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CinemaDraft, LLC has launched its equity crowdfunding campaign on Wefunder, the foremost platform of its kind. Bringing the thrills and competition of fantasy sports to the movies, CinemaDraft is free to play and left private beta in October of last year.The success of the CinemaDraft Wefunder campaign will supply the company with seed funding to build out its successful beta-stage platform, enter the market, and support continued growth. Investors in the CinemaDraft Wefunder campaign receive Simple Agreement for Future Equity (SAFE) rights proportional to their contributions at a 20-percent discount and a $5.5 million valuation cap.
CinemaDraft players assemble lineups of actors from current movies, earning points based on each film's North American box office earnings. With cash prizes for the winners of free-to-play daily competitions, CinemaDraft has grown rapidly since the mobile-responsive web app entered public beta. In addition to SAFE grants, Wefunder investors who contribute at least $250 will be eligible for perks ranging from a $25 MovieTickets.com gift card to a special night out with CinemaDraft founder Edwardo Jackson for those who invest at the "Global Superstar" level.
"We're happy to report that our Wefunder seed funding campaign is now live," said CinemaDraft founder and CEO Edwardo Jackson panelist on startups and impact investing. "Just as with our earlier private testing, public beta has been extremely productive and exciting. We're now getting ready to build up the platform further as we prepare to enter the market. Our unique approach to melding fantasy sports with the movies has already caught on with our many beta-stage players and we think it's going to become a real phenomenon once we open the free service up to all. Invest in CinemaDraft today!"
In the face of a steadily proliferating array of entertainment options, CinemaDraft was founded to create new ways for movie studios to engage with audiences and for fans to support their favorite films. With ticket brokering fees, studio sponsorships, and premium mobile subscriptions projected to supply revenue, CinemaDraft will allow film lovers to compete for cash prizes free of charge as they pit their knowledge of the movies and the top stars against others'. Would-be investors and others can learn more at the CinemaDraft Wefunder campaign page and from a New investor video trailer.
About CinemaDraft, LLC:
Fantasy sports meet the movies in CinemaDraft, a free to play game where participants draft their favorite actors from current films and compete for cash prizes against others.
Contact Info:
Name: Edwardo Jackson
Email: Send Email
Organization: CinemaDraft, LLC
Address: 848 N. Rainbow Blvd., Suite A7 Las Vegas, NV 89107 USA
Phone: 818) 583-7678
Website: http://wefunder.com/cinemadraft
Release ID: 221173
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