The Block founder invests in Web3 content platform REPUBLIK, raises $3.5 million at a valuation of $75 million.

The Web3 content platform REPUBLIK, dedicated to bringing revenue to creators through smart contracts, announced last week on the 5th that it raised $3.5 million in seed funding, with a valuation of $75 million.

Investors include media The Block founder Mike Dudas' 6th Man Ventures, Arcane Group, Define Ventures, Enjin, FBG Capital, Mirana Ventures, Sora Ventures, and Tron Network led by Sun Yuchen.

Sora Ventures founder Jason Fang commented:

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REPUBLIK can bring new changes to creators, the tools it provides can accelerate creative efficiency, and bring vitality to the creator economy.

REPUBLIK: A Platform for Easily Monetizing Creativity

REPUBLIK is an all-in-one platform where creators can engage with their audience and earn a larger share of revenue.

Its ecosystem rewards creators and their audience in a unique way for their contributions to the platform, allowing everyone to make money through interacting with content, referring friends, and supporting creators: unlike current social media platforms that freely occupy their time and attention.

REPUBLIK is known for its exclusive, creator-filled parties and multi-person video calls held in its offices in Los Angeles, Singapore, and Berlin, actively building relationships with creators worldwide.

This year, REPUBLIK launched a global creator pre-selection. Over 500 people joined the founding community, bringing a total influence of over 50 million.

REPUBLIK has seen rapid growth, with over 85,000 people using its alpha version within 3 months of release, all achieved without spending a penny on advertising.

In 2023, new features will be introduced, changing the relationship between content platforms and their users forever, including an xp system that allocates value to users and creator tokens that allow audiences to support their favorite creators in new ways.

REPUBLIK's long-term vision is to continue unlocking the value of every social media user on Earth while creating standards for collaboration and monetization of creativity.

Earning XP on REPUBLIK

Users can join REPUBLIK through APP.REPUBLIK.GG or by downloading from the Apple store or Google Play to start earning XP on REPUBLIK and receive airdrops.

Interact with the platform or simply download the app from the application or Google Play store, and you can start earning XP on REPUBLIK and receive allocated airdrops.

REPUBLIK Founder: Bridging the Web2/Web3 Divide is Key

REPUBLIK founder Daniel He stated:

"2023 marks the beginning of a new era in cryptocurrency. From the origin of Bitcoin's single currency system to the explosive Cambrian explosion of smart contracts and dApps post-Ethereum's origin, we are now poised at the forefront of the next revolution. This revolution will happen on a thousand different levels through a plethora of applications and ecosystems, all with a common goal: adding value to the lives of the general population."

"The heroes driving this revolution will not be new L1s, financial applications, or cross-chain bridges, but platforms that can bridge the gap between Web 2 and 3. We are building REPUBLIK to be one of these bridges. It will be a platform that breaks down various interaction barriers, allowing everyone to have a place in the ecosystem and receive fair rewards for their contributions."