Ninetales is a platform that enables users to create and publish content across multiple social media platforms. The company specifically focuses on solving the lack of ownership creators have over their digital content, as major social media platforms typically reserve the right to block or remove content and creators from their platforms. Ninetales provides full ownership to creators by minting NFTs for each piece of their content and creating decentralized autonomous organizations (DAOs) to combine followers from multiple social media platforms. As of February 2022, the company was part of the Creator Economy Accelerator of DEIP, a domain-specific web3 protocol developer for intangible assets and derivatives, and was working toward creating a secondary marketplace for NFTs. The company’s product pipeline (as of February 2022) also included NFTs for Instagram posts and DAOs for Instagram followers.
In February 2022 , Ninetales raised USD 250,000 from the DEIP Creator Economy Accelerator and angel investor Pavel Anisimov. The funding was to be used to develop its platform into a single point of entry for creators to claim ownership over their content by tokenizing them as NFTs.
By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.