tldr: Been working on Exponent, a stock exchange app of creators, on the side for sometime, and launched yesterday! Would love to get your opinions, thoughts and feedback, ama!
Exponent is a stock exchange platform of creators where creators can raise capital from their followers in exchange for tradable digital assets/shares. Works like a typical stock market, IPOs and trading.
Mission is to enable creators (selectively) to leverage their follower base and raise capital for their brands/ventures/big budget long term projects.
We launched with the fantasy app yesterday. Based on feedback in the private beta, realised that a fantasy app will help people understand this new asset class and overall concept without hesitation of putting real money into this platform. Will be launching the real money app soon!
You can check out the application, subscribe to the first creator IPO (IPO closes in 15 days) and also suggest creators that you'd like to see on Exponent.
Cheers! ♥️
Can you please provide more details I was looking out for something like this, I have extra money to park in some new asset class and want to experiment with this Questions:
So first things first: we launched with the fantasy app which does not have real money. Ideally, the use case is for people to play around with it, get comfortable with this asset class and then when the real money application is launched, invest their money.
No credit card required, no payment gateways for the fantasy app. When you sign up you get 5k in your account to play around with. Added gamification to let users get more virtual money.
@Django Isn't this somewhat similar to tyke invest...in their early days they allowed you to invest in startups much like crowd funding but SEBI ordered them to shut it down...and from what I understand creators are running an actual business and they are raising money on your platform as crowdfunding not IPO right??
Very interesting What led you to work on this? What kind of creators will you be targeting starting out
Thanks @AlphaGrindset
The initial idea was very different, but eventually based on talking to people I changed the idea and built the MVP.
Creators who have built a good follower/subscriber base. Also creators who want to start a brand/venture/big budget long term. Objective is not to get involved with any random creator who has followers and subscribers.
Pretty interesting concept!
Am I too dumb to understand this or is it really that complex? What kind of creators? YT and Insta content creators? How would you valuate them? What’s the guarantee that their books are transparent? How would one get exit?
Never too dumb to ask questions ♥️
Hope these answer your questions. Do check out the app though
Hey Grapevine!
Need your help with something I've been working on!
Exponent is a platform enabling creators monetise their followers. We're launching a new asset class for fans and followers to support their favourite creators while cr...
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