Barrier-free access to capital resources for new projects is coming to a startup near you

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Michael Reid

***@straks.tech Michael Reid

-- Today the STRAKS team unveiled the first details about plans to create a new crowdfunding incubator that bypasses traditional funding sources in favor of cryptocurrency."We intend to fill in the gaps, and move beyond the simple crowd-funding solutions that Kickstarter, and Indiegogo provide," said Michael Reid, STRAKS marketing & business development coordinator.According to Reid, STRAKS Incubator will bridge this gap by providing access to capital, knowledge, and expertise related to the project that a member is seeking funds and support for. Reid says the goal of the STRAKS Incubator is to bring the vision of Accelerators to fruition, while encouraging and supporting innovation throughout the world without the barriers of traditional crowd-funding solutions. To achieve this STRAKS Incubator will be providing barrier-free access to capital, knowledge, and expertise related to these projects, facilitating collaboration between like-minded innovators.They hope that STRAKS Incubator will allow their community to fund any individual, any project, anywhere in the world, by using cryptocurrency to transfer value across borders.An anonymous STRAKS co-founder who goes by the screenname "Squbs", says there isn't a business model that has existed throughout history that hasn't been transformed by the ability to communicate:"In today's world we can communicate ideas and thoughts almost instantly around the globe. However less than thirty years ago, it was almost impossible for the average person to share an idea with someone halfway around the world without a personal connection. Our goal with STRAKS Incubator is to create an environment that focuses on what you know. We intend to create a way to network with those who will want to know," Squbs said.In an email exchange he went on to explain further that STRAKS Incubator fully intends to break down these barriers. By moving beyond the challenges of bringing ideas to fruition, that are often hindered by physical, social, and political boundaries.STRAKS is a community driven, open-source cryptocurrency, that launched in November, 2017, that focuses on decentralizing the cryptocurrency marketplace while expanding options for those who want to utilize it to its fullest potential in new, untapped ways.For more information about STRAKS Incubator:Project Details: https://straks.co/t/project-straks-incubator/468 Project Roadmap: https://straks.co/t/roadmap-straks-incubator/471 About the company:STRAKS was founded in November, 2017, STRAKS is a decentralized open-source, community oriented cryptocurrency, that is secured through Proof of Work with Masternode support. STRAKS trades under the symbol STAK. More information regarding STRAKS can be found at https://straks.tech Photos: (Click photo to enlarge)Read Full Story - STRAKS (STAK) Releases Details On First Cryptocurrency-based Project Incubator