metaKnyts (previously metaMedia and Metaiye Knights)

metaKnyts (previously metaMedia and Metaiye Knights)

Early Stage

Changing Storytelling Through Blockchain

Changing Storytelling Through Blockchain

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Netcapital

Start Date

03/22/2023

Close Date

08/11/2023

Min. Goal
$10,012
Max. Goal
$4,936,870
Min. Investment

$107

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$26.77

Pre-Money Valuation

$48,800,479

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

08/11/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2019

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

New York, New York

Business Type

High Growth

Company Website

metaKnyts, with a valuation of $48.8 million, is raising funds on NetCapital. The company is introducing blockchain into storytelling and teaching its users how to implement blockchain to change a graphic novel into a TV or film series. metaKnyts is the key franchise of Metaiye Media and is a multi-format saga on the battle for the soul of the metaVerse. metaKnyts is led by an experienced team and has partnered with Comic Republic, Ebony, and Unanimous Games, among others. Dele Atanda founded metaKnyts in August 2019. The current crowdfunding campaign has a minimum target of $10,011 and a maximum target of $4.9 million. The campaign proceeds will be used for marketing, company employment, inventory, build and development, research and development, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$53,854

$774

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-112,655

$-650,545

Summary Balance Sheet

FY 2022 FY 2021

Cash

$4,264

$221

Accounts Receivable

$33,055

$14,250

Total Assets

$80,217

$69,150

Short-Term Debt

$0

$0

Long-Term Debt

$0

$25,000

Total Liabilities

$0

$25,000
Financials as of: 03/22/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
metaKnyts (previously metaMedia and Metaiye Knights) 08/10/2023 Netcapital $48,800,479 $0 Equity - Common Not Funded RegCF
metaMedia (previously Metaiye Knights) 01/15/2023 StartEngine $48,836,938 $67,045 Equity - Common Funded RegCF
Metaiye Knights 01/24/2022 StartEngine $8,000,000 $1,070,050 Equity - Preferred Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Funding data not publicly available

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metaKnyts on NetCapital 2023
Platform: Netcapital
Security Type: Equity - Common
Valuation: $48,800,479
Price per Share: $26.77

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