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Calaxy Announces $1 Million Fund at SXSW, Empowering Creators to Build Their Social Empires

March 12, 2025 By Crypto Reporter PR

Calaxy, the social commerce platform empowering creators to own their communities and content, plans to deploy $1 million through its inaugural “It’s Your World” fund. The fund, announced at SXSW Austin, is an initiative designed to propel 50 creators into the forefront of the web3 social revolution. The recipients, known as the Calaxy Class of 2025, will each receive $20,000, along with milestone-based incentives and sustainable monetization opportunities within the Calaxy ecosystem.

The “It’s Your World” Fund transcends traditional grant programs, establishing a robust creator pipeline that fosters long-term growth and success. By providing financial support, strategic guidance, and access to cutting-edge technology, Calaxy empowers creators to build thriving businesses and forge deeper connections with their audiences.

Calaxy co-founder and CEO Solo Ceesay shared his vision for the future of the creator economy on stage at SXSW. “We believe creators should own their destinies,” said Ceesay. “The ‘It’s Your World’ fund reflects our commitment to empowering creators and fostering a more equitable digital landscape. We’re excited to see the innovative worlds they build using Calaxy.”

Calaxy Worlds are completely customizable down to who’s granted access and leverages Calaxy’s robust monetization toolkit. A podcaster might go direct-to-consumer via the Worlds platform while an up-and-coming musician might skirt a nefarious record deal after being given the space to mobilize their biggest supporters. With Worlds, Calaxy’s goal is to make all creative dreams reality.

Starting today, creators can apply for grants through the ‘It’s Your World’ fund page. Funds are disbursed over six months, rewarding creators for achieving key milestones in audience growth, engagement, and monetization. Fans will also play a crucial role in selecting the Calaxy Class of 2025 through a public voting phase, ensuring community engagement from the outset.

Eligibility requirements include having a Calaxy account and meeting specific follower and brand recognition benchmarks. Funds will be disbursed in two installments: an initial payment to kickstart the initiative and a final payment upon completion of mutually agreed-upon goals, such as user growth or revenue generation.

The program was officially unveiled at SXSW 2025 and the winners will be announced at SXSW London in June. The fund focuses on empowering creators to build sustainable businesses within the Calaxy platform, driving long-term growth and revenue. For more information, visit www.calaxy.com

About Calaxy

Calaxy is a decentralized social platform that empowers individuals and communities to create their own personalized online spaces, known as “Worlds.” As an operating system of Web3, Calaxy offers unparalleled control, privacy, and ownership over digital experiences. Founded by NBA player Spencer Dinwiddie (Dallas Mavericks, LA Lakers, Brooklyn Nets) and tech entrepreneur Solo Ceesay, Calaxy has quickly grown into a leading social platform in the Web3 ecosystem.

Calaxy’s Worlds tool allows users to build and customize no-code apps, fostering deeper connections and engagement. Beyond social networking, the platform offers tools including a social wallet for interacting with digital assets, such as cryptocurrencies and NFTs. Calaxy’s commitment to decentralization ensures that users have complete ownership and control over their data, unlike traditional centralized social media platforms. As the Web3 ecosystem evolves, Calaxy remains at the forefront of innovation, driving towards a more equitable and inclusive digital world. For more information please visit, www.calaxy.com

Filed Under: Press Releases

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