This company is no longer in business. Investors can get details about any potential exits or failures here.
ZestBloom
Early Stage
NFT Marketplace that is cheaper, more secure, and energy-efficient
Overview
Raised: $274,933
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/27/2021
Close Date
11/26/2021
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$8,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$9,480
# of Investors
245
Momentum
Funded
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Year Founded
2021
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
ZestBloom, with a valuation of $8 million, is raising funds on Wefunder. The company has developed an NFT platform to monetize digital assets. The platform enables decentralized and algorithmic intellectual property solutions and works on the Algorand blockchain. ZestBloom is supporting creators and streamlining the digital media experience for collectors. Ryan Farrell, Jasmine Farrell, and Evan Maltz founded ZestBloom in May 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for hosting and servers, development, marketing, and legal fees.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$20,000 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$10,332 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$10,332 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$10,332 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 10/27/2021
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