22x: A Whole New Way To Invest In Startups

By Berk Gedik

Sunday, March 11, 2018 7:00 PM EST

TalkMarkets' Berk Gedik sat down with Chris Rawlings, the CEO of JudoLaunch, and Co-Founder of 22x.

22x is a creative way to invest in 30 alumni of the latest batch from 500 Startups, an early stage venture fund with a 2% acceptance rate. 22x is a recent Initial Coin Offering (ICO). An ICO is like an IPO but for cryptocurrency: new projects can sell their underlying crypto tokens in exchange for bitcoin and ether. 22x, however, unlike most crypto currencies, is backed by equity in all 30 of these startups. Investors get to trade this token after a minimum holding period of one year, and get to cash out on liquidity events, such as IPOs.

Video length 00:25:34

Disclosure: Startup Watch is a platform TalkMarkets provides for startup company executives to discuss their companies in depth. TalkMarkets provides a suggested list of questions but the format ...

How did you like this article? Let us know so we can better customize your reading experience.