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ASCEND

USA, New York
Market: Information and media, Education, training, Entertainment
Stage of the project: Operating business

Date of last change: 21.10.2022
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Idea

A new dimension in social media free of spam and censorship, moderated by the community, where everyone is a creator - and its easy to monetize your wisdom.

Current Status

989 users with little marketing
$330K raised to date primarily from friends + family
Product launched Feb 2022 - public beta, with latest app version released to app/play stores Sept 2022

Problem or Opportunity

On ASCEND, content is designed to inspire personal growth and expansion. There is no centralized censorship: all content and comments are reviewed and scored within community tiers to deter low value content, misinformation and hateful commentary. No longer is credibility measured by followers or following. Instead, category expert scores create a new paradigm in influencer marketing, driven by expertise and quality, not popularity that's often artificial. Plus, all users are invited to become creators and easily monetize their content in a multitude of ways we made easy.

Solution (product or service)

Anchored in trust and transparency, all content within ASCEND is moderated through the community itself with no centralized censoring authority. Content added to the platform first goes through a round of reviews and is scored according to helpfulness and eventually by individual creators according to overall resonance. Only content scored at a certain level is approved to be shared in the community whereas low value or irrelevant content isn’t permitted at all.

Business model

Monthly subscription fee
Transaction fees on all costs exchanged on app (tiers, group, sponsored content)
advertising (coming soon)
crypto currency underlying content economy

Team or Management

5,00
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