AXF (www.adultxfunding.com), the world’s only adult crowdfunding platform, has announced new investment into the platform. Juicy Jay, founder and CEO of adult advertising company Juicy Ads has invested in AXF’s second phase of funding.
“With the growth in the crowdfunding sector and the variety of international adult campaigns emerging on a regular basis, it is obvious the industry needs a specific crowdfunding platform and I wanted to be part it as it grows from strength to strength,” said Jay.
AXF founder Jason Maskell said: “We are delighted to welcome Jay as an investor. It’s great to have Jay understand our vision for AXF and how we want to open up funding for new and existing companies in the adult sector.”
Launched in January 2017, AXF now features an array of adult campaigns from all across the world. Projects online include the female contraception product from Luwi; Little Bird, the first smart vibrator that connects to erotic books via an app; and Adult Industry Talk, an online platform created to promote adult companies. AXF said it plans to add equity crowdfunding options to its crowdfunding platform in early 2018 and it is currently inviting investment from interested parties. The firm says that funding from this will be allocated to adding the equity function on the site, in addition to increasing marketing and advertising activities. Jason Maskell can be contacted via firstname.lastname@example.org