Silica Nexus by C4D

Early Stage

A cross-reality platform for gamers to buy, sell, and trade in-game items across game universes

Analytics

Raised to Date: Raised: $169,628

Aggregate Commitments $

Platform

Wefunder

Start Date

01/13/2022

Close Date

04/30/2022

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$20,000,000

Discount Rate

10%

Rolling Commitments $

Status

Active

Reporting Date

01/19/2022

Days Remaining

101

% of Min. Goal

339%

% of Max. Goal

68%

Likelihood of Max
extremely
Avg. Daily Raise

$28,271

Momentum
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Location

Louisville, Kentucky

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

Silica Nexus by C4D, with a valuation of $20 million, is raising funds on Wefunder. The company has developed a cross-reality platform for gamers to buy, sell, and trade in-game items. The Prize neXus digital vending machine of Silica Nexus by C4D allows gamers to use arcade winnings to collect in-game items. Silica Nexus by C4D is led by industry veterans and working with NAMCO and Intercard to place the machine at a number of entertainment centers. Andrew Prell founded Silica Nexus by C4D in January 2015. 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 development, product acquisition, operations, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$167,315

$223,295

COGS

$0

$0

Tax

$144

$0

 

 

Net Income

$-3,661,884

$-3,303,837

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$142

$2,810

Accounts Receivable

$0

$0

Total Assets

$5,040,714

$5,014,525

Short-Term Debt

$14,811,489

$10,611,317

Long-Term Debt

$687,600

$677,600

Total Liabilities

$15,499,089

$11,288,917

Financials as of: 01/13/2022
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Silica Nexus by C4D on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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