Reveal, an “ask me anything” social network where users can create and share videos and earn Reveal Coin, has closed its $1.5 million seed round funding. Mike Hirshland of Resolute Ventures led the seed round, joined by Barry Silbert’s Digital Currency Group, Adam Draper’s Boost VC, Baroda Ventures and the Stanford-StarX Fund.
Reveal is a social network that invites members to reveal things about themselves to one another and encourage responses by offering Reveal Coins, the network’s cryptocurrency. Members can earn Reveal Coin by referring new members to the network and by having their responses to questions “liked” by other members. There is a limited supply of coin available to users, and early members will earn more coin.
Users can download a beta app on the Reveal website.
How it works
Members send Reveal Coin, a “currency for attention,” along with questions to others on the Stellar-powered network as an incentive for a