Socialstack

Socialstack

Verified
Gives creators open source and noncustodial tools to mint, distribute and manage their own social money on the blockchain. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$11—16m (Dealroom.co estimates Jan 2023.)
Washington District of Columbia (HQ)

Financials

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Revenues, earnings & profits over time
USD20222023
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EV / revenue00.0x00.0x
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DateInvestorsAmountRound
-investor

$0.0

round
N/A

$0.0

round
*

$2.7m

Seed
Total Funding000k

Recent News about Socialstack

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More about Socialstackinfo icon
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SocialStack is a unique startup that operates in the intersection of social impact, technology, and community engagement. It provides a platform that allows brands, nonprofits, and creators to collaborate and engage with their communities in a meaningful way. The company's business model is centered around gamified action campaigns that encourage users to contribute towards impact missions. In return for their contributions, users can win a variety of rewards including prizes, cryptocurrency, and exclusive experiences.

The company's clients range from brand marketers to celebrities, activists, and nonprofits. They all share a common goal of catalyzing change and fostering a sense of community. SocialStack operates in the emerging market of social token experiences, a new form of digital asset that represents ownership or membership in a community or organization.

One of the company's notable achievements is the successful launch of the first-ever social token experience with Christie's, a renowned auction house. Another significant project is AfrofutureDAO, which generated over $1M to preserve African history. The company also partnered with Bye Bye Plastic to incentivize festival attendees to bring reusable water bottles, demonstrating its commitment to environmental sustainability.

SocialStack generates revenue by providing a platform for these campaigns and collaborations. It likely charges a fee for its services, although the exact details of its revenue model are not publicly available.

Keywords: Social Impact, Community Engagement, Gamified Campaigns, Social Token Experiences, Brand Collaboration, Nonprofit Partnership, Digital Rewards, Environmental Sustainability, Social Media, Blockchain Technology.