'Ask Me Anything' Social Network that Rewards Users in Crypto, Closes $1.5 Million In Funding
Reveal, an "ask me anything" social network where users can create and share videos and earn Reveal Coin, has closed its $1.5 million seed round funding. Mike Hirshland of Resolute Ventures led the seed round, joined by Barry Silbert's Digital Currency Group, Adam Draper's Boost VC, Baroda Ventures and the Stanford-StarX Fund. Reveal is a social network that invites members to reveal things about themselves to one another and encourage responses by offering Reveal Coins, the network's cryptocurrency. Members can earn Reveal Coin by referring new members to the network and by having their....
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Cryptocurrency-powered social network Reveal has closed $1.5m in seed funding from investors including Mike Hirshland of Resolute Ventures, Boost VC, Digital Currency Group and the Stanford StartX Fund. Founded by Matt Ivester, former CEO of social network Kindr as well as college gossip news site JuicyCampus, and Kindr CTO Josh Beal, Reveal is perhaps best described as a visually oriented, Q&A social mobile app. Like Instagram, SnapChat, Vine and other new social media incumbents, Reveal targets users in high school and college. Unlike these market leaders, Reveal's posts offer a unique....