Cityverse

Name

Cityverse

Legal name

Cityverse

Website

https://cityverse.life

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Civic Media Platform

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Local & Neighborhood Communities (BPAMABAG)

akta.pro secondary industries

Metaverse & Social Virtual Worlds (BPAMAKAF), In-Game Asset Standards & Infrastructure (NFT items, marketplaces, royalties, asset registries) (FSAPAGAE), GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control) (FSAPAGAG), Smart Cities & Urban Innovation Programs (Digital Planning, Civic Tech for Cities) (BPAIANAJ)

Keywords

• Civic media platform
• Local news platform
• Community engagement software
• Web3 social platform
• NFT marketplace

Headquarters

HQ city

St. Petersburg

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. SaaS Products for Local News: Cityverse makes local journalism financially sustainable without relying on advertising or subscriptions by leveraging SaaS products. The platform generates revenue through tools and services provided to local news operations and communities.
2. Token-Based Transactions (Fluents & Metatokens): On-platform stable coin (Fluents) for transactions and a stakeholder participation token (Metatokens) create in-platform economic activity and potential revenue streams.
3. NFT Marketplace Activity: Cityzens can collect, display, and trade NFTs. Artists issue NFTs and receive automatic royalty payments on resales, creating a marketplace commission ecosystem around local digital art.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

Cityverse is a Web3-powered civic media platform that serves as a virtual overlay for physical cities, connecting communities through local news, content creation, and shared experiences. The platform provides verified residents (Cityzens) with personalized Homespace profiles, NFT galleries, and a curated content feed (Cityverse Flow), supported by a dual-token system (Fluents and Metatokens). A separate CityVerse AI product offers AI-powered maintenance tracking for local government municipalities.

Product overview

Cityverse is a civic media platform that serves as a virtual overlay for physical cities. The platform is powered by Catalyst local news and consists of multiple integrated components: Homespace (personal profiles with NFT galleries), Cityverse Flow (personalized content feeds with customizable slide decks), Createspace (artist galleries), and a dual-token system comprising Fluents (stable currency) and Metatokens (participation tokens). The platform also includes Avatar Customization and Fanbar features developed in partnership with the Tampa Bay Rays. Cityverse aims to bind communities together through local news, information, ideas and experiences, offering web3 concepts including NFTs and blockchain-based tokens to the masses.

Differentiator

Problem solved

Functional benefit

Products and services

• Cityverse Civic Media Platform A Web3-powered civic media platform serving as a virtual overlay for physical cities, connecting communities through local news, content creation, NFT galleries, and a dual-token economy. Free Homespace subscriptions are offered to verified city residents.
• CityVerse AI (GovTech) An AI-powered platform that helps local governments track and report maintenance work. Developed for Nebraska cities and sold through multi-year contracts to municipal governments.

Named customers6 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Six partnerships are on record, tiered notable and minor.

• Robert Blackmon (Blackmon Properties)notableOthers · 26 July 2024Former St. Petersburg City Councilmember Robert Blackmon, founder of Blackmon Properties, joined the Cityverse Board of Advisors. He brings encyclopedic knowledge of Tampa Bay real estate and wide business and political connections. He will help build capacity in the real estate space and facilitate bringing news and content from the community.
• Conan Gallaty (Times Publishing Company)notableOthers · 18 July 2024Conan Gallaty, Chairman and CEO of Times Publishing Company (parent of the Tampa Bay Times, reaching 1 million+ people weekly), joined the Cityverse Board of Advisors. Gallaty adds journalism and technology experience to help expand the local news business model through Cityverse.
• Warehouse Arts District Association (WADA)notableStrategic or Co-development Partner · 20 December 2022WADA partnered with Cityverse for NFT education and community engagement. WADA hosted a Cityverse town hall event featuring approximately 80 local artists and patrons. WADA members who joined the Cityverse wait list received NFT artwork upon launch. Local artist Carrie Jadus created artwork specifically for the joint initiative.
• Synapse (Florida Innovation Community)minorGTM or Marketing Partner · 17 November 2022Synapse, described as the statewide connector of Florida's innovation community, featured Cityverse founder Joe Hamilton in a fireside chat with Cathie Wood at Synapse Summit 2023. The event at Amalie Arena in Tampa provided a major platform for Cityverse to reach Tampa Bay's innovation community.
• RunFest St. PeteminorStrategic or Co-development Partner · 1 November 2022Cityverse partnered with RunFest (St. Petersburg's most prestigious race, including 5K, 10K, and half-marathon) to issue limited-edition RunFest NFTs to participants. RunFest attendees who signed up for the Cityverse wait list received commemorative NFTs populated to their Homespace upon launch.
• Tampa Bay TechnotableStrategic or Co-development Partner · 12 May 2022Tampa Bay Tech partnered with Cityverse to issue a limited-edition NFT at the 5th annual PoweredUP Tech Festival. The NFT commemorated festival attendance and was auto-populated to attendees' Homespaces upon Cityverse launch. The partnership showcased both organizations' commitment to innovation and community engagement in Tampa Bay.

Scale indicators3 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Nextdoor: Nextdoor is the dominant hyperlocal social network organized around verified neighborhoods within cities. Cityverse targets the same city-as-community unit but anchors identity on citywide residency rather than micro-neighborhoods and layers Web3 incentives (tokens, NFTs) on top, making it the most direct comparable.
• Citizen: Citizen is a real-time local safety and community alerting app focused on citywide hyperlocal awareness. Like Cityverse, it organizes the experience around a single physical city and aggregates local information, though Citizen focuses on safety incidents rather than civic news + Web3 social.
• Patch: Patch operates a network of hyperlocal news sites covering thousands of US towns and cities. It competes with Cityverse's Catalyst Local News Engine for the same audience of city residents seeking local information, and similarly attempts to monetize community news.
• Meetup: Meetup is a community platform that organizes in-person and online local groups, often city- or neighborhood-scoped. It overlaps with Cityverse's goal of binding communities together through shared local activity, though Cityverse adds Web3 identity and local news as binding forces.
• Rally.io: Rally.io is a Web3 creator economy platform that issues social tokens and NFTs to communities and creators. It is comparable to Cityverse on the token and NFT economy side, though Rally focuses on individual creators rather than citywide civic communities.

Emerging players

• Farcaster: Farcaster is a decentralized social protocol with on-chain identity and frames-based mini-apps. It is comparable to Cityverse as a Web3-native social platform, but operates at a global user scale rather than city-by-city.
• Mirror.xyz: Mirror is a Web3 publishing platform where writers mint posts as NFTs and build tokenized communities. It overlaps with Cityverse on the NFT publishing and creator monetization axes, but Mirror is global and writer-focused.
• Galxe: Galxe is a Web3 identity and community platform issuing credentials and on-chain rewards to community members. It overlaps with Cityverse on token-based community participation mechanics and on-platform identity, but is a global platform rather than city-scoped.

Broad incumbents

• Discord: Discord is a large-scale community chat platform widely used for local and topical communities, including city-specific servers. It competes with Cityverse for community organizer mindshare, though it lacks residency verification, local news, and Web3 primitives.
• Facebook Groups / Facebook Local: Facebook hosts tens of thousands of city- and neighborhood-scoped groups and the Facebook Local feature for events. It is the default incumbent Cityverse is positioning against on hyperlocal community and information aggregation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/cityverselife
• Facebookfacebook.com/cityverse.life
• LinkedInlinkedin.com/company/cityverselife
• Instagraminstagram.com/cityverselife

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cityverse