GigaStar
159 N. Sangamon Street Suite 200, Chicago, IL, 60607, United States
Overview
GigaStar operates GigaStar Market, an SEC-registered funding portal under Regulation Crowdfunding (Reg CF) that connects creators and strategic investors. Through its Market, creators can monetize potential future revenue and access thousands of investors while investors can share YouTube revenue and participate in creator economy offerings. The platform has launched seven YouTube channel offerings, raising over $1.2M and attracting more than 12,000 investor accounts. The company plans to use new capital to scale GigaStar Market, attain broker-dealer registration, and develop a secondary market expected by the end of 2024. Led by CEO Hazem Dawani and based in Chicago, GigaStar is positioning its platform to expand creator monetization and secondary trading. It recently secured $3M in additional funding from a group of strategic and institutional investors. GigaStar provides a platform that connects YouTube creators and fans by allowing creators to monetize future channel capital through Channel Revenue Tokens (CRTs). The company leverages blockchain technology to offer streamlined fan funding, innovative fan engagement, and potential long-term royalties. GigaStar is the parent company of GigaStar Market, which is a FINRA member and registered as a Funding Portal with the U.S. SEC. The seed funding will support development of its flagship products: GigaStar Market, GigaStar Portfolio, and a planned secondary market platform. Management intends to use the proceeds to expand operations and broaden the company’s business reach. The company anticipated a soft launch in March followed by a full-scale go-to-market in Q2 2023.
- Total raised
- $8M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Feb 2024
Industries
- Blockchain
- Content Creators
- Cryptocurrency
- Social Media
Recent funding
Equity
Feb 2024
$3M
Seed
Mar 2023
$5M