Fanbase Social Raises $4.5M in Crowdfunding

Fanbase, the ad-free social media platform, has triumphed in its equity crowdfunding round, securing over $4.50 million, pushing the total raised funds to $10 million. This marks the third seed round for public investment via StartEngine, emphasizing the platform's dedication to equity and inclusivity in social media, especially for marginalized communities. Isaac Hayes III, founder, envisions Fanbase as an ecosystem where every user is a part-owner. Their motto "Be You. Without Limits." reflects their commitment to democratizing social media. Hayes expresses the platform's aim to empower its community, inviting users to invest in the platform they believe in, transforming users into a collective voice for success. Fanbase distinguishes itself by offering various media features and a monetization framework where users can subscribe to each other, facilitating content monetization directly through profiles. The platform's affordability and inclusivity foster a c...