Narrative

Narrative

Creating the first true content economy

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Security Type
SAFE
Categories
Other
Min Investment
$25
Offering Date
September 25, 2019
Expected Close Date
December 24, 2019
Target Raise
$350.00K-$1.07M
Deal Notes

$1.00 per share

$25K+pro rata right threshold

Valuation
$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

Amount Raised : $99,335
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Business Idea
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Management Team
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Valuation

Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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