Fanbase Social Media Crosses $4.5 Million Dollars in Latest Crowdfunding Raise
Summary
Users can engage with a range of media features, including photo/video, audio chat, live streaming, stories, short-form, and long-form video. The app is free to download and use, allowing anyone to create a profile, build a following, and connect with others.Fanbase further extends their brand promise by taking advantage of the Obama administrations passed legislation, "The JOBS Act" .This allows main street small businesses and high-growth enterprises to raise capital from retail citizen investors more efficiently. Allowing small and young firms across the country to grow and hire faster, as well as giving everyday citizens the opportunity to invest in small startups.Equity crowdfunding provides a unique opportunity for businesses to turn their customers into owners and create a more loyal user base ready to promote the business.Waking up every day dedicated to improving the Fanbase user experience the funds raised in this successful equity crowdfunding round will be directed towards Fanbases expansion and development initiatives. These funds will enhance user experience, enhance creator tools, improve platform features, and expand marketing efforts to reach a wider audience.Fanbase Social Media extends an open invitation to all to join them in their mission to reshape the social media landscape, champion diversity, and ensure that every voice is heard. Digital currency called "Love" as well as monthly subscriptions to exclusive content enables fans to reward their favorite creators.