Social Network as a Financial Tool: Startup Plans to Change Traditional Investment Models

The startup aims to start a "Financial revolution" by creating its own social network, where users can earn tokens and spend them by hiring top investment professionals and investing in the products and services they choose.

The idea of the Huddl project is to break the traditional investment model, in which the company says that premium products are available only for wealthy people or for institutional investors.

The Huddl team says the main reason that motivated them to build the platform was the loss of trust in traditional financial services and social networks, and the lack of utility in current blockchain and decentralized application structures.

Investment networkHuddl wants to give regular users access to such premium investment opportunities like commercial real estate, private banking, hedge funds, pre-IPO stocks, investment management and wealth planning.

The Huddl team offers a way to gain access to these premium investment services and products by becoming a member of Huddl's own network.

The members share their investment preferences and examine the different strategies that are offered within the platform.

They can invite friends, relatives and people they know to form an online community or a dynamic investment pool, which Huddl calls a "Pod." Together, the pool members define the purpose of the investment, agree on the rules, choose the investment strategy, invest their capital and spend their tokens for the goal that they choose.

The pod can also invite highly skilled financial professionals to manage their investment program.

"Through social clusters and collaborative idea sharing, individuals are empowered to form their own investment vehicles and have them managed by top private wealth advisors," says Huddl Founder and CEO Stephen Corliss.

The digital currency can be spent on unlocking investment services at "Deep discounts," which Huddl promises to arrange.