“The GO Philly Fund intends to utilize rapidly emerging standard technologies to streamline and manage investor interests in the fund…Through the use of blockchain technology, we are now facilitating and streamlining individual investor participation from around the globe while allowing for cryptocurrency to be accepted.”
Securitize CEO and co-founder Carlos Domingo told CoinDesk via a spokesperson:
“GO Philly Fund has been a trailblazer, not only in the blockchain space, but also as an impact fund. We are proud to be partnering with them as their technology provider.”
The GO Philly Token is built on top of the ethereum blockchain and is available for purchase by accredited investors at $0.50 apiece, in dollars, bitcoin or ether. However, the token’s minimum buy-in is $250,000. GO Philly is purportedly looking to raise another $35 million by selling GO Philly Fund tokens to accredited investors.
Image Source: Stock Photo Secrets
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