Elemental Computing

Elemental Computing

Early Stage

Web2 to Web3, Fast

Web2 to Web3, Fast

Overview

Raised this Round: Raised: $7,988

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/03/2022

Close Date

01/02/2023

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$20,000,000

Year Founded

2019

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

San Diego, California

Business Type

Growth

Elemental Computing, with a valuation of $20 million, is raising funds on StartEngine. It has developed a simple server engine that enables a novice to create a well-connected Web3 application. The infrastructure of Elemental Computing allows game and app developers to transition to Web3 seamlessly and build the future of the industry with complex functionality support. The server engine, Elements, supports multiple blockchains and features generative minting tools, distributed databases, smart contracts, custodial wallets, and 3D character generation tools. Patrick Twohig founded Elemental Computing in September 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for growth and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-3,298

$-1,573

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,501

$2,927

Accounts Receivable

$0

$0

Total Assets

$1,501

$2,927

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 10/03/2022
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Elemental Computing on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $20,000,000
Price per Share: $2.00

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Follow Elemental Computing on StartEngine 2022

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