Reveel is a technology company dedicated to revolutionizing the collaboration economy by providing innovative solutions that empower individuals and businesses to seamlessly transact in a digital world. The company's mission is to simplify the payment process, enhance security, and foster trust among all parties involved. Reveel aims to be the leading platform for facilitating transactions in the evolving landscape of the collaboration economy, driving growth, enabling financial inclusion, and promoting economic empowerment for all users.
Key Strategic Focus
Reveel's strategic focus centers on developing a revenue management platform tailored for Web3 businesses. The platform enables Web3 platforms to offer revenue sharing and payout functionalities to their users, facilitating market access and frictionless collaboration. By providing tools that help creators, collectors, and developers gain insights from the performance of their on-chain business, Reveel addresses the unique needs of the decentralized economy.
Financials and Funding
Since its inception in 2020, Reveel has secured funding through various channels:
- Accelerator/Incubator (March 2020): Initial support to kickstart operations.
- Early Stage VC (April 2021): Funding to advance product development.
- Accelerator/Incubator (May 2022): Support during the beta testing phase.
- Early Stage VC (September 2022): Further investment during product beta testing.
- Seed Round (October 2023): Capital infusion to support revenue generation activities.
- Accelerator/Incubator (October 2023): Additional support during the revenue generation phase.
Notable investors include Store No 8, GTS Ventures, Jets Capital, Outlier Ventures, and Synergis Capital.
Technological Platform and Innovation
Reveel's platform offers several key features:
- Recoupment and Splits: Allows pre-distribution of revenue to ensure initial investments are returned before distributing remaining revenue among collaborators.
- Primary and Secondary Splits: Enables revenue distribution to change once certain revenue thresholds are met, catering to various business models.
- Revenue Milestones: Adjusts revenue distribution as specific revenue milestones are achieved, incentivizing early partners.
- Cap Earnings: Sets limits on earnings for project partners, ceasing distributions once predefined caps are reached.
These features are particularly beneficial in the creator industry, including musicians and authors, as well as in the NFT market, ensuring fair and transparent revenue sharing.
Leadership Team
- Adrien Stern: Co-Founder & Chief Executive Officer.
- Walid van Boetzelaer: Co-Founder.
Their combined expertise drives Reveel's mission to innovate within the Web3 space.
Competitor Profile
Reveel operates in a competitive landscape with several notable companies:
- Split Protocol: Offers dynamic payout flows for creators and businesses, similar to Reveel's offerings.
- Uniswap V3: A decentralized exchange that, while not specifically designed for payout flows, can be utilized for such purposes.
- Chainlink Keepers: Automates smart contracts and earnings distribution, though not specifically tailored for payout flows.
These competitors provide alternative solutions in the decentralized finance and payment processing sectors.
Strategic Collaborations and Partnerships
Reveel has established partnerships with several projects in the blockchain space, including:
- Lens Protocol
- Zora
- Foundation
- OpenSea
- Manifold
- Decent
These collaborations enhance Reveel's ecosystem, allowing it to assist partners with revenue sharing and expand its reach within the Web3 community.
Operational Insights
Reveel's strategic considerations involve leveraging its innovative platform to address the unique needs of the collaboration economy. By focusing on transparent and flexible revenue distribution mechanisms, Reveel differentiates itself from competitors and strengthens its market position.
Strategic Opportunities and Future Directions
Looking ahead, Reveel aims to expand its platform's capabilities, explore new partnerships, and continue innovating to meet the evolving demands of the Web3 ecosystem. By building on its current strengths and fostering a culture of continuous improvement, Reveel is well-positioned to achieve its future objectives.
Contact Information
- Website: www.r3vl.xyz
- Headquarters: New York, NY, United States
