Reach raised $1 M in a new round of funding on 2023-12-14.

According to media reports, Reach raised $1 M in a new round of funding on 2023-12-14. the investors in this funding round include NxGen,Punk DAO,dingaling,Zeneca,Gmoney,Seedphrase,Pranksy,0xSun,Mooncat2878 and others. Following this round, Reach has raised a total of $1 M, bringing its latest valuation to $3 M.

Reach is a SocialFi collaboration platform designed for creators and contributors within the Web3 community. Reach enables anyone looking to promote their content to tap into a pool of engaged, verified, and audited user base, and remunerate them for their contribution to their network effects. Developed as a Discord Bot, it allows creators to easily set up missions to promote their content. Missions can be tailored by the target audience and consist of follows, likes, retweets, and comments on Tweets on the X.com platform. Certain missions also have a reward (ETH) attributed to them, which is selected, and funded by the creator, others have leaderboard points rewards, which can be used to purchase missions.