Today we're announcing something new in payments.
On July 13th, Credible’s curated raise goes live with @MetaDAOProject, powered by @solana.
After processing $700M+ in volume with a revenue run rate of $3.5M, we're ready to share ownership with you.
You can use Stripe, MoonPay, or Bridge. You can't own them.
You can own Credible.
We are putting $2,000,000 of our own capital into a fund to invest into app builders.
Currently looking for a fund manager to help run this.
Probably one of the coolest opportunities in the world for an investor to come in and reshape how venture capital works with us.
If you think you're qualified, reach out to me or @metaproph3t
now that @ripcarsio has successfully raised follow-on financing, we need a new GP for Ownership Ventures
insane opportunity to be on the frontier of internet capital markets & liquid venture. more details below
DM or email me - proph3t@metadao [dot] fi
Funding one consumer app founder with $100k+ and flying them to NYC to build with me for a month.
Required:
10+ paying customers. Full time on your app. Willing to build in public.
We'll give you up to $10k/mo in ad spend and cover your apartment.
DM me your app + traction.
MetaDAO Roadshow
A new series of private conversations with top founders launching on MetaDAO
First up: @nftimm
We'll dig into The Syndicate team, the business, and their live raise on Backable
Tomorrow (Thurs 10/8) · 11am PT / 2pm ET
Invite-only. Luma link below:
What if the people funding your app were also the people using it, sharing it, and helping it grow?
That’s the idea behind raising with us on @MetaDAOProject.
Apps in our portfolio have 10x'd their users and went on to raise VC capital. Could be you too
Welcome to Backable, a global fundraising platform for frontier ideas built by MetaDAO, designed for the bold, the brave, and the radically different.
Build a business. Chase a dream. Be early to something big.
The only question that matters is “Are you Backable?”
Some personal news: I recently joined MetaDAO.
Working at Colosseum with Matty, Clay, Nate, and Max was a dream job. I learned a tremendous amount from each of them, and I will miss the team deeply.
Colosseum represents the very best of our industry -- running the world’s largest hackathons, writing checks before ideas are fully formed, and building open-source tools so a thousand flowers may bloom. It’s been an honor to work with our founders, and I’m excited to keep supporting them from my new seat.
Ever since I got oneshotted in 2023, I've thought about MetaDAO every single day -- with only a few notable exceptions. And along the way, I’ve tried to help. At Delphi, that meant writing slightly verbose research reports to spread the gospel. At Colosseum, it was STAMP, the Inaugural MetaDAO Owners Meeting, and [redacted].
Now, it’s time to go all in.
I love this industry and am optimistic about what we will build. But we haven’t lived up to our own expectations. The blockchains work. And the stablecoins work. So where are all the generational businesses?
It’s not that crypto is useless. It’s that too often, we reward launching tokens more than building lasting companies. I believe MetaDAO can help change that by giving founders a better way to raise money and build businesses on the internet.
Fundraising is how we will bring decision markets to the world. Our ambition goes beyond helping founders raise money -- it’s to change how companies are run and, ultimately, how institutions and perhaps even AIs make decisions.
For three years, I’ve believed in what MetaDAO could become. Now I get to help build it alongside Prophet, Kollan, and the rest of the team.
Long live the Meta DAO
Looking to fund 2-3 app builders with $100k-$350k.
Must haves:
-All in on your app
-Willing to build in public
-Have 10 or more paying customers
We'll also provide up to $10k/mo in ad spend, support from our design team, and thousands of people who want to see you win. DM me!
It's really cool that MetaDAO has thousands of investors.
All over the world, there are people in our corner fighting for us 24/7.
Founder intros. Feedback on product. Investor intros. Niche industry expertise.
Basically anything I need as an operator to make MetaDAO a massive success, there's usually someone in our network who can help.
This community ownership thing.. we might be onto something here
I sat down with @MaxHirsch13 in NYC to talk about growing consumer apps.
A couple takeaways:
- Make your own content, find what works, then hire creators to scale it.
- Build in public, keep talking to users and improving the product, not just pushing more content.
What do y'all think of his advice?
Be @allocateur
Raise $250,000 on MetaDAO to build Hot Wheels gacha + marketplace
Launch 1.5 months later, all packs sell out in ~an hour
2 weeks later, raise $475,000 at a 5x markup from @dba_xyz and angels, who are making the bet that the business could get a lot bigger
It’s very rare for us solo app builders to have any VCs on our side.
We are often overlooked because we’re building in “saturated markets” or because we’re not researchers from MIT.
That said, there are always exceptions.
@mitchellsniffle from @MetaDAOProject is THE exception.
I’ve never met an investor that rooted for the scrappy, bet-against founder like Mitchell.
What he’s building at MetaDao is genuinely awesome and provides founders with a) instant liquidity and b) investors that can supercharge their growth.
He’s currently looking for scrappy founders like you to invest $100-$300k in. Message me for a warm intro or message him yourself.
This is not a paid advertisement, just a true appreciation post for an awesome platform