurrency platform. Motsilili is an actuary who headed Momentum Life's actuarial department. The Aziza Coin Foundation will find a buyer for most of your allocated coins (85%) and these proceeds are used to boost the ...
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