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Latin American Seed Capital Fund InvertUP Holds ICO

Mango Startups is launching an ICO for up to $3 million investment in a pool of technology start-ups in the Latin America Market. The Latin American seed capital fund InvertUP, listed in the Costa Rica Alternative National Stock Exchange, intends to release up to 30 million tokens during its Initial Coin Offering through its SPV, Mango Startups, with a nominal token cost per unit is set at $0.10. The pre-sale will begin on the 10th of January, 2018.

The first $1.0 million raised, will be invested in the eight Latin America start-ups held in the InvertUP seed capital fund portfolio, while the remaining funds will be invested in the next batch of start-ups introduced to the fund, from a pool of LATAM top performers. Future investors will have the opportunity to exit their positions in the start-ups to obtain maximum profit, and to trade Mango tokens on the secondary market.

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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