Media3 Labs
Early Stage
Fixing an $11 billion industry with a cutting-edge blockchain-powered podcast player
Overview
Raised: $63,973
Total Commitments ($USD)
Platform
Wefunder
Start Date
12/21/2023
Close Date
04/30/2025
Min. Goal
$50,000
Max. Goal
$750,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$4,000,000
Valuation Cap
$4,400,000
Discount
10%
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/06/2024
Days Remaining
358
% of Min. Goal
128%
% of Max. Goal
9%
Likelihood of Max
Avg. Daily Raise
$467
# of Investors
24
Momentum
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Year Founded
2023
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Media3 Labs, with a valuation of $4.4 million, is raising funds on Wefunder. The company is bringing something unique to the podcasting industry with its blockchain-powered podcast player. Media3 Labs’s Scoop3 gives listeners loyalty badges for listening to supported podcast episodes and offers strong analytics, lucrative sponsorship, and countless integrations. The company is fixing the podcasting industry and has partnerships with Unstoppable Domains, POAP, Rainbow, and Riverside. David Kermaani founded Media3 Labs in March 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $750,000. The campaign proceeds will be used for product development, marketing, user allocation, community building and engagement, and operational costs.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-8,813 |
$0 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$330 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$330 |
$0 |
Financials as of: 12/21/2023
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