Turing Holdings LLC

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Turing Holdings LLC - overview

Location

New York, NY, US

Primary Industry

Software

About

Turing Holdings LLC provides a platform for creators and developers to mint and manage digital assets known as social tokens, enhancing community engagement within the Web 3. 0 ecosystem. Turing Holdings LLC operates the Roll platform, which enables creators to issue and manage ERC20 social tokens on the Ethereum blockchain. Founded by Adeel Abbas, Bradley Miles, and Sid Kalla, the company is headquartered in New York, US.


It raised USD 10. 00 mn in Series A funding on September 28, 2021, led by IOSG Ventures, with participation from several other investors including Alchemy Partners and Animoca Brands Corporation Limited. Roll offers a suite of products that enable creators and developers to mint, manage, and utilize social tokens. The platform includes custodial Ethereum wallets, Roll Memberships, and Roll Staking for creating liquidity pools and incentivizing token distribution.


Its clientele includes creators, artists, and developers, focusing on markets in North America, Europe, and Asia. Roll generates revenue by retaining 1% of the total social token supply upon minting. Transactions occur between creators and their communities, enabling token distribution through decentralized exchanges like Uniswap. Users can engage in Roll Memberships by depositing ERC20 tokens into smart contracts, fostering a creator economy that emphasizes ownership and value distribution.


Following the Series A funding of USD 10. 00 mn in September 2021, Turing Holdings LLC plans to enhance its platform to better facilitate community interactions for creators. The funding will be utilized to further develop the tokenization capabilities on Roll, thus expanding its user base and services. The company aims to target additional markets in North America and Europe by 2023.


Current Investors

Techstars , Contrary, EONXI Ventures

Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.tryroll.com

Verticals

Blockchain, FinTech, Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

Turing Holdings LLC - employee data

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