Freechat
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Freechat is a blockchain-based social platform founded in 2022 by Jack Long. It builds a decentralized social network with online chat, community operations, creator plans, short videos and a community square, powered by Freechain, an application-layer public chain with message relays, decentralized storage and AI computing. The company raised a $2 million seed round in August 2022 and an $80 million round in January 2024 at an $800 million post-money valuation.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Company founded
Jack Long founds Freechat; the company raises a $2 million seed round in August 2022.
- Funding round
In January 2024 Freechat closes an $80 million financing round at an $800 million post-money valuation to expand its Web3 features.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.