# Mad Realities

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mad-realities

- Industry: Media
- Headquarters: Brooklyn, US
- Website: www.madrealities.xyz
- Total disclosed funding: $6M
- Latest round: Seed (Apr 25, 2022)
- Investors on record: 4

## About

Based in Brooklyn, US, founded in 2021, Mad Realities operates as a developer of a cryptocurrency-based community TV channel. The company was founded by Devin Lewtan and Alice Ma. In April 2022, Mad Realities raised USD 6 million in seed funding led by new investor Paradigm, along with investors 11:11 Media, Long Journey Ventures, and Maveron.

Mad Realities develops a media platform that allows users to create TV shows based on cryptocurrencies and NFTs. The company posts episodes of a show called  Proof of Love which is a YouTube show and provides various types of NFTs to viewers such as The Sangria Rose Ticket NFT which allows viewers to have a say in the show's story, The Sequin Rose Ticket NFT enables the viewers to earn a producer credit and other NFTs which have different features such as putting your friend in the show, play a role in the show, etc.

The company plans to use the funding for hiring engineers to construct the platform, which will allow producers and audiences to generate content and earn the platform's cryptocurrency.

## Funding rounds

- Seed, Apr 25, 2022, $6M — Maveron, Long Journey Ventures, Paradigm, 11:11 Media

## Investors

- Maveron (https://capitalatlas.ai/funds/maveron) — Seed
- Long Journey Ventures (https://capitalatlas.ai/funds/long-journey-ventures) — Seed
- Paradigm (https://capitalatlas.ai/funds/paradigm) — Seed
- 11:11 Media — Seed