-
Security Type
-
Other
-
Min Investment
-
$100
-
Location
-
SAN FRANCISCO, CA
-
Offering Date
-
April 01, 2022
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Expected Close Date
-
April 30, 2022
-
Target Raise
-
$25.00K-$5.00M
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No. Investors
-
3
-
Security Price
-
$1
- Number of Employees
- 6
- Cash
- $200,721
- Revenue
- $8,783
- Short Term Debt
- $17,660
- Cost of Goods
- $0
- Long Term Debt
- $277,951
- Net Income
- $-538,596
Company Description
Digital advertising is broken. Every year, in an effort to keep customers and acquire new ones, brands spend over $500B in digital advertising and more than $215B for reward points and loyalty programs. This is because maintaining customer brand loyalty is absolutely critical not just for keeping the status quo, but also for growing market share.
Key Deal Facts
Cultos is a Web3 rewards platform
One major brand partnership with MGA Entertainment (Bratz, LOL Surprise)
Launching with 8 more in the pipeline to launch in the coming months
Built on Polygon for ERC-20 compatibility with high scalability
Strategic investment from MGA Entertainment (Bratz, LOL Surprise)
Launched with NBA Team San Antonio Spurs
Management Team / Advisory Board Bios
Thanasi Karachotzitis
Co-founder & CTO
Andrew Yang
Co-founder & CEO
Jeong Park
Co-founder & CPO
Harvey Morrison
CRO
Dave Rosenberg
Chairman
Founder of Mulesoft (Acquired by Salesforce)
Jason Larian
Advisor
VP of Biz Dev @ MGA Entertainment (Bratz, LOL Surprise!)
Raghu Madabushi
Advisor
VC @ National Grid
Sam Thapilaya
Advisor
Founder of Zebec Protocol
Maex Ament
Advisor
Founder of Centrifuge Protocol
