We are excited to announce that Clamp has become our most recent addition to our investment track. Clamp is a platform that enables anyone, regardless of their cryptocurrency knowledge, to invest in digital asset indexes and create a diversified portfolio with ease. - Author: Albert Sugiharto
Why we invested in Clamp
India has a population of over 1 billion people, yet only 140 million actively invest in the stock market. In contrast, 420 million invest passively. At the same time, only 2% ofIndians have invested in cryptocurrencies. This indicates a significant opportunity for passive crypto investment platforms, as this market segment is currently underserved.
However, investing in cryptocurrencies can be challenging for beginners. The research process to understand different digital assets is extensive and time-consuming. The actual investing process involves a lot of trial and error, which can result in significant losses for first-time investors. As a result, 90% of those who are initially interested in crypto ultimately do not invest.
Clamp lets anyone invest and build a diversified digital asset portfolio
Clamp is designed to make it easy for people who have little to no experience in cryptocurrencies to build a diversified portfolio. The sign-up process is quick and simple, allowing users to start investing in digital asset indexes right away without the need to research and choose individual coins. The entire process can be completed through the Clamp mobile app, making it convenient for users to make passive investments and manage their portfolios from anywhere at any time.
Here is how Clamp simplifies the process of investing in digital assets:
Onboarding on the platform is easy and fast. Users can sign up in less than 30 seconds and start investing with as little as $10.
After registering, users can choose to invest in pre-made digital asset indexes or create their own, and set up recurring purchases that will be automatically deducted from their registered bank accounts.
Clamp is a non-custodial platform, meaning that users retain control of their tokens in their own wallets and there are no fees for managing or exiting the platform. It also seamlessly integrates the on and off-ramp process.
Take a look at how users can start investing right away through Clamp:
Clamp’s mobile app allows users to manage their crypto investments with ease
Clamp is led by a team with a strong background in development. Abhishek Yadav, the founder and CEO, has a degree in computer engineering and is skilled in UX/UI. He has participated in ConcourseQ as a Qfellow, ETHIndia, and has previously founded and launched a startup. With this experience and expertise, Clamp is well-equipped to achieve its goal of onboarding the next billion users to crypto and DeFi. Learn more about Clamp on their Website and LinkedIn.
Blockchain Founders Group (BFG) is a company builder and early-stage venture capital investor. Our team comprises academic and regulatory drivers of the blockchain economy, serial entrepreneurs, and venture capitalists. We love to work with outstanding entrepreneurial talents and bring to bear the full support of our network to make them succeed. Follow us on LinkedIn, Medium, or Twitter.
About BFG Superstars Program
The BFG Superstars Program is a crypto incubation program for pre-seed ideas and a place for blockchain talents and co-founders to meet and launch crypto startups in 2 to 3 months. Each cohort will launch 5+ crypto startups with different blockchain-based solutions. At the end of the program, selected startups will receive funding amounting to $60,000. Find more information about the program here.