Reveel 2022 Recap
As 2022 comes to a close, we would like to share some exciting developments and achievements of Reveel with the community!
First off, we are proud to announce that we raised 1.3 million in funding from multiple VCs, led by Binance Ventures. This has allowed us to continue working on our platform and bring it to the next level.
In the beginning of the year, we launched the beta version of Reveel, which included basic revenue splits on the blockchain, to allow users to automate splits for their web3 projects.
In June, we attended NFT NYC, where we facilitated revenue splits for artists performing at the wavWRLD wavROOM experience and the Chill RX studio session. It was a great opportunity for us to show off our platform and support creators in the web3 space.
Soon after, we released the Reveel Revenue Protocol v1, which allowed users to create complex split structures through tiers and mutable paths. This added a lot of flexibility and functionality to our platform.
Since then, we've been updating and improving our protocol. We added support for other tokens like USDC, DAI, and WETH, and we also enabled splits to happen on layer 2 chains like Polygon, Optimism, and Arbitrum.
To show off these updates and support creators in the web3 space, we sponsored the first ever Sound Lounge Live in LA. It was a great opportunity for us to demonstrate the capabilities of our updated protocol and connect with others in the community.
In December, we attended Art Basel Miami and facilitated on-chain splits for the artists performing at another wavROOM experience.
Finally, we started rolling out Season 1 of The Web3 Creator Show, a podcast where we interviewed leading musicians, developers, collectives, and platforms in the web3 music space.
Today, over 300 creators are receiving on-chain revenue through Reveel. As we move into the new year, we have lots of plans to make our platform more efficient for creators and easier for developers to use. We can't wait to work with creators and collectives to facilitate their web3 revenue management.
Thanks for your support and stay tuned for more updates!
Best,
The Reveel Team