Altcoinist, led by Bitcoin.com co-founder Mate Tokay and Ethereum (CRYPTO:ETH) core developer Silur, has secured over $1.5 million in pre-seed and seed funding to launch an innovative on-chain platform.

This platform aims to empower creators by enabling them to monetise private communities using blockchain technology.

Backed by EnigmaFund and other prominent investors, Altcoinist introduces on-chain subscriptions and automated revenue sharing to ensure stable income streams for creators while fostering community engagement.

The platform's ease of use and robust smart contract infrastructure position it as a leader in transforming the creator economy, with plans for further growth through a Seed B round.