Something I learned today.
Saw on Telegram that SOMA had an angel investor before the ICO started!
An angel investor of $6M!! That is just huge!
Someone really believes in this start-up! Knowing that this project already got a 6M USD funding, it blows my mind

This is great news!

can you tell me, which angel investor this was, funding 6m dollar ahead of the ico start?
would be nice to know

They call it angel investor because he/she/they really didn't want to be made public, so we shouldn't pry there, even if we are curious, the only thing that this is beneficial is that the project already have funds even if the ICO ended up not so successful

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Hahaha.. I think that is true in the event that the ICO did not attract enough funds, the project can still go on.
But that senario most lfrom ikely won't happen. Cause getting money from investor is harder than raising fund from ICO.
The amount of due diligence and scrutiny plus interviews done before the investor part with their money kinda give credence to this project.
Those investors already done the job (scrutiny) for us.
I will definitely be monitoring and invest in this project.