Defying Web3โs digital-first principles, BitAngels is carving out a unique role in the digital asset space by betting on in-person networking and live pitching events to drive growth. While much of the Web3 community remains firmly online, BitAngels has repeatedly demonstrated success in fostering innovation by connecting blockchain leaders through face-to-face competitions.
The Genesis of BitAngels
Founded in 2013 by cryptocurrency pioneers Michael Terpin and David Johnston, BitAngels has carved out a unique space in the blockchain investment landscape. Launched as one of the first organized networks for digital asset investors, the initiative aimed to address the growing demand for structured funding in the rapidly expanding cryptocurrency sector.
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From its inception, BitAngels aimed to establish a platform where investors and blockchain entrepreneurs could connect to support innovation and growth. By hosting live pitching competitions and networking events, BitAngels created opportunities for blockchain projects to engage directly with investors. This approach has contributed to shaping funding practices in the Web3 sector, focusing on collaboration and merit-based recognition.
The Power of In-Person Networking
In an age where digital communication dominates, BitAngels has found success by prioritizing in-person interactions. The organization has shown that even brief, face-to-face pitching sessions can build trust and lead to long-lasting relationships between investors and founders.
This focus on live networking events sets BitAngels apart in the blockchain investment space. While online platforms facilitate initial connections, the subtleties of body language, the energy of in-person conversations, and the trust built through direct engagement remain crucial. For entrepreneurs, BitAngels’ events offer a valuable opportunity to pitch their ideas to potential investors, get immediate feedback, and gauge investor reactions in real-time.
BitAngels Brings Web3 Together in Bangkok
StratEx, a DeFi protocol, recently made a notable debut at BitAngels’ pitching competition during Thailand Blockchain Week in Bangkok. The company’s Head of Business Development, Jack Hartley, presented a compelling pitch that resonated with both judges and the audience. Backed by a team of experienced Web3 entrepreneurs, StratEx took first place in the competition.
StratEx is one of several emerging projects that have gained early-stage recognition and key connections through BitAngels’ pitching events, providing them with opportunities to secure financial support and expand their networks.
On the Flipside
- Thereโs a growing trend of Web3 communities operating entirely in digital spaces, where digital networks still matter.
Why This Matters
As the Web3 space grows increasingly digital, the focus on in-person connections remains crucial for supporting global blockchain adoption. By bringing together entrepreneurs, investors, and the wider blockchain and DeFi communities, companies have the opportunity to bridge the gap between digital technologies and personal interaction, creating a blend of traditional networking and modern innovation.
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