Co-founded by the duo of a former pro-NBA participant and a St Louis native, Calaxy Inc has efficiently managed to boost $26 million in seed funding for its social media platform for content material creators and their followers.
Described as a ‘net 3’ firm, Calaxy funding spherical was led by the HBAR Basis, and large blockchain participant – Animoca Manufacturers. Following together with investments into Calaxy included Polygon, and adopted 2021 seed funding of $7.5 million.
Co-founded by Solo Ceesay, the eight-year veteran of the Nationwide Basketball Affiliation (NBA), and the present participant for the Dallas Mavericks, Calaxy units itself aside as a brand new contender in social media; offering a brand new and extra interactive ecosystem and framework the place content material creators and followers can talk.
The app itself allows creators to publish content material. and immediately have interaction with followers. Followers, in the meantime, are capable of make purchases to help their favorite content material creators utilizing the platform’s native foreign money.
Along with this new wave of profitable funding, Calaxy additionally introduced that Co-Founder Ceesay has additionally been promoted from COO to CEO, whereas its earlier CEO – Dinwiddie – turns into the corporate’s new government chairman.
