/Reach, a social-fi innovation company to ‘fix Crypto Twitter’, raised $1m in seed funding on chain in less than 24 hours.
Backers included a number of public facing figures including Seedphrase, Zeneca, Pranksy, Gmoney, Dingaling, and Mooncat2878.
Co-founded by L’anamour and 8an, /Reach is advancing a simplified, automated, permissionless protocol for quality engagement rewarding, powered by $REACH. The /Reach protocol allows for brands, projects, communities, and individuals to leverage the network effects of a large, vetted and audited audience to organically amplify their key pieces of content, and reward them for it. 100% of all rewards put up by creators are redistributed back into the network. This integration allows users and businesses alike to break through the Twitter algorithm and promote their content to targeted audiences. The protocol has already garnered interest from large gaming and media incumbents outside of web3 as a planned next step for growth. After completion of a beta phase involving onboarding over 6,000 users, the company is planning its full launch for 14:00 EST Monday 18th December powered by the $REACH token.
8an is a former venture developer at Rocket Internet, founding team at Numan, and co-founder of art fractionalisation protocol Particle. Lanamour is a former private equity investor and founder of vintage photography platform FocusBloc. /Reach raised $1,000,000 on chain in less than 24 hours from the likes of Seedphrase, Zeneca, Pranksy, Gmoney, Dingaling, Canary Labs, NxGen, PunkDAO, Mooncat2878, who have been using the /Reach protocol throughout its beta phase and have seen the impact it can have on their communication strategies.
FinSMEs