Singapore
lit.it is a social video app for creators, audiences, and advertisers, aiming to facilitate entertainment experiences and earnings. The platform values and rewards creativity and dedication, offering a community-driven space where artists and fans can earn points by crafting, viewing, and sharing short-form videos and diverse creative content.
These earned points can be exchanged for in-app features and tools, amplifying creative potential, enhancing experience, and broadening capabilities. Engagement with content and sharing continue to accumulate points, with influencers and creators also earning through introducing their audiences to the platform's advantages and sharing a unique referral link.
Founded in 2020 and headquartered in Singapore, lit.it flourishes as a dynamic community driven by content creators, audiences, and the content itself, where each component holds inherent value. The platform's Blockchain, Social Media, and Web3 focus reflects its forward-thinking approach.
The company accumulated a $3.00M Pre Seed Round investment on 01 January 2021, marking a promising early-stage backing.
Despite a lack of information about the specific investors, this investment signifies a vote of confidence in lit.it's potential and positions it favorably for future growth and development in the evolving social media and content creation landscape.
