Pylons Inc.

Pylons Inc.

Mobile blockchain with fiat payments and the free-to-play mechanic that won Web2

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Amount Raised: $5,920
Security Type
Crowd SAFE
Min Investment
$100
Location
NEW YORK, NY
Offering Date
November 21, 2022
Expected Close Date
January 17, 2023
Target Raise
$25.00K-$1.24M
No. Investors
11
Security Price
$1
Website
pylons.tech
Number of Employees
8
Cash
$136,433
Revenue
$0
Short Term Debt
$5,151
Cost of Goods
$0
Long Term Debt
$2,615,000
Net Income
$1,444,723

Key Deal Facts

Intuitive tools to develop, buy, trade, and sell digital assets
Bringing Web3 to where users are: on their phones, with their credit cards
The Pylons Stack: blockchain, mobile wallet app, SDK, and art minter
No crypto needed: it’s the simplest way to buy, view, and trade NFTs
Early community of 6,000+ across social channels
10,000+ installs between the company’s apps
Support for social cards when sharing and listing assets

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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