Cred Cryptocurrency Micro-Investing App Platform Joins Science Inc. Portfolio
Science Inc. has recently added Cred as its newest portfolio company. The launch has been scheduled in the near future and is believed to be a great opportunity for users as Cred is known to provide each and every daily, novice investor with a simple and easier experience when it comes to purchasing cryptocurrencies.
What Is Science Inc.?
Science Inc. is a startup development and investment firm that has both founded and provided funding to over 85 companies including Dollar Shave Club, FameBit, Earny, PlayVs and DogVacay to name the least. Furthermore, this firm is known to house approximately $1.3 billion in aggregate portfolio company exits. On the other hand, we have Cred, a micro-investing platform, which has been created with the intentions of increasing consumer access to cryptocurrency.
One might wonder how the partnership between Science Inc. and Cred can be of significant use. According to the claims made, the following Cred app’s features can make investing a time-efficient experience. Here are some worth mentioning:
Round Up Your Everyday Purchases
When investors make purchases, the amounts are said to be rounded to the nearest 1, 2 or $5, which will be invested in crypto. For instance, an investor who chooses to round up to the nearest dollar and spends $3.55 on a good, will have his or her money rounded up to $4, where $0.45 will be automatically invested in crypto.
Set Up Recurring Investments
Investors have the option of setting up weekly or monthly automatic investments into crypto. For the time being, one can choose to invest as much as $2,000 per month.
Get Access To Mainstream And Altcoins Alike
Cred currently allows users to diversify their portfolios as they can purchase Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and ZenCash (ZEN). In addition to coins, users also can invest in tokens like Worldwide Asset Exchange’s WAX and Neblio’s NEBL. Another feature that is appealing is Cred’s educational tools, as information related to a token’s purpose, its history and relevant industry news will be provided.
Cap Investments At $2,000/month
This mandatory investment claims to add a peace of mind for first-time investors, who are not comfortable jumping deep into the market right away.
It also important to note that Cred, which is headquartered in Santa Monica, California, is fully compliant with US regulation.
In addition to investments, Science Inc., supposedly operates the Science Blockchain, which is known as the first-ever incubator in the world to be funded by its own token, SCI. With this being said, founder and CEO of Cred, Brendon McQueen views this partnership as a great opportunity to not only investors, but also to the Cred team, as it opens doors to new knowledge.
He goes on to say that “by partnering with the Science team, we get access to their incredible customer acquisition skills and experience building household brands such as Dollar Shave Club. We’re excited to be building our business alongside them.”
In response to McQueen’s thoughts, co-founder and CEO of Science Inc., Mike Jones values Cred’s ability to help newbies start off on the right foot. Jones said the following, “Other platforms in the space are impressive but were built for power users and crypto veterans. Creds offers an easy way for first-time buyers to begin investing in crypto at their own pace and will help to bring the value of crypto to Main Street.”