Distributed Monthly Rewards. We distributed 1,353,842 Narrative reward points (our largest monthly distribution to date) for the month of September. This brings our total distribution to 7,808,812 Narrative reward points since April 2019.
Deployed Publications software release. We added a new channel and revenue stream to Narrative. Publications are branded spaces within Narrative that offer control over who can write, edit, and administer content. They are perfect for groups or organizations that want to control their own content. Each new Publication starts with a six month trial during the Beta!
Added more transparency. We deployed a Narrative page that displays links to all of the Narrative NRVE Wallets.
Formed a Community Advisory Group (CAG). This is a small group of active Beta members who will meet monthly with Narrative executives for feedback and discussion about the platform. Similar to how we integrated a few community members into the Tribunal last month, this is an early model for the Narrative Committee - an important part of the future governance. The first video call will be later this month.
Issued the latest Narrative Newsletter. The Newsletter went out to our Narrative email list highlighting events from the month. Here is the link if you want to read. To subscribe to our email list click here.
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
Legal May 16th 2016
Wefunder Portal LLC
for 271 startups
Wefunder Advisors LLC
for 101 startups
for 3 startups
Curious how well the companies have done? Or how many raised follow-on financing?
Some fine print: 1) These numbers include startups currently live on Wefunder if they pass their minimum target. 2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
Join 471,133 investors who funded 358 startups with over $127.5 million1
wefunder.com/updates/126655-busy-week-narrative is managed by
Wefunder Inc. runs wefunder.com and is the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Advisors is an exempt reporting adviser that advises SPVs used in Reg D offerings. Wefunder Portal is a funding portal (CRD #283503) that operates sections of wefunder.com where some Regulation Crowdfunding offerings are made.
Wefunder, Inc. operates sections of wefunder.com where some Regulation D and A offerings are made. Wefunder, Inc. is not regulated as either a broker-dealer or funding portal and is not a member of FINRA.
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