[PRESS RELEASE – Venice, United States, April 26th, 2024]
MeWe a Social Network With more than 780,000 Active Users on the Polkadot Blockchain Opens Community Investment Round to Allow Users to Own a Financial Stake in Company
By moving its 20 million+ signed up users to the ‘Social Web,’ aka Web3, MeWe is raising user control and personal privacy like never ever previously.
MeWe, among the world’s biggest decentralized social media networks developed on Polkadot, has actually opened a Regulation CF (Reg-CF) neighborhood financial investment round on Wefunder to its neighborhood of over 20 million users. Through Wefunder, the leading platform in the Reg-CF area, specific financiers can invest straight in start-up business. Now, MeWe users can own a stake in the business’s success, beginning at simply $100.
With over 20 million users throughout 200 nations and areas, and over 740,000 currently active on the blockchain, MeWe is aiming to leader the relocation from Web2 to Web3 at scale by integrating the significant market capacity of socials media with the large volume of Web3 deals– an approximated $1T chance.
MeWe anticipates to have more than 1.5 million users on-chain by Q4 2024. The migration is planned to use users extraordinary personal privacy, control, and ownership of their digital identities and social experiences.
“We’ve opened a neighborhood financial investment round on Wefunder to take user-ownership to the next level,” stated MeWe Chairman and CEO Jeffrey Edell. “Years back, we imagined an effective option to Big Tech social networks, without the impact of corporations or information brokers, where people might own and manage their own digital identities and social experiences. As we enter this next chapter, we’re using our users a chance to own an individual stake in the future of MeWe and decentralized social networks.”
MeWe’s group is led by pioneering executives from Disney, Apple, Yahoo!, 21st Century Fox, Myspace, Warner Bros and Samsung. The business formerly closed a $24 million Series A round in February 2022 led by McCourt Global.
Anybody can buy MeWe from $100 and approximately $500,000+ at https://wefunder.com/mewe.
About MeWe
MeWe is a social media constructed to put personal privacy initially and devoted to providing users more control over their information and social networks experience. The business provides a groundbreaking “Privacy Bill of Rights” which ensures users manage of their information and news feeds. MeWe permits users to sign up with groups, engage their buddies, and puts them in total control without advertisements or algorithms. With more than 20-million users worldwide, and distinct functions such as the MeWe 2-way video camera and voice & & video messaging, MeWe is host to over 700,000 user-driven interest groups.
MeWe was shortlisted as a Finalist in the 2024 SXSW Innovation Awards, a 2020 Most Innovative Social Media Company by Fast Company and a 2019 Best Entrepreneurial Company in America by Entrepreneur Magazine. In 2016, MeWe was honored as Start-Up of the Year Finalist for “Innovative World Technology” at SXSW.
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