Our Happy Company is a technology company.
Our Happy Company has raised $8.0M across 1 funding round.
Our Happy Company has raised $8.0M in total across 1 funding round.
Our Happy Company is a now-defunct blockchain technology startup focused on the creator economy, co-founded by musician John Legend.[1][2][4] It developed OurSong, a mobile NFT platform aimed at enabling creators to generate and monetize digital creations more equitably through blockchain.[2][4] The company served content creators, particularly in music and digital media, addressing challenges like fair revenue sharing amid the NFT boom, but shut down its flagship product in late 2024 after raising $7.5 million in seed funding in 2022.[2][4] Growth stalled due to external factors like payment processor termination, leading to a pivot or closure, with key executives departing.[2]
Our Happy Company emerged in the peak of the 2022 NFT hype, raising a $7.5 million seed round led by Infinity Ventures Crypto and Animoca Brands.[2][4] Co-founders included John Legend (serving as chief impact officer), Kyle Wang (chief product officer), Terence Leong, and reportedly Twitch co-founder Kevin Lin.[2] The idea crystallized around empowering creators with blockchain tools, launching OurSong as its core offering—a platform for equitable digital creation and NFT trading.[2][4] Early traction came from the funding and Legend's celebrity backing, but by mid-October 2024, OurSong suspended services due to Circle's payment processing termination, with operations ceasing by November 30, 2024; execs like Wang and Leong soon exited to new ventures like Song Protocol.[2]
Our Happy Company rode the 2021-2022 NFT and creator economy wave, capitalizing on blockchain's promise for direct creator-fan monetization amid platforms like OpenSea and NBA Top Shot.[2][4] Timing aligned with crypto enthusiasm, but market forces—NFT market crash post-2022, regulatory scrutiny, and dependency on processors like Circle—worked against it, exposing risks in hype-driven web3 startups.[2] It highlighted ecosystem vulnerabilities: overreliance on fleeting trends and external services, influencing caution in creator blockchain plays; its shutdown underscores a shift toward sustainable models like AI-music integration seen in successors like Song Protocol.[2]
With OurSong shuttered and founders dispersed by late 2024, Our Happy Company appears effectively defunct, its blockchain-NFT bet felled by market downturns and operational hurdles.[2] Looking ahead, remnants may evolve via Song Protocol's AI-musiconomy focus, riding trends like decentralized music rights and L3 chains amid recovering web3 interest.[2] Its legacy warns of timing risks in creator tech, potentially shaping more resilient hybrids of blockchain, AI, and music—echoing how early NFT experiments paved resilient paths despite failures.
Our Happy Company has raised $8.0M in total across 1 funding round.
Our Happy Company's investors include Animoca Brands, Bankless Ventures, Gumi Cryptos Capital, Infinity Ventures Crypto, Khosla Ventures, Mechanism Capital, monashees, Scalar Capital, Sequoia Capital, Sebastien Borget.
Our Happy Company has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Seed in April 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2022 | $8.0M Seed | Animoca Brands, Bankless Ventures, Gumi Cryptos Capital, Infinity Ventures Crypto, Khosla Ventures, Mechanism Capital, monashees, Scalar Capital, Sequoia Capital, Sebastien Borget |