Reveal Raises $1.5 Million for Crypto-Powered Social Network
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....
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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....
Name: Reveal. What it is: A social networking question-and-answer app for mobile. Who's behind it: Led by the former founders of Kindr and gossip website JuicyCampus, Reveal has raised $1.5m from Boost VC and Digital Currency Group, among other investors. Cost: Free. Date launched: 16th June, 2015. Basic summary: Reveal is a SnapChat-like social network that allows users to ask questions and answer via photo or video. The social network uses reveal coin, an asset on the Stellar network, as its "currency of attention", allowing users a means to incentivize interaction. CoinDesk rating:....
The Miami-based Nifty’s, Inc. announced the launch of the project’s website which aims to reveal a non-fungible token (NFT) social platform focused on gathering mainstream attention. The company has also revealed it raised $10 million in a seed round from well-known investors like A&T Capital, Polychain Capital, Ethereal Ventures, Liberty City Ventures, Dapper Labs, Topps, Polaroid, and Samsung Next. Nifty’s Partners With Warner Bros, Launches Space Jam NFTs The new NFT venture Nifty’s announced Monday the launch of the project’s website niftys.com and further....
NYDIG has announced a $100 million raise of growth capital with strategic partnerships and hires for a bitcoin-powered insurance strategy.
1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the last year, decentralized finance (defi) has propelled itself into the spotlight as a great number of dex platforms now provide users with the ability to trade and provide liquidity in a decentralized fashion. 1inch Network....