How does Buy the Block make money?
Buy the Block does not charge any fees directly to investors, but like most Title III Funding Portal, charges issuers a percentage of the amount raised (in their case, 6%). Buy The Block also charges a range of additional fees that are on the hefty side, adding up to several thousands of dollars charged to issuers (thereby reducing the amount of capital ultimately available for the project).
Buy The Block is an SEC registered Title III Funding Portal, which means they are subject to a range of rules and obligations around investor education and due diligence. All companies offering investments on [field platform_name] will have been a minimum of background checks of key officers and owners. Prospective investors also have access to online forums to talk with other investors, and an online channel for asking questions of the company raising funds (and viewing answers of prior questions from others).
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