Wefunder
05/19/2022
07/28/2022
$50,000
$5,000,000
$100
Convertible Note
RegCF
$100,000,000
0%
Rolling Commitments $
Active
05/18/2022
71
0%
0%
$0
New York, New York
Media, Entertainment & Publishing
MediaTech
Rainshine Global, with a valuation of $100 million, is raising funds on Wefunder. The company has created a content studio and blockchain marketplace for global creators. The marketplace, RainBlox, helps global creators in the global launch and monetization of their content with transparent rights and contracts. It also enables fans to become active community members and investors. Neeraj Bhargava founded Rainshine Global in October 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5,000,000. The campaign proceeds will be used for content development, working capital, and development of the RainBlox platform.
Summary Profit and Loss Statement
|
Revenue |
$5,589,607 |
$0 |
|
COGS |
$5,261,725 |
$0 |
|
Tax |
$-36,689 |
$0 |
|
|
||
|
|
||
|
Net Income |
$-3,747,447 |
$0 |
Summary Balance Sheet
|
Cash |
$2,277,590 |
$0 |
|
Accounts Receivable |
$571,277 |
$0 |
|
Total Assets |
$30,753,345 |
$0 |
|
Short-Term Debt |
$4,930,731 |
$0 |
|
Long-Term Debt |
$3,168,108 |
$0 |
|
Total Liabilities |
$8,098,839 |
$0 |
Financials as of: 05/19/2022
