GigaStar, a Chicago, IL-based company that accelerates human creativity by bringing YouTube Creators and Fans together as partners in revenue sharing securities, raised $4.8M in Seed funding.
Participants included DV Crypto VC, Tomsic Holdings, Nameless Ventures, and Belvedere Strategic Capital. The company intends to use the funds to expand operations and its business reach.
GigaStar gives creators streamlined access to fan funding, innovative fan engagement, and potential long-term royalties by leveraging blockchain technology. YouTube creators can monetize their future capital by offering fans rights to a percentage of their channel’s potential future revenue, represented by Channel Revenue Tokens (CRTs).
GigaStar is the parent company of GigaStar Market, a member of Financial Industry Regulatory Authority (FINRA) and registered as a Funding Portal with the U.S. Securities and Exchange Commission (SEC).
Funding will support the development of GigaStar’s flagship solutions: GigaStar Market, GigaStar Portfolio, and its planned secondary market platform. The company anticipates a soft launch in March, followed by a full-scale go-to-market in Q2 2023.
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