One of the world’s largest privacy-first, decentralized social networks

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Technology, Retail, VC-Backed
Min Investment
Calabasas, CA
Expected Close Date
April 29, 2024
Target Raise
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

More than 20 million users worldwide across 200 countries & territories
1.2 million monthly active users; over 730,000 of which have been migrated to the blockchain
700,000+ active interest groups; 5,000+ new groups created monthly
Led by tech execs from Disney, Apple, Yahoo!, 21st Century Fox, Myspace, Warner Bros, & Samsung
$24M Series A led by McCourt Global closed in 2022
10 patents issued & 1 pending
Forbes, Axios, Fast Company features; 2024 SXSW Social Media Innovation Award finalist
Total amount raised includes $13.5M Series A Preferred Stock & $10.5M Common Stock closed '22 & '23

Management Team / Advisory Board Bios

Raised $250K or more from a venture firm, $1M+ Revenue
Earned over the last 12 months, Repeat Founder
Founder has started a previous company funded with $2M+, Jeffrey Edell CEO & ChairmanDistinguished entrepreneur. Led 20+ M&A deals valued at over $1B+. Ex-Chairman of Myspace; President of DIC Entertainment; CEO of Soundelux which grew to $120M in revenue & 500 employees. 5 Oscars & 50 Emmys. NASDAQ/EY Entrepreneur of the Year 2000., Jonathan WolfeCo-Founder & CTOEarly social media pioneer. 2x founder. Launched Ex-Head of Software at edtech platform Project ECHO. 9 patents. World-renowned expert in fractals & chaos theory. Johns Hopkins BA. University of Pennsylvania Neuroscience PhD., Michael HuntsmanVP of Marketing Marketing luminary. Early Apple exec. Worked directly with Steve Jobs on Apple store design & strategy. Launched iTunes Movie & TV Store, driving $20B in value. Built Samsung’s first mobile video app. Ex-Disney & Fox VP. San Francisco State BA., Julie HsuGeneral CounselLegal leader & consultant for pre-IPO firms. Ex-VP & Deputy General Counsel at Yahoo!, managing $10M/annum budget & $360M/quarter deals with Microsoft & Google. Ex-Counsel at Warner Bros. UCLA BA. USC JD., Mark LiuHead of ProductBlockchain expert & growth architect. Ex-President of MerchantWords big data platform, generating $5M ARR. Built TigerConnect, top healthcare comms platform. Led projects valued at $5M+ for ESPN, Ford, & Lionsgate. Florida State BS. Emory Sociology PhD., Samina MerchantCorporate ControllerTech finance ace. Led 3 IPOs. Built accounting teams for Myspace, Boingo Wireless, & TrueCar. 25+ years managing all financial statements, disclosures, & reports, including 10-Ks, 10-Qs, & XBRL filings. SOX compliance expert. Adelphi BA & MBA.
Amount Raised : $13,695,417
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