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58851
Sugarblock
Chile
Market:
Blockchain
Stage of the project:
Prototype or product is ready
Date of last change:
14.02.2023
Startup.Network
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Sugarblock
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Idea
We help people in Latam to save in digital dollars and cryptocurrencies.
Current Status
Soft Launch. We began working on march 2022 and we have around 700 clients and $350k in AUM
Problem or Opportunity
Local currency devaluation for people. Loss of their wealth.
Solution (product or service)
Platform with best in class UX to [Purchase] [Generate Yield] [Use] and [Inherit] cryptocurrencies in Latam. Hedge in digital dollars.
Business model
We do staking and lending to get an APY for the users and ourselves. We are adding more revenue streams like fees and swaps.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
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Finance
Invested in previous rounds, $
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Money will be spent on
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