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Security Type
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SAFE
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Categories
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Other
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Min Investment
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$25
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Offering Date
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September 25, 2019
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Expected Close Date
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December 24, 2019
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Target Raise
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$350.00K-$1.07M
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Deal Notes
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$1.00 per share
$25K+pro rata right threshold
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Valuation
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$8,000,000
Company Description
We are building a publishing platform with a built in revenue model. Content is created, easily discovered via our unique niche organization model, and rated by real people based on reputation. Member contributions are rewarded.
Perks
$500+ for 500 Narrative reward points credited to Narrative account. Must be registered by January 1, 2020.
$1,000+ 2,000 Narrative reward points credited to Narrative account. Must be registered by January 1, 2020.
$10,000+ 20,000 Narrative reward points credited to Narrative account. Must be registered by January 1, 2020.
Key Deal Facts
Spanning three markets: Social Media (5.7B+Users), Publishing ($8.6B) and Advertising ($393B)
Early traction: 8,600+members, 14,000+posts, and 1,000+ Niches (min $75USD each) sold in beta
Content is created and discovered via the platform's monetized Niche topics that are purchased annually by members. Like domains!
Solving the challenges of censorship and account take-downs with decentralized governance
Narrative Company sold $2.5M worth of Narrative (NRVE) tokens in March 2018
Members are incentivized to use and promote the network because they directly benefit in the revenue sharing
Scaling to other languages and models (branded publications and premium content) will increase revenues
Use of Proceeds
Development (adding a developer to the team), Marketing and Customer Acquisition (improve on-boarding flow, advertising to both content creators and content customers), Support Operations, and Wefunder Intermediary Fees
Management Team / Advisory Board Bios
Rosemary O'Neill
Founder and Co-CEO
Two-time successful tech entrepreneur, helping people build online communities since 1998. One company pioneered the first online bulletin board - the earliest form of social media.
Ted O'Neill
Founder and Co-CEO
Pioneer in UI design and development, originator of BBCode, viral marketing innovator. Founder of Social Strata, responsible for development of a series of category-leading community platforms since 1998.
Brian Lenz
Founder and CTO
Proven software engineer with more than 18 years of experience in software development, infrastructure, and security.
Deal Notes
$1.00 per share
$25K+pro rata right threshold