what's UpsideFun?
UpsideFun is a crypto application aimed at scaling to 1 million users, developed by a team that recently raised $1M in funding. It focuses on building accessible tools or experiences within the cryptocurrency space, as evidenced by its launchlist signup at launch.upside.fun, targeting early adopters in the crypto community. The project emphasizes rapid development and community engagement, sharing behind-the-scenes updates on social platforms like X (Twitter). As a new entrant, it leverages crypto Twitter for promotion and growth, positioning itself amid the ongoing innovation in consumer-facing crypto apps.
upsidefun raised $1M funding to build its app for 1M users.
Links
x.com/upsidefunRaised $1 million in funding to build the app toward 1 million users.
Initial launch generates $800k volume and 10X oversubscription, but faces 90-95% user churn within days of onboarding.
Platform launches with backing from Jason Choi, Arthur Hayes, and 25+ angel investors.
Competitive security audit program running until May 26th offers $13,000 prize pool for findings.