MeWe launches neighborhood funding spherical through WeFunder

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Venice, USA, April 26, 2024, Chainwire

MeWe, a social community with over 780,000 energetic customers on the Polkadot blockchain, launches a neighborhood funding spherical, permitting customers to personal a monetary stake within the firm

MeWe is giving customers extra management and privateness than ever earlier than by transferring over 20 million registered customers to the “social net”, often known as Web3.

MeWe, one of many world's largest decentralized social networks constructed on Polkadot, launches a Regulation CF (Reg-CF) neighborhood funding spherical on Wefunder focusing on a neighborhood of over 20 million customers . Via his Wefunder, the main platform within the Reg-CF house, particular person buyers can make investments instantly in startups. Now, MeWe customers can personal a stake within the firm's success for as little as $100.

With over 20 million customers in 200 nations and territories, and over 740,000 individuals already energetic on the blockchain, MeWe will mix the massive market potential of social networks with the numerous quantity of Web3 transactions. , goals to pioneer the large-scale migration from Web2 to Web3. An estimated $1 trillion alternative.

MeWe expects to have over 1.5 million on-chain customers by This autumn 2024. This transition goals to supply customers with unprecedented privateness, management, and possession of their digital identification and social experiences.

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“To take consumer possession to the subsequent degree, we’ve launched a neighborhood funding spherical on Wefunder,” mentioned Jeffrey Edel, MeWe Chairman and CEO. “Years in the past, we envisioned a strong different to Massive Tech social media that may enable people to personal and management their digital identities and social experiences, with out the affect of companies or information brokers. As we enter our subsequent chapter, we’re giving our customers the chance to personal private rights in MeWe and the way forward for decentralized social media.”

MeWe's staff is led by pioneering executives from Disney, Apple, Yahoo!, twenty first Century Fox, Myspace, Warner Bros, and Samsung. The corporate beforehand closed a $24 million Sequence A spherical in February 2022 led by McCourt International.

Anybody can put money into MeWe from $100 as much as $500,000 or extra at https://wefunder.com/mewe.

About us

MeWe is a social community constructed with privateness first, and we're dedicated to giving customers extra management over their information and social media experiences. The corporate provides a groundbreaking “Privateness Invoice of Rights” that ensures customers management over their information and information feed. MeWe permits customers to affix teams, work together with buddies, and have full management with out advertisements or algorithms. He has over 20 million customers worldwide and with distinctive options reminiscent of MeWe two-way cameras and audio and video messaging, his MeWe hosts over 700,000 user-driven curiosity teams .

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MeWe was named a 2024 SXSW Innovation Awards finalist, Quick Firm's 2020 Most Revolutionary Social Media Firm, and Entrepreneur Journal's 2019 America's Greatest Entrepreneurial Firm. In 2016, MeWe was honored as a Begin-Up of the Yr finalist for SXSW's “Revolutionary World Expertise.”

contact

Senior Vice President of Advertising
michael huntsman
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