Mad Realities
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Mad Realities - overview
Established
2021
Location
Brooklyn, NY, US
Primary Industry
Media
About
Based in Brooklyn, US, founded in 2021, Mad Realities operates as a developer of a cryptocurrency-based community TV channel. The company was founded by Devin Lewtan and Alice Ma. In April 2022, Mad Realities raised USD 6 million in seed funding led by new investor Paradigm, along with investors 11:11 Media, Long Journey Ventures, and Maveron. Mad Realities develops a media platform that allows users to create TV shows based on cryptocurrencies and NFTs.
The company posts episodes of a show called Proof of Love which is a YouTube show and provides various types of NFTs to viewers such as The Sangria Rose Ticket NFT which allows viewers to have a say in the show's story, The Sequin Rose Ticket NFT enables the viewers to earn a producer credit and other NFTs which have different features such as putting your friend in the show, play a role in the show, etc. The company plans to use the funding for hiring engineers to construct the platform, which will allow producers and audiences to generate content and earn the platform's cryptocurrency.
Current Investors
Maveron, Long Journey Ventures, Paradigm
Primary Industry
Media
Sub Industries
Web Applications, Music & Video Streaming Software, Television & Film
Website
www.madrealities.xyz
Verticals
Blockchain
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.