I’m Alex Hochberger, founder and CEO of Web3 Enabler, and I’m thrilled to share an exciting update on our progress as we continue to build in public. We’ve surpassed the $75,000 milestone in our fundraising campaign, marking it as officially successful. This achievement allows us to forge ahead with our ambitious goals, targeting an unofficial $350,000 and a legal maximum of $1.235 million, as permitted by SEC regulations. With 63 days remaining, we are well-positioned to exceed expectations, and I invite you to join the initiative via Republic.
Engaging with the Blockchain Community
As part of our ongoing efforts to engage with the blockchain community, I’m heading to the Naples Bitcoin and Blockchain Meetup Group. This event attracts both new and seasoned blockchain enthusiasts. I’ll be speaking alongside my wife, Bette Hochberger, CPA, CGMA, who will address tax considerations related to cryptocurrency, a topic that always garners significant interest. Together, we aim to provide valuable insights to attendees ranging from blockchain basics to investment opportunities.
Advancing Programmable Wallets
We’ve achieved a significant technical milestone with the submission of milestone one for our Salesforce programmable wallets. This foundational step establishes the setup application for our innovative solution. The development process includes setting up API keys, generating and encrypting entity secrets, and registering configurations within the Circle web console. These advancements pave the way for integrating programmable wallets into our broader Web3 Wallet product. We have been exploring Circle programmable wallets on our blog as well, including here and here.
Our programmable wallets are designed to simplify blockchain adoption for Salesforce users. By eliminating the need for manual API key creation and other complexities, the final product aims to offer seamless wallet management within the Salesforce ecosystem. This approach underscores our commitment to delivering practical blockchain solutions tailored to enterprise needs.
Leveraging Salesforce’s Market Influence
Salesforce’s dominance in the CRM space—with a market share of 30% and usage by 91% of Fortune 500 companies—presents a significant opportunity for us. As one of the few independent software vendors (ISVs) focused on Web3 and blockchain within Salesforce, we are leading the charge in integrating cutting-edge technology into this powerful platform. The Salesforce AppExchange, a $140 billion annual sales marketplace, offers an ideal channel for distributing our innovative products, including programmable wallets.
Strategic Partnerships Driving Adoption
Our partnerships with industry leaders such as Bridge, Circle, and Ripple enhance our ability to bring crypto payments and wallet management to the mainstream. These collaborations enable smoother on-ramps and off-ramps for blockchain transactions, promoting global commerce within the Salesforce ecosystem. Our focus on creating interoperable solutions further solidifies our position as a pioneer in the blockchain space.
A Compelling Investment Opportunity
Our fundraising campaign offers attractive incentives for early investors. The first $125,000 raised is set at a $6 million valuation cap, compared to $7.5 million for subsequent investments. This structure presents a potential 25% return on investment for those who act quickly. With strong momentum—including nearly $30,000 raised in a single day—we are poised to reach our goals rapidly, making this an opportune moment for investors to get involved.
Conclusion
Our recent achievements in fundraising and product development highlight our strategic positioning within the Salesforce ecosystem and the broader blockchain industry. By advancing programmable wallets, fostering community engagement, and leveraging strong partnerships, we are charting a course toward innovation and growth. For investors and blockchain enthusiasts alike, Web3 Enabler represents an exciting opportunity to be part of the movement bringing crypto payments into mainstream enterprise applications.
