BitMovio on Netcapital

next-generation gamified video entertainment platform

Raise to date: $33,316

Reporting Date: 01/19/2020

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Common Stock

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No Review

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SEC Filing Data from Kingscrowd

BitMovio, with a post-money valuation of $6.96 million, is raising funds on NetCapital. The BitMovio platform offers gamified video entertainment to next-generation users. The platform changes the way how content creators are paid, how content creators and users interact, and how attention is rewarded. The company follows a freemium business model. BitMovio was founded by Simon Zhu, Jerry Kowal, and Riz Virk in 2018 and has raised $1.2 million since its inception. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $500,001, and the proceeds will be used for research & development, marketing, user acquisition, content funding & partnership, and admin and operational expenses. BitMovio already has over 300 content creators and more than 14,000 registered users, with over 6,500 hours of content on the platform.