This round is no longer accepting investments, but others just like it are live now.

CLOSED

GET A PIECE OF PRAISE

Currency with a Conscience™

Praise is a gamified digital currency and NFT platform. We partner with top brands and artists to design 3D-rendered collectible tokens that unlock custom experiences for superfans. We also disburse new tokens to our community on a daily basis as automatic rewards.

Show more

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Company Image

$249,903.60 Raised

REASONS TO INVEST

Reasons Icon

Digital commerce is expected to become an $11.5+ trillion dollar market over the next few years. Other overlapping markets include the Gig Economy, remittances, cryptocurrency, and NFTs.

Reasons Icon

Praise’s first pilot partner is Rock Mafia, the music label that has collaborated with Eminem, Ariana Grande, John Legend, Selena Gomez, Zedd, Britney Spears, and countless other household names. Other major partners include Mousebelt, Hawke Media, Verses, and Wise Token.

Reasons Icon

Praise is backed by LaunchTeam, a successful marketing agency owned by the founder—and several early Angel investors have already invested in the project.

TEAM

Jesse Tevelow

Jesse Tevelow • Founder and CEO

3X Bestselling Author, Techstars Alum, Investor. Jesse has built multiple startups and helped over 50+ clients go to market.

James Sommerville

James Sommerville • Brand Design Advisor

Formerly Global VP of Design for Coca-Cola

Ian Arden

Ian Arden • Technology Advisor

Ian is an interim Technology Advisor consulting the company in a part time capacity.

Overview


Currency with a Conscience™, developed by seasoned industry experts 

 

Praise is a digital wallet and NFT platform that makes currency feel more human. We partner with celebrities, thought-leaders, and top brands to mint limited-edition NFT tokens, which are tradeable on our platform. Praise is currently in development and not yet available on the market.


*Images are computer generated demo versions. Product is still currently under development.


Founder and CEO, Jesse Tevelow, is a three-time bestselling author, product designer, and the founder of an international marketing agency that has helped more than 50 companies and brands go to market. Their clients have raised more than $500 million to date. He also co-founded a game company that has leveraged in-app digital currencies to generate over $100 million since 2009 (Source). Tevelow’s experience with digital currency spans over a decade, and his writing has been featured in publications like Bloomberg, Forbes, The Next Web, and Entrepreneur. 


Today, he heads the team at Praise, which includes the former Global VP of Design for Coca Cola, a former member of the FBI, a finance manager from Accenture, a Boston University professor, as well as a robust technical and design team that has built and launched multiple large-scale projects. The entire Praise team shares a passion for innovation, and we’re on a mission to bring digital currency to the mainstream.


Here’s a word from our Core Advisor and Director of Brand, James Sommerville, who previously led Coca-Cola’s brand design.

 







THE PROBLEM


Blockchain technology still isn’t fully mainstream, despite its potential to solve a lot of problems 

According to recent studies, millennials are the largest living generation in the US, estimated to max out at about 75,000,000 as more immigrants enter the country (Source), and in the very near future, they will have the greatest combined purchasing power in history. While many millennials participate in global transactions, they generally don’t trust businesses that store their sensitive personal information.



(Source)


While blockchain tech offers a better solution, it hasn’t reached mass adoption, primarily due to instability of token prices and poor user experience. Most cryptocurrencies are highly volatile assets because they aren’t regulated by any central institution, and the market is too small for them to sustain a consistent price over time.








THE SOLUTION


Leveraging the blockchain to offer cheaper, faster, and more secure transactions—all rooted in fun 


Praise utilizes blockchain technology at the core, but still offers a non-crypto option as we bridge the gap. 


We’ve partnered with other successful projects, like Wise Token, to offer immediate liquidity to our users. This means when a user makes a transaction with Praise, they know they can cash out or hold their currency in a stablecoin account to reduce volatility.


For total newbies, we also have Praise Credits, which can be converted into crypto currency whenever you want. 


Outside of the base token, we create limited-edition 3-D rendered tokens with top brands, which are available for trading within our app. This helps consumers develop loyalty and trust with the brands they love, while simultaneously maintaining privacy, security, and ownership of their data. 


Praise earns a small amount of our own token whenever a transaction occurs, as well as a commission on partner deals for Limited Edition NFT campaigns. We also plan to work business-to-business, providing sellers with a white-label, customizable version of our app. This will allow companies to market themselves, use Praise as an incentive program for employees, and track and reward customers.

 


The Praise platform tracks spending and balances, but all personal or private data is owned by the consumer and not trackable by Praise or third-party sellers. Most blockchain technology will be invisible to the end user, and currency balances are listed in the user’s local currency for simplicity and ease of use.



THE MARKET


We’re approaching a multi-trillion dollar industry with an app as user-friendly as it is revolutionary

Digital commerce is expected to become a $11.5+ trillion dollar market over the next few years (Source). The Gig Economy is estimated to be a $4 trillion dollar market (Source), while Remittances is projected to hit 1T by 2026 (Source).





Praise is expected to have peer-to-peer capabilities, zero or nominal transaction fees, and built-in incentives and rewards. 


But most importantly, our NFT partnerships and branded collectible coins give the app a game-like feel. And along with every collectible, we plan to spin-off some of the proceeds to fund social acts of kindness. This could include donations to causes, support of a local charity or project, profits back to our own community, and more. With our gaming and consumer product backgrounds, we’re focused on UI/UX first. The result is a relational experience, which creates loyalty and trust—not only with Praise itself, but with the businesses and brands that partner with us.


*Images are computer generated demo versions. Product is still currently under development.



OUR TRACTION


Partnerships with top brands, plus new features and plug-ins in the works! 

Praise is pre-revenue, but to-date, we’ve designed early mockups of the product, created multiple partnership opportunities, and assembled a stellar team. Our first pilot partner is Rock Mafia, the music producer that has collaborated with countless household names, including Eminem, Britney Spears, Wyclef Jean, Selena Gomez, John Legend, Zedd, Miley Cyrus, Kelly Clarkson, Mariah Carey, and Ariana Grande. 



We will partner with top brands to release limited edition Praise tokens, which can be traded within our platform. These tokens unlock unique experiences, access to limited-quantity merchandise, discounts, and more. 


Our coins will also be visible in augmented reality through our partnership with Verses Technologies.

 


  

Eventually, we’ll include options to convert Praise into gift cards, automatic donations to causes our users care about, and more. We will also be building browser plug-ins, an API, and an SDK to offer easy access to the technology. 




WHY INVEST


The staying power of Praise is reflected in the data, the innovation of the app, and the success of its team

We want Praise to be around for our children, and our children’s children. In the next five years, we expect Praise to be a household name, with “Pay with Praise” buttons all over the internet, and “Raise with Praise” funding campaigns widely used.

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Studies have shown that millennials are ready for a global currency that allows them to build relationships with the brands they love, and Praise is ready to deliver. Collectively, our team and advisors have multiple successful companies and exits (over $100M+ in combined value). As blockchain technology is experiencing a watershed moment in mainstream consumer adoption, we believe Praise is positioned to ride the wave. We hope you’ll join us!







ABOUT

HEADQUARTERS
1128 OCEAN PARK BLVD, APT 314
Santa Monica, CA 90405
WEBSITE
View Site
Praise is a gamified digital currency and NFT platform. We partner with top brands and artists to design 3D-rendered collectible tokens that unlock custom experiences for superfans. We also disburse new tokens to our community on a daily basis as automatic rewards.

TERMS

Praise
Overview
INTEREST RATE
5.0%
MATURITY DATE
Jul 31, 2023
VALUATION CAP
$15M
FUNDING GOAL
$10K - $5M
Breakdown
MIN INVESTMENT
$100
DISCOUNT RATE
20.0%
CONVERSION TRIGGER
$1,000,000
OFFERING TYPE
Convertible Notes
TYPE OF EQUITY
Class B Common Stock

A convertible note offers you the right to receive Class B Common Stock in Praise. The amount of Class B Common Stock you will receive in the future will be determined at the next equity round in which the Company raises at least $1,000,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $15,000,000.00 Valuation Cap or if less, then you will receive a 20.00% discount on the price the new investors are paying. You also receive 5.00% interest per year added to your investment. When the maturity date is reached, if the note has not converted then you are entitled to receive Class B Common Stock equal to your investment and interest back at a price per security determined by dividing the Valuation Cap by the aggregate number of outstanding equity securities of the Company as of immediately prior (on a fully diluted basis).

*Annual Interest Rate subject to adjustment of 10% bonus for StartEngine shareholders. See 10% Bonus below.

***Investors that qualify for the bonus interest rate will receive an increase in the annual interest rate on Convertible Promissory Notes in this Offering of 5%, 10%, 15% or 20% based on the bonus they qualify for. This means at that if qualified for a 10% bonus, the annual interest rate will be 5.5% instead of 5%.

Time-Based Perks

Friends and Family Early Bird Bonus

Invest within the first 48 hours and receive additional 15% bonus interest rate

Super Early Bird Bonus

Invest within the first week and receive additional 10% bonus interest rate

Early Bird Bonus

Invest within the first two weeks and receive an additional 5% bonus interest rate

Amount-Based Perks

$500+ | Bronze Tier Bonus

Early access to new features on the Praise platform and $50 in Praise Credits to use in the app. 

$1,000+ | Silver Tier Bonus

Early access to new features on the Praise platform and $100 in Praise Credits to use in the app.

$2,500+ | Gold Tier Bonus

Early access to new features on the Praise platform and $250 in Praise Credits to use in the app.

$5,000+ | Platinum Tier Bonus

5% bonus interest rate, early access to new features on the Praise platform, early adopter profile badge, and $500 in Praise Credits to use in the app. (Early Adopter Badge Subject to Change).

$10,000 | Diamond Tier Bonus

10% bonus interest rate, early access to new features on the Praise platform, early adopter profile badge, $1,000 in Praise Credits to use in the app, and access to a private dinner with the Founder and Executive Team. (Transportation and lodging not included. Early Adopter Badge Subject to Change).

$25,000 | Super Angels Bonus

15% bonus interest rate, early access to new features on the Praise platform, early adopter profile badge, $2,500 in Praise Credits to use in the app, and access to a private dinner with the Founder and Executive Team. (Transportation and lodging not included. Early Adopter Badge Subject to Change).

$100,000+ | Funds and HNWIs Bonus

20% bonus interest rate, early access to new features on the Praise platform, early adopter profile badge, $10,000 in Praise Credits to use in the app, access to a private dinner with the Founder and Executive Team (transportation and lodging not included; date tbd), and 1 of 100 Praise Stakeholder NFTs. These tokens will come with voting rights and mint new Praise for the owner on a regular basis, constantly advancing your position. (Early Adopter Badge Subject to Change).

*All perks occur after the offering is completed.

The 10% Bonus for StartEngine Shareholders

Praise Token, Inc. will offer 10% additional bonus interest for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

Eligible StartEngine shareholders will receive a 10% increase in the annual interest rate on Convertible Promissory Notes in this Offering. This means your annual interest rate will be 5.5% instead of 5%.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative. Any expense labeled “Administrative Expenses” not strictly for administrative purposes. Any expense labeled “Travel and Entertainment”. Inter company debt or back payments.

PRESS

Article Image
DeFi Meets Gaming with Praise, the Token of Appreciation

Cryptocurrency has been gaining traction with mainstream audiences, but price volatility continues to be an issue, as evidenced by the recent dip in the market. Jesse Tevelow, Founder and CEO of Praise, believes consumer-focused apps will bring more stability to the industry.

Article Image
Techstars Alum and Gaming Veteran, Jesse Tevelow, to Launch NFT Platform for Millennials

Cryptocurrency is growing in popularity, but enthusiasts still ponder why there are so many skeptics. A newcomer to the space, Praise, believes the solution lies in custom experiences rooted in human connection.

Article Image
Digital Currency and NFT Platform Praise Makes Money Feel More Human

Bitcoin maximalists say cryptocurrency is the future—a claim bolstered by the proliferation of Defi (Decentralized Finance), NFTs (non-fungible tokens), and the surging price of Bitcoin over the past year—despite the recent dip.

Article Image
Gamified NFT Platform for Millennials, Praise, Connects Brands and Artists with Their Superfans

The world is experiencing a shift in how it approaches currency. Millennials are the powerhouse for consumer spending in the United States, on track to carry the most wealth of any generation in history within the next few years.

Article Image
Praise Onboards Millennials and Big Brands into Crypto with Experiential NFT

Blockchain enthusiasts tout that crypto is the currency of the future. Millennials, who number over 75 million in the US, are rapidly entering the space—and new startups are emerging to serve them. Praise is one such platform gearing up for its debut into the cryptocurrency and NFT market.

ALL UPDATES

02.28.22

Sneak Peek of the Praise Pals™ Universe [Last Chance to Invest]

Thanks again for your support. In case you're curious if we're making any progress...



The Praise Pals™ are coming! Will you party with us?

Invest before the pre-seed round closes tonight...

https://www.startengine.com/praise

With Praise 🙏🏻

J

--

Jesse Tevelow

Founder and Creator of Praise

02.28.22

[Ends Today] Final Hours to Invest in the Pre-Seed Round of Praise Token, Inc. 🔥

Hi, all! This is the final day to invest in the pre-seed round of Praise. With more contributions rolling in as we approach the finish line, we're up to $239K+ in total funding. 


If you're an investor, please share our social posts (below) to help our cause.


LinkedIn:

https://www.linkedin.com/posts/jtevelow_nft-praisefam-activity-6904135710429839360-BFK_

Twitter:

https://twitter.com/praisetoken/status/1498372230773805057?s=21


Facebook:

https://www.facebook.com/219833060050756/posts/335212125179515/

To make an investment directly, go here:

https://www.startengine.com/praise

With Praise,

J

02.27.22

Our StartEngine Round Ends Tomorrow. Invest Now! 🚀

Hi, Praise fam! 

I’ve spent the past 5 years living and breathing crypto.

I was investing in Bitcoin when it was $3,000, and Ethereum when it was $200.

I was speaking on stages across the globe about crypto in 2019.

Before all of this, I co-founded a game studio that has done over $100M in digital currency sales.

Now, in 2022, I’m launching the most ambitious project of my life.

Praise is a social digital currency that will change the way we think about money.

Our unique token emissions model will send more $PRAISE to active token holders on a daily basis.

This means Praise will create value for its users automatically, without releasing any products beyond the token itself.

I recently published a new Technical Litepaper that explains the dynamics of our token in greater detail. Please check it out if you want to better understand the inner workings of the system


-->Read the Technical Litepaper


The PRAISE token is self-propelling, but Praise is also a platform upon which other products can be built. Our first use case is our core community, called the Praise Pals™.


The Praise Pals™ Collection

The Praise Pals™ are a collection of 8,000 unique, programmatically generated NFT characters that represent ownership in the Praise Universe. Just like the token, if you simply buy a Praise Pal, you will begin earning benefits, including:

  • A bump in daily PRAISE reward tokens for each Pal you hold
  • Access to our special events IRL
  • Access to future releases within the Praise Universe
  • Access to partner drops and events

Did I mention the Praise Pals™ are super fun, expressive, and colorful? Here are just a few of the characters we've been designing.



Praise has partnered with nearly 100 thought-leaders, NFT artists, and evangelists prior to our launch to curate the kernel of the community. This alone will set the project apart from others in the space.

The purpose of Praise is to make humanity feel more relational and less transactional. That's why we're baking Social Good into our product drops. A portion of sales will go to charities chosen by the 100 Pals.

You can learn more about the Praise Pals and the 100 founding Pals from our website.


-->View Website


The Launch



Next month, the Praise Pals™ will launch in Los Angeles at the inaugural NFTLA conference, produced by our friends at Edge of NFT. We are an official sponsor and want to send you some love. Grab a discount with the following Praise codes:

For 10% off GA tickets:
Praise10LA

For $100 off VIP tickets:
VIPPraise100LA

-->Grab Tickets

Invest Today

We've raised $225K from nearly 300 investors and small funds. This was deliberate, to show our true belief in what we are doing. We didn't want to go to the big funds first. We'd rather have our community and future customers participating in the pre-seed round so you have the most upside.


We're already in deep discussions with numerous funds for our seed round, but this is your last chance to get in on the ground floor. Future rounds will be institutional. Get your piece of the pie today, and let's rise together.


-->Invest in the Pre-Seed Round


Have fun. Earn $PRAISE. Save the world.


With Praise 🙏🏻

J

Jesse Tevelow

Founder and Creator of Praise

02.24.22

Don't get FOMO: The Pre-Seed Round of Praise Token Closes in 5 Days 👀

 ICYMI, we published an article yesterday that will help you invest with confidence. Here's the link:

https://praisetoken.medium.com/invest-in-the-pre-seed-round-of-praise-token-closing-this-week-f6de7e5beb8f

I hope to see you inside the early adopter community as a pre-seed investor. Just for fun, here's a sneak peek of a mural we're designing for the Praise Pals™ NFTLA exhibit and launch event.


Don't miss out! Join the campaign today. Only 5 days left!

With Praise,

J

--

Jesse Tevelow

Founder and CEO

02.22.22

Only 6 Days Left! Invest in the Pre-Seed Round of Praise Token, Inc., Closing on Sunday

Dear Investors, Partners, and Frens,

Our pre-seed round closes this Sunday (2.28.22). We just published an article on our blog that will help you invest with confidence. Buckle up! We've got a bunch of updates for you ;)

https://praisetoken.medium.com/invest-in-the-pre-seed-round-of-praise-token-closing-this-week-f6de7e5beb8f

I hope to see you inside the early adopter community as a pre-seed investor.

With Praise,

J

02.16.22

Praise Pals™ Sneak Peek, StartEngine (Ending Soon!), & NFTLA Updates 🎉

Hi, Pals! 

Our StartEngine campaign ends in less than 2 weeks! If you want equity in Praise, invest now! We're also gearing up to release our first contest to win a FREE Praise Pal™!  As NFTLA approaches, we'll be offering discounted tickets and other perks. Watch the video for all of these deets, and more! 🎉🚀🙏🏻


Cheers,

J

--

Jesse Tevelow

Founder and Creator of Praise

02.01.22

New team members, new funding milestones, new artwork, new events! 🚀

Hi, Investors! We just published our January 2022 Recap on the blog. January was extremely eventful for Praise, but most of it happened behind the scenes.

We've brought on new team members, modified our roadmap, added more stellar partners, and more. We also have some new artwork sneak peeks for you...


We're sponsoring NFTLA in March, and we're planning to drop our Praise Pals™ collection in the Hills after the conference. Did we mention our campaign hit $200K? With less than 30 days to go, now is the time to jump in 🎉🔥🙏🏻

Read the Full Update Here

01.27.22

Notice of Funds Disbursement

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Praise has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Praise be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

01.21.22

Praise Pals™ Dropping at NFTLA

Hi, Investors! Happy Friday. We have some incredible updates for you!


Praise Sponsors NFTLA

We're pumped to announce that we are sponsoring NFTLA, the first major NFT conference in Los Angeles.


Get your tickets now at https://www.nftla.live/


The Praise Member Experience Card

We will be offering our Praise Member Experience NFTs throughout the conference from our booth. 

The card includes the following benefits:

  • Earn $PRAISE automatically on a daily schedule (once the token emissions engine starts)
  • Get whitelisted for Praise Pals™
  • First-in-line preference to participate in our global token auction (Q1, 2022) 
  • Get whitelisted for the beta release of the Praise mobile app (Q2, 2022)
  • Free + VIP Access to all Praise parties/events and partner events 
  • Qualifies for one vote in our governance system to help decide on future events and product features.
  • Automatically reserve a hardcopy version of the membership card for use IRL, with additional features like scannable entry, one-tap contact sharing, and more


The Pals are Dropping at NFTLA!

Minting a Praise Member Experience card will provide access to our 2nd Praise Mansion party in the Hills, scheduled for 3/28. The first set of Praise Pals will be announced and revealed at the party.

Our StartEngine will be closing next month. This is the time to get in!

If you've already made an investment, consider dropping more in. Things are getting exciting 🎉

With Praise, J

P.S. Invest $10K or more and we will fly you out to the event. Join us!

01.13.22

Praise Pals, Token Auctions, Site Refresh 🚀

Hi, Praise Investors!

As I'm sure you know, the NFT market is blazing hot, and we couldn't be more excited to release our own set of wacky avatar characters to the Praise community.

We also recently announced that we're taking pre-commitments for the upcoming launch of our native cryptocurrency, $PRAISE.

Quick Links:

Reserve a Praise Pal:

https://praisetoken.io/pals/

Invest on StartEngine:

https://www.startengine.com/praise

Join the token auction presale:

https://praisetoken.io/token/

View our full website:

http://praisetoken.io/

That's it for now. Feel free to reach out and say hi. I'd love to hear from you!

With Praise 🙏🏻

J

--

Jesse Tevelow

Founder and Creator of Praise

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign reward.
Venture Club

Venture Club

Venture Club Members earn 10% bonus interest rate on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).

$500

$500+ | Bronze Tier Bonus

Early access to new features on the Praise platform and $50 in Praise Credits to use in the app.

$1,000

$1,000+ | Silver Tier Bonus

Early access to new features on the Praise platform and $100 in Praise Credits to use in the app.

$2,500

$2,500+ | Gold Tier Bonus

Early access to new features on the Praise platform and $250 in Praise Credits to use in the app.

$5,000

$5,000+ | Platinum Tier Bonus

5% bonus interest rate, early access to new features on the Praise platform, early adopter profile badge, and $500 in Praise Credits to use in the app. (Early Adopter Badge Subject to Change).

$10,000

$10,000 | Diamond Tier Bonus

10% bonus interest rate, early access to new features on the Praise platform, early adopter profile badge, $1,000 in Praise Credits to use in the app, and a private dinner with the Founder and Executive Team. (Transportation and lodging not included)

$25,000

$25,000 | Super Angels Bonus

15% bonus interest rate, early access to new features on the Praise platform, early adopter profile badge, $2,500 in Praise Credits to use in the app, and a private dinner with the Founder and Executive Team. (Transportation and lodging not included)

$100,000

$100,000+ | Funds and HNWIs Bonus

20% bonus interest rate, early access to new features on the Praise platform, early adopter profile badge, $10,000 in Praise Credits to use in the app, private dinner with the Founder and Executive Team, & 1 of 100 Praise Stakeholder NFTs.

JOIN THE DISCUSSION

0/2500

DT
Diana Tan

a year ago

Why didn't I see Praise in my portfolio anymore?

0

0

JK
Jesse Krieger

3 years ago

Why is everyone who invested in your StartEngine campaign excluded from how you took the company in a new direction AFTER raising funds from us? We were promises Praise Tokens and other value that never arrived and now you pivoted to a whole different direction and we haven't had any updates or communication in months. What gives?

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1

0

JT
Jesse Tevelow

Praise

3 years ago

Hi, Jesse. We are pushing along and continuing to update our community through our main website and our community channels on Discord and Twitter. Feel free to follow along there! (https://praisetoken.io/) Since the StartEngine campaign ended, we've added 4 people to the team, built our Twitter to 20K, our Discord to 6K, and launched the Praise Pals NFT collection, which sold out, generating another $250,000K+ in revenue. Now, we are releasing marketing campaigns to pump up growth before releasing our Praise Membership Experience Cards. The roadmap continues to evolve and we love where things are headed. The $PRAISE token is still planned to launch later this year, and it will integrate with everything we're currently building. We hope investors feel excited by the continued progress even from a small and scrappy team. Remember, investments can take time to come to fruition, and it comes down to the team executing each day to build value, wherever that takes us. I hope this helps!

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0

BH
BIJAYA HUMAGAIN

3 years ago

Hello, I m a investor of of Praise and love what you have been doing. Can investors get some praisePal whitelist spots?

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3

0

JT
Jesse Tevelow

Praise

3 years ago

That's a great idea! Please screenshot this and open a support ticket in our discord. https://dsc.gg/praise-pals

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0

BH
BIJAYA HUMAGAIN

3 years ago

Hello, I m a investor of of Praise and love what you have been doing. Can investors get some praisePal whitelist spots?

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0

0

KF
Kevin Fulmer

3 years ago

Can you share how you arrived at a $15M valuation? Most pre revenue (let alone pre-product) are valued at $10M or less

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4

0

KF
Kevin Fulmer

3 years ago

Also, I know this isn’t the intention - but what can you say to skeptics who think this project and funding round is really just a way to generate revenue for the marketing agency you own? Are the terms structured so that LaunchTeam (think that’s the name) only benefits when Praise sees success?

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0

jm
john mensah

3 years ago

Curious how much time is left to invest i briefly looked but now have dug a little deeper and an intrigued and thinking of investing.

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3

0

JT
Jesse Tevelow

Praise

3 years ago

There is still time. It will run through most of February


0

sk
scott koonce

3 years ago

I have just invested and am excited about this project! Keep up the good work and I look forward to a ROI on my investment in you and the positive vibes you generate with this!

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1

0

JT
Jesse Tevelow

Praise

3 years ago

Glad to hear it, Scott! Thank you for your contribution to the project!


0

rB
ratsamy Bounking

3 years ago

will be putting in more money in this awesome project!

3

0

JT
Jesse Tevelow

Praise

3 years ago

That is great news!


1

JT
Jason Tuma

3 years ago

So the money we invest gets turned into the Paise Token? If that the case then we get in at the bottom before it ever gets on uniswap.

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1

0

JT
Jesse Tevelow

Praise

3 years ago

The money you invest into this StartEngine campaign gets turned into equity. Above the $500 level, we then also reserve an additional 10% on top of your investment in the form of tokens. We will give those tokens to you for free. The token isn’t launched yet, so you will get the entry price when the token launches. This is currently the only way to reserve tokens at opening price. When we launch the token, you’ll also be able to invest in the token directly. That won’t happen until Q1 next year. Investing in the StartEngine is a good way to get in early, hold traditional equity in the company, and reserve some free tokens before we release.

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1

JT
Jason Tuma

3 years ago

When will you launch you Coin?

1

0

JT
Jesse Tevelow

Praise

3 years ago

Q1 2022


0

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

FAQ Timeline

WHY STARTENGINE?

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REWARDS

We want you to succeed and get the most out of your money by offering rewards and memberships!

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SECURE

Your info is your info. We take pride in keeping it that way!

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DIVERSE INVESTMENTS

Invest in over 200 start-ups and collectibles!

FAQS

With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.

With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000 are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, they are limited to investing 10% of the greater of the two amounts.

At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.

Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.

StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.

For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.

For Regulation A+, StartEngine allows for a four-hour cancellation period. Once the four-hour window has passed, it is up to each company to set their own cancellation policy. You may find the company’s cancellation policy in the company’s offering circular.

Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.

Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to be sent back to the account associated with the investment.

Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.

RAISED
$249,903.60
INVESTORS
297
MIN INVEST
$100
VALUATION CAP
$15M

What does this badge mean? See here

Important Message

IN MAKING AN INVESTMENT DECISION, INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE ISSUER AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. INVESTMENTS ON STARTENGINE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.

www.StartEngine.com is a website owned and operated by StartEngine Crowdfunding, Inc. (“StartEngine”), which is neither a registered broker-dealer, investment advisor nor funding portal.

Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary LLC (“SE Primary”), a broker-dealer registered with the SEC and FINRA / SIPC. You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system (ATS) regulated by the SEC and operated by SE Primary. SE Primary is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.

StartEngine facilitates three types of primary offerings:

1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.

Any securities offered on this website have not been recommended or approved by any federal or state securities commission or regulatory authority. StartEngine and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice concerning any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. StartEngine does not verify the adequacy, accuracy, or completeness of any information. Neither StartEngine nor any of its officers, directors, agents, and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site.

Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. Each investment also carries its own specific risks, and you should complete your own independent due diligence regarding the investment. This includes obtaining additional information about the company, opinions, financial projections, and legal or other investment advice. Accordingly, investing in private company securities is appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment. See additional general disclosures here.

By accessing this site and any pages on this site, you agree to be bound by our Terms of use and Privacy Policy, as may be amended from time to time without notice or liability.

Canadian Investors

Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.

California Investors Only – Do Not Sell My Personal Information (800-317-2200). StartEngine does not sell personal information. For all customer inquiries, please write to contact@startengine.com.

StartEngine Marketplace (“SE Marketplace”) is a website operated by StartEngine Primary, LLC (“SE Primary”), a broker-dealer that is registered with the SEC and a member of FINRA and the SIPC.

StartEngine Secondary (“SE Secondary”) is our investor trading platform. SE Secondary is an SEC-registered Alternative Trading System (“ATS”) operated by SE Primary that matches orders for buyers and sellers of securities. It allows investors to trade shares purchased through Regulation A+, Regulation Crowdfunding, or Regulation D for companies who have engaged StartEngine Secure LLC as their transfer agent. The term “Rapid,” when used in relation to transactions on SE Marketplace, specifically refers to transactions that are facilitated on SE Secondary, This is because, unlike with trades on the StartEngine Bulletin Board (“SE BB”), trades on SE Secondary are executed the moment that they are matched.

StartEngine Bulletin Board (“SE BB”) is a bulletin board platform on which users can indicate to each other their interest to buy or sell shares of private companies that previously executed Reg CF or Reg A offerings not necessarily through SE Primary. As a bulletin board platform, SE BB provides a venue for investors to access information about such private company offerings and connect with potential sellers. All investment opportunities on SE BB are based on indicated interest from sellers and will need to be confirmed. Even if parties express mutual interest to enter into a trade on SE BB, a trade will not immediately result because execution is subject to additional contingencies, including among others, effecting of the transfer of the shares from the potential seller to the potential buyer by the issuer and/or transfer agent. SE BB is distinct and separate from SE Secondary. SE Secondary facilitates the trading of securities by matching orders between buyers and sellers and facilitating executions of trades on the platform. By contrast, under SE BB, SE Primary assists with the facilitation of a potential resulting trade off platform including, by among other things, approaching the issuer and other necessary parties in relation to the potential transaction. The term “Extended”, when used in relation to transactions on SE Marketplace denotes that these transactions are conducted via SE BB, and that these transactions may involve longer processing times compared to SE Secondary for the above-stated reasons.

Even if a security is qualified to be displayed on SE Marketplace, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.

The availability of company information does not indicate that the company has endorsed, supports, or otherwise participates with StartEngine. It also does not constitute an endorsement, solicitation or recommendation by StartEngine. StartEngine does not (1) make any recommendations or otherwise advise on the merits or advisability of a particular investment or transaction, (2) assist in the determination of the fair value of any security or investment, or (3) provide legal, tax, or transactional advisory services.