STIX, a brand new Web3 platform centered on meme promotions and competitions, has introduced a profitable increase of $1.8M in a non-public fundraising spherical. Because the platform gears up for its beta and token launches, this new funding milestone underscores the rising curiosity and funding within the progressive intersection of Web3 know-how and digital tradition. With backing from a number of distinguished institutional funds and crypto influencers, STIX needs to redefine how memes are created, shared and monetized.
STIX is a by-product venture of Stickerly, one of many world’s largest Web2 user-generated content material (UGC) sticker publishing platforms. With 30 million month-to-month energetic customers and over 400 million lifetime customers, Stickerly has grow to be a ubiquitous software for creating and sharing stickers throughout in style messenger apps like Telegram and WhatsApp. This in depth person base and intuitive interface present a strong basis for STIX’s Web3 ambitions.
By leveraging Stickerly’s distribution platform, STIX introduces a gamification layer that may rework meme tradition into an enticing and rewarding expertise. Customers can take part in common recognition competitions the place the preferred memes earn token rewards and obtain heavy promotion on each STIX and Stickerly. This integration not solely enhances person engagement, but additionally drives the adoption of crypto tradition amongst non-crypto native audiences, fostering a seamless transition from Web2 to Web3.
On the core of STIX’s imaginative and prescient is the idea within the intrinsic worth of UGC tradition. The platform provides a novel worth proposition by combining mainstream discovery, monetization, and gamification of memes with real-world utility as stickers in messenger apps. This multifaceted strategy positions STIX as a possible dominant participant within the UGC aggregation layer for crypto tradition.
The current fundraising spherical noticed participation from notable buyers reminiscent of Presto Labs, Selini Capital, and Mythos Group, alongside quite a few crypto key opinion leaders (KOLs) like Altcoin Sherpa. Their help highlights the widespread recognition of STIX’s potential to revolutionize the meme economic system. The oversubscription of the fundraising spherical is a testomony to the passion and confidence in STIX’s progressive strategy.
Trying forward, STIX has deliberate an airdrop slated for the top of August, with participation alternatives out there by missions on CREATOR, a creator-focused platform that lately partnered with STIX. Because the platform prepares for its official and token launches, additional updates will likely be shared by the STIX account on X, maintaining the group knowledgeable and engaged.
STIX’s fundraising spherical is a milestone within the evolution of meme tradition throughout the Web3 house. By integrating the ability of UGC with the newest blockchain know-how, STIX can provide unprecedented alternatives for creators and customers alike.
