Fanbase Social Raises $4.5m In Crowdfunding

By Author: Ben Gross
Total Articles: 429
Comment this article

Fanbase, the ad-free social media platform, has triumphed in its equity crowdfunding round, securing over $4.50 million, pushing the total raised funds to $10 million. This marks the third seed round for public investment via StartEngine, emphasizing the platform's dedication to equity and inclusivity in social media, especially for marginalized communities.

Isaac Hayes III, founder, envisions Fanbase as an ecosystem where every user is a part-owner. Their motto "Be You. Without Limits." reflects their commitment to democratizing social media. Hayes expresses the platform's aim to empower its community, inviting users to invest in the platform they believe in, transforming users into a collective voice for success.

Fanbase distinguishes itself by offering various media features and a monetization framework where users can subscribe to each other, facilitating content monetization directly through profiles. The platform's affordability and inclusivity foster a community where anyone can join, create, and connect.

Capitalizing on "The JOBS Act" legislation, Fanbase leverages equity crowdfunding to invite small ...
... investors into the growth journey, boosting businesses while granting citizens a stake in startups.

The raised funds are earmarked for the platform's growth, focusing on user experience enhancement, creator tools, feature improvements, and widened marketing efforts, aiming to reshape the social media landscape.

Fanbase beckons all to partake in their journey, reshaping social media, championing diversity, and amplifying every voice. To learn more, visit their website or download the Fanbase app, and be part of this transformative social media experience.

More Information : https://www.techdogs.com/tech-news/pr-newswire/fanbase-social-media-crosses-45-million-dollars-in-latest-crowdfunding-raise