Lyvely, a Dubai, UAE-based provider of a social networking and content monetization platform, received an undisclosed amount in seed funding from Cypher Capital.
With Cypher’s support, the company is developing a cryptocurrency token that is integrated into the platform, enhancing user experience and providing earning potential.
Co-founded by Farah Zafar and Dave Catudal, Lyvely is a content and communication platform offering a suite of brand-building and business management tools, including a fintech feature that provides users with physical cards without the need for a bank, as they are linked to their Lyvely earnings and digital wallet. Additionally, it promotes creators by offering a dedicated section where brands can browse and hire them for UGC and partnership gigs, straight from their profile.
With a profile, individuals and creators worldwide can monetize their content or services by offering monthly memberships, accepting tips, hosting online events, selling consulting packages, and coaching video calls. Unlike traditional social media platforms, Lyvely does not display annoying ads but has devised an advertising method where creators can choose to have ads that they approve appear on their profiles, and earn from revenue share.
The company has officially soft launched in beta, open to sign up now for early adopters.
FinSMEs