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Capsule Social
Decentralized social media network
- 1-20 employees
- B2C
- Marketplace
- Networking
- SaaS
- Social Media
- Blockchain
- Middletown, DE
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Company mission
To build a brighter, more decentralized future.
Our take
There are some major concerns regarding centralized social networks. Users are the product and not the customer, making them susceptible to manipulation on interests such as voting behaviour, with these networks also fairly easy to hack.
Decentralized alternatives, such as Capsule, are not owned by major companies, and so don't have shareholders whose interests might not be aligned with those of users. They also don't store large amounts of data and are not so easy to hack. Capsule is aiming to provide exceptional user experiences, quality, performance, ease of use and high-quality engineering that draws on advanced technologies.
Capsule's prototype product, Blogchain, went live in 2022. The company plans to use recent funding to reach new customers, develop an app, and is focusing on broadening its engineering capabilities.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Freedom to work from wherever you want
- Fair pay, no matter where you live
- Generous work-from-home allowance and coworking stipend
Funding (last 2 of 3 rounds)
Jun 2022
$2.6m
SEED
Mar 2021
$1.5m
SEED
Total funding: $6.1m
This company has top investors
Leadership
Nadim Kobeissi
(Research Engineer)Previous Director at Symbolic Software, and Professor of Computer Security at New York University. Writer of research software such as Verifpal.