AXF, the world’s only adult crowdfunding platform to announced a new investment into the platform. Juicy Jay, Founder and CEO of Juicy Ads, the award winning adult advertising company has invested in the second phase of funding for AXF.
“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 Juicy Jay, Founder and CEO of Juicy Ads.
Jason Maskell, Founder of AXF stated “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 clever female contraception product from Luwi; The Little Bird which is the first smart vibrator that connects to erotic books via an app; Adult Industry Talk an online platform created to promote adult companies amongst many more.
AXF plan to also add equity crowdfunding options to their crowdfunding platform in early 2018 and are currently inviting investment from interested parties. Funding from this will be allocated to adding the equity function on the site, in addition to increasing marketing and advertising activities.