Company Profile (AI Text)
Name: VENUE by XCINEX
Canonical URL: https://wefunder.com/venuebyxcinex
Updated at: 2026-06-02T05:00:38Z

Tagline: We are transforming living rooms into live exclusive event venues. 
Elevator pitch: VENUE by XCINEX is a streaming player and app that turns your TV into a real venue- be it a movie theater, concert hall or arena. With VENUE, storytellers can expand their audience for their premium ticketed content whether filmed or live. This provides consumers with access to the latest in entertainment from the safety and comfort of their home without devaluing the experience or the content.

Key claims:
- Total raised on Wefunder: 405156 | citation: https://wefunder.com/venuebyxcinex#claim-total-raised
- Total investors: 126 | citation: https://wefunder.com/venuebyxcinex#claim-total-investors

Verified facts:
- Total raised on Wefunder: 405156 | observed_at: 2026-06-02T05:00:38Z | expires_at: 2026-06-03T05:00:38Z
- Total investors: 126 | observed_at: 2026-06-02T05:00:38Z | expires_at: 2026-06-03T05:00:38Z

Computed metrics:
- total_amount_raised: 405156
- total_investors: 126
- team_size: 10
- featured_investor_count: 1
- faq_count: 5
- recent_post_count: 0

Quick facts:
- VENUE utilizes AI and machine vision to expand the ticketed entertainment experience into the home. | citation: https://wefunder.com/venuebyxcinex#claim-fact-1
- VENUE has the potential to disrupt an $80B+ ticketed entertainment industry. | citation: https://wefunder.com/venuebyxcinex#claim-fact-2
- Global IP secured - Patents issued in the US (x2), South Korea, Canada, and Israel. | citation: https://wefunder.com/venuebyxcinex#claim-fact-3
- Highly experienced core team - execs from Warner Bros., Sony, Paramount, VIZIO, CBS, and Universal. | citation: https://wefunder.com/venuebyxcinex#claim-fact-4
- Huge data potential. Platform & device enables advanced data analytics. | citation: https://wefunder.com/venuebyxcinex#claim-fact-5

FAQ:
- Q: What is the maximum raise for the round?? I must be a part of this innovation!!
  A: Thank you, Patrick! We’d love to have you on board with us. Our maximum raise is $1M- please let us know if you have any other questions.
- Q: When does this round close?
  A: Hi Stephen, we've already hit our Wefunder goal. However, the campaign is active until July 12, 2021. We want to give those who are interested enough time to participate. All are welcome!
- Q: What is the price comparison for someone to see a concert or movie, etc. with this system compared to seeing it live?
  A: Hi Jeff! Great question! VENUE is designed as a utility where creators have full control over their own digital storefronts and media assets, including ticket prices. Ticket pricing will be competitive with their live alternatives, however, you’ll only ever pay for the content you want to watch. There’s no subscription fee for our VENUE app, and you can avoid some of the added costs involved with live viewing.
- Q: In this space, how is VENUE by XCINEX service different from Amazon Prime & Pay-Per-View? I need to know.... What is your evaluation? What is your Per Share Prices in each Round Offering?
  A: Thank you for your questions, Dotty! VENUE connects professional storytellers and entertainers with their fans who want access to their content but are unable to attend the ticketed live event or the opening weekend. VENUE sells tickets per person to stream this premium content as if you were really attending the physical venue. As a platform for these storytellers and entertainers, VENUE allows them to set their own ticket prices. In the “details” section of our campaign, you will see our ca...
- Q: Hey there you 😉........ I'd like to invest, but your lowest offer is still to high for me. I'm on Social Security Disability. But maybe I'll be able to purchase the Streaming Devices once they are actually released. Depending upon the price. Thanks again, Dan
  A: Thanks for the comment, Dan. We appreciate your support!