MeWe, one of the world’s largest decentralized social networks built on Polkadot, opened a Reg-CF (Regulation CF) investment round via Wefunder to its more than 20 million users. Thanks to Wefunder, the leading platform in the Reg-CF field, individual investors can invest directly in startup companies. Now MeWe users will be able to share in the company’s success with as little as $100.

With more than 20 million users in more than 200 countries and regions, with more than 740,000 currently active on the blockchain, MeWe is leading a large-scale transition from Web2 to Web3, combining the enormous market potential of social networks with an estimated $1 trillion in Web3 transactions. aims to do.

MeWe expects more than 1.5 million users to join the network by the 4th quarter of 2024. This transition aims to offer users unprecedented privacy, control and ownership over their digital identities and social experiences.

“We launched a community investment round on Wefunder to take user ownership to the next level,” said MeWe Chairman and CEO Jeffrey Edell. “Years ago, we envisioned a powerful Big Tech social media alternative where individuals could own and control their own digital identities and social experiences, free from the influence of corporations or data brokers. As we enter this new chapter, we offer our users a personal stake in the future of MeWe and decentralized social media.” “We offer the opportunity to own one.”

The MeWe team is led by leading executives from giants such as Disney, Apple (NASDAQ:AAPL), Yahoo!, 21st Century Fox, Myspace, Warner Bros. and Samsung (KS:005930). The company previously closed a $24 million Series A investment round led by McCourt Global in February 2022.

Anyone can invest over $500,000 starting from $100 at https://wefunder.com/mewe.

MeWe is a social network built with privacy in mind and dedicated to giving users more control over their data and social media experiences. The company offers a groundbreaking “Privacy Bill of Rights” that guarantees users control of their data and news feeds. MeWe allows users to join groups, interact with friends, and have complete control without ads or algorithms. With more than 20 million users worldwide and unique features such as two-way camera and audio & video messaging, MeWe hosts more than 700,000 user-driven interest groups.

MeWe was named a Finalist at the 2024 SXSW Innovation Awards, the 2020 Most Innovative Social Media Company by Fast Company, and the 2019 Best Entrepreneurial Company in America by Entrepreneur Magazine. In 2016, MeWe was awarded as a Startup of the Year Finalist in the “Innovative World Technology” category at SXSW.