This story was originally published on Passionfruit.
Fanbase, a monetized social media network that allows users to make money through subscriptions and virtual currency, opened its second funding round on StartEngine last week. Previous to this round, Fanbase raised $3.5 million dollars in its 2021 seed round. The company’s goal now is to raise another $2.6 million—and after 10 days of its second round being open, it’s already raised more than $817,000 of that goal.
On the heels of this fundraising news, the Daily Dot spoke with Fanbase’s founder Isaac Hayes III. He’s an Atlanta-based music producer and songwriter turned technology entrepreneur. Hayes’ songwriting-producing credits include T-Pain’s “Buy You A Drank” and soundtrack music for Pitch Perfect 2. (Yes, his father is soul icon Isaac Hayes.) More recently as a producer, Hayes has utilized social media to market his stuff.
