Key notes: Development of social media applications in niche markets
Office address: Temple Lane Studios, Cecilia Street, Dublin, Dublin, Ireland
Description: Fantom is an on-line trading cards game aimed at tweens, teens and young adults, merging social media with the traditional schoolyard game and then adding a twist in terms of a virtual and actual rewards system. At one level this is a game, but it is also a marketing vehicle, allowing brands to interact and connect with their audience. Fantom’s business model is “freemium”, offering a basic service for free and charging a premium for advanced features. The “card” collected is a virtual card behind which has been stacked the social media and licensed content. Players buy packs of online cards and trade with each other to complete sets and decks. A rewards culture has been built into the game, with virtual and actual rewards for completing sets and decks.
http://www.crunchbase.com/organization/fantom
$ 640,020 over 2 funding rounds.
Date | Name | $ Invested | Crunchbase link |
---|---|---|---|
2011-01-01 | seed | $ 30,000 | Detailed data |
2011-12-23 | seed | $ 600,000 | Detailed data |
Round Date | Round Name | Investor | Crunchbase Link |
---|---|---|---|
2011-12-23 | seed | AIB Seed Capital Fund | Investor Profile |
2011-01-01 | seed | DCU Ryan Academy for Entrepreneurship | Investor Profile |
2011-12-23 | seed | Bloom Equity | Investor Profile |
To update the information on funding or number of employees, please do that directly on Crunchbase.
Created: 15-May-2012, 00:10
Last Crunchbase update: 10-Jan-2021, 05:04
Last modified: 07-Mar-2021, 05:05
Country: IRL