Objective Reality

Early Stage

VR arcade of the cloud

Analytics

Raised to Date: Raised: $110,920

Aggregate Commitments $

Platform

Wefunder

Start Date

05/10/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$4,500,000

Discount Rate

10%

Rolling Commitments $

Status

Active

Reporting Date

05/21/2022

Days Remaining

344

% of Min. Goal

222%

% of Max. Goal

44%

Likelihood of Max
extremely
Avg. Daily Raise

$10,084

Momentum
cold.svg
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Location

CHILLICOTHE, Ohio

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Objective Reality, with a valuation of $4.5 million, is raising funds on Wefunder. The company has developed a solution for VR gaming at home without the need for expensive gaming machines. It is the VR arcade of the cloud and has built-in social spaces for community and social interaction. Objective Reality also has an exclusive currency, EverGrow Coin, that incentivizes users to play more to earn more. Colin Rose founded Objective Reality in January 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing, conventions, equipment, leasehold improvements, and hiring a campaign manager.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,344

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 05/10/2022
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Objective Reality on Wefunder 2022
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Platform: Wefunder
Security Type: SAFE
Valuation: $4,500,000

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