Kicky
Early Stage
A marketplace to support fine artists with royalties powered by the blockchain
Overview
Raised: $99,750
Total Commitments ($USD)
Platform
Wefunder
Start Date
07/29/2022
Close Date
04/30/2023
Min. Goal
$53,250
Max. Goal
$107,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$6,000,000
Valuation Cap
$7,000,000
Discount
14%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/01/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$363
# of Investors
31
Momentum
Funded
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Year Founded
2022
Industry
Arts & Crafts
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Kicky, with a valuation of $7 million, is raising funds on Wefunder. The company has developed a marketplace to support fine artists with royalties. The marketplace allows artists to rent art to patrons, including hotels, homeowners, offices, and restaurants, and receive monthly subscription payments through blockchain. The platform also studies engagement data of the artwork through QR codes and dynamically sets the price for each individual piece. Luke Keller and Brenton Strine founded Kicky in March 2022. The current crowdfunding campaign has a minimum target of $53,250 and a maximum target of $107,000. The campaign proceeds will be used to finish the development of the IP for Kicky blockchain, finish developing the BETA version, and market new artists and patrons.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1 |
$0 |
|
COGS |
$30 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-24,730 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$26,534 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$26,534 |
$0 |
|
Short-Term Debt |
$1,184 |
$0 |
|
Long-Term Debt |
$50,000 |
$0 |
|
Total Liabilities |
$51,184 |
$0 |
Financials as of: 07/29/2022
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