CharmVerse

CharmVerse

All-in-one DAO operations platform handling docs, tasks, bounties, proposals, and more. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD21—31m (Dealroom.co estimates Jun 2022.)
White Plains New York (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues<1m1.1m
% growth-110 %
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Recent News about CharmVerse

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More about CharmVerseinfo icon
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CharmVerse is an innovative platform that leverages the power of NFTs (Non-Fungible Tokens) to create unique digital collectibles known as Charms. These Charms are essentially professional IOUs (I Owe You), where business professionals pledge to offer specific services or support, such as giving advice, posting a sponsored tweet, or appearing as a guest on a podcast. The platform is designed to help professionals connect, support each other, and raise money for charity.

CharmVerse primarily serves business professionals, entrepreneurs, and influencers who are looking to expand their networks and make meaningful contributions to charitable causes. The market it operates in is the intersection of professional networking and the burgeoning NFT space, which has seen significant growth and interest in recent years.

The business model of CharmVerse revolves around the creation and auctioning of these Charms. When a professional creates a Charm, it is put up for auction on the platform. The proceeds from these auctions, minus processing fees, are donated to a 503c3 charitable organization chosen by the Charm issuer. This not only helps raise funds for charity but also allows professionals to build their personal brand and community.

CharmVerse makes money by charging processing fees on the transactions that occur on its platform. Additionally, the platform benefits from the trading of Charms in its marketplace, where the value of these digital collectibles can increase as the issuer's reputation and success grow.

In summary, CharmVerse is a unique platform that combines professional networking with the charitable giving and digital collectible markets. It offers a new way for business professionals to connect, support each other, and contribute to charitable causes through the creation and auctioning of customizable NFT-based IOUs.

Keywords: NFTs, professional networking, digital collectibles, charity, auctions, business professionals, community building, marketplace, personal branding, fundraising.