This week we’re discussing fractionalized investing, Algorands’ rapid rise and more!
We’re sending more invites to people on our waitlist - make sure you’re signed up so you can track your investments with us 💪
Creator of the Week 🧠
Over the past few months we’ve been working with Experience Haus, a design school in Shoreditch, to refine our product.
Students studying UX and project management courses have done some impressive project work for us and this week we’re feature one of these students, Pj Tan
Pj is a Digital Operations Lead with a demonstrated history of working in the media and financial services industry. Extensive knowledge in operating and managing digital platforms, content localisation, web development, SEO, user journey, and data analytics.
1. What do you generally like to invest in?
I like to separate my portfolio. From long term savings to short term investment.
2. How would you describe your investing style?
Cautious. I always do my research and manage my expectations before I invest. Never invest what you cannot afford to lose.
3. What industry/ Company’s future are you excited by and why?
I would like to think investment shouldn’t be just about the money, but it’s investing into the future and the better of the world - so I do tend to look at social responsible projects more.
Zash Learn 🤓
This week we’re looking shedding light on micro investments and in particular fractionalized investing.
In Toronto, property prices have maintained steady growth since the 2008 financial crisis. Buying or renting in the city is costly and many young people are priced out of the market. But new investment options are giving the very same people the opportunity to build wealth from humble beginnings.
Wingreen Court Apartments in Toronto offer investment opportunities for as little as one dollar. This is offered through a start-up called Addy Invest, a real estate company that issues small shares in the properties they own.
Fractionalized investing has become extremely popular in recent years and across multiple asset classes, the latest being NFTs. Just last month Party DAO launched which enables users to congregate online and create a group, or party, with the sole purpose of investing in and buying NFTs.
Reading of the Week 💡
Algorand, why is it bucking the trend and beating the majority of the crypto market at the moment?
Algorand is a decentralized network designed to simultaneously deliver speed, security, and decentralization. It first launched in June 2019 with an impressive team behind it including computer scientist and MIT professor Silvio Micali.
Recently Algorand has been used by Y Combinator and Citadel Alums John Clarke and Owen Colegrove to build a decentralized lending network, Algofi. This type of project goes some way to explaining why the budding crypto is bucking the trend. It’s more than the sum of its parts, its what those parts can be used to build!
Tech News 🖥️
Twitter is making more changes to its layout, this time its changing how pictures appear on the app. This follows an update to the “follow” button last month, although not all of the changes are going down too well it does seem to be a new trend with the social media platform. They also introduced invite only communities to rival Facebook.
Stock Market 📈
September is the worst month for trading according to some investors, and the Dow is down for the 3rd day in a row…could they be right? Do your own research but don’t ignore both sides of the argument!
Crypto Market ₿
Read about the impact cryptocurrencies are having on developing countries, from Nigeria to Vietnam blockchain technology is changing how people go about their everyday lives. Is it for the better? Find out for yourself.
The SEC wants to stop Coinbase from launching their yield-generating product Coinbase Lend and Coinbase CEO Brian Armstrong had some strong things to say in response.
Here’s another great podcast from intelligence squared on crypto, keep an eye on this great series of podcasts!
That’s all for now and we’ll see you next week,
Sign up to our waitlist here and share with your friends to move up and get early access to our app!