In a groundbreaking move, 1SEC Inc., a Tokyo-headquartered company with a base in Los Angeles, has recently secured a significant third-party allocation of new shares, raising a total of 500 million yen in funding from notable investors such as Decima Fund, Kulture Fund operated by Amuse, Ceres, and CIPS Fund.
This strategic move includes a debt investment from Mizuho Bank, marking a pivotal moment for the company led by its Founder, Hirokuni Miyaji.
Empowering a Global Community with Technology
1SEC Inc. has been at the forefront of AI, 3D, and blockchain technologies with a mission to empower individuals and businesses globally. Since 2019, the company has been channeling its efforts into the “PEEEPS” fan platform, which allows the creation of subscription sites.
The recent funding, totaling 500 million yen, is aimed at propelling the company into a new era by building an ecosystem that fairly rewards each participant based on their contributions.
The Success of PEEPS Platform
The “PEEEPS” platform has achieved remarkable success, boasting over 25,000 paid members and an Average Revenue Per User (ARPU) of 2,256 yen. The platform’s Annual Recurring Revenue (ARR) from subscription revenue has reached an impressive 300 million yen.
These accomplishments demonstrate the effectiveness of 1SEC’s initiatives in the realms of AI-driven virtual human technology (“ONEAI”) and the web3 project “1BLOCK,” initiated in 2021.
Key Features of PEEPS Platform
Effortless Subscription Site Launch: The platform offers a high return rate of over 80% on monthly revenue and comprehensive support for handling tasks like events and merchandise production.
- No-Code Implementation
Users can implement their preferred design and features with dedicated customization, launching distinctive communities, fan clubs, or streaming sites.
- Unique Economic Ecosystem
By establishing a Fandom Economy, 1SEC enables the granting of incentives based on fan contributions, fostering a mutually beneficial relationship.
- AI-Powered Sponsor Matching
The platform uses AI technology to match companies and PEEEPers based on products or services, streamlining the influencer selection process.
Insights from Investors
- Decima Fund: Recognizing 1SEC’s potential and vibrant user base, Decima Fund expresses support for 1SEC’s vision of creating a new era in the web3 landscape.
- Ceres: Ceres sees 1SEC as a promising player in the web3 market and has invested in their community platform and web3 project “1BLOCK.”
- Amuse: Amuse, having collaborated with 1SEC on projects like BABYMETAL’s NFT virtual sneakers, acknowledges the immense potential of integrating AI, web3, and XR with entertainment.
Explore the 1SEC Ecosystem
1SEC’s ecosystem includes various projects like “1BLOCK,” a digital fashion label; “ONEDRIP,” a seamless issuance of wallets and community building tool; “METADRIP,” an AR app for virtually wearing digital assets, and “AI Human LAB;” conducting research in cutting-edge virtual human technology.
In conclusion, 1SEC Inc. stands as a pioneer, not just in the AI and technology space but also in creating a new era of community platforms through its innovative projects and strategic partnerships. As the company continues to evolve, it promises exciting developments at the intersection of technology, entertainment, and community building.
