App.net Reaches $500,000 Funding Goal, Keeps On Going
By on August 12th, 2012

App.net Reaches $500,000 Funding Goal, Keeps On Going

App.net, a new and upcoming social network, recently reached their $500,000 funding goal with over a day left. As I’m writing this article, App.net has received $576,000 worth of funding, $76,000 over their original goal. And while it wasn’t expected that they would reach their funding goal, they started to receive more media attention during their last few days of funding, which ended up launching them over their goal earlier today.

If you’re unaware, App.net is a new social network with an optimistic new business model. Instead of using ads to fund their service they will charge users to join. As of now, they are charging $50 per year for member status or $100 per year for developer status. A $1,000 payment will give users access to all of the developer tools as well as a phone support and a meeting with Dalton Caldwell, the creator of App.net. App.net claims to be the only social network to not offer their users as products, but to be the product themselves.

If you would like to back App.net yourself and gain access to the beta, feel free to back their project within the next 31 hours. You can back App.net by heading over to their website and pledging the amount of your choice. And if you’re wondering, yesI backed it!

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Author: Andrew Kunesh Google Profile for Andrew Kunesh
Andrew is a geek, Apple enthusiast, blogger and coffee lover from Chicago. Follow Andrew on Twitter for constant updates: @andrewkunesh

Andrew Kunesh has written and can be contacted at andrew@techie-buzz.com.

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