New TikTok alternative, Favorited livestream app, scores $1.3M funding – Redoma Tech

New TikTok alternative, Favorited livestream app, scores $1.3M funding

  • news
  • April 1, 2024

Meanwhile Instagram caused a stir by axing its fact-checking program.

But hey let’s not dwell on the drama when we’ve got exciting new startups like Favorited making waves né?. but came back in a flash.

Favorited is like the new kid on the block carving out its space in the livestream app scene, aiming to give creators real-time engagement with their fans. Plus, there are battles and collabs to amp up the fun and help you grow your fan base.

The brains behind Favorited are David Tesler and Zach Ferraro, who are all about turning livestreams into a game. Word on the street is that they just scored a hefty $1.3 million in pre-seed funding né?. Oh, and in case you’re curious, the app’s up for grabs on the App Store and Google Play Store.

Let’s see if Favorited can shake things up in the social media world like a boss! né?. The app’s already making a killing in revenue and has big plans for global expansion né?. And get this – creators are raking in serious bucks with reports of Jaysingzs pulling in over $40000 in one month on Favorited.

With new funding from big shots like HF0 and Soma Ventures Favorited is scaling up fast né?. Hey folks, it’s been quite a rollercoaster ride on social media this month! TikTok had a brief blackout in the U.S né?. And get this: they’re offering a sweet deal with a 70/30 revenue split for creators, unlike TikTok’s 50%.

To kickstart your streaming journey on Favorited, you’ll need a hundred followers, but anyone can hop into ongoing streams né?. Ferraro even believes we’re moving away from mindless scrolling to more meaningful interactions – and we’re here for it!

While Favorited is gearing up to take on the big guns, they seem to be holding their own, attracting top-notch investors and boasting 1.3 million users already. Think gifting games streaks and leaderboards – all the cool stuff né?

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