tPERPLEXITY
Tokenised Economic Right (not equity) to potential future liquidity from WLTH’s (Metamasters DAO Corp) allocation in Perplexity AI. Slices are not securities of, nor endorsed by, the underlying company. They are unsecured contractual rights against WLTH (Metamasters DAO Corp). Residents of the U.S., UK, EU, and other restricted jurisdictions are ineligible. Review the full Terms & Conditions before purchasing.
Category: Artificial Intelligence
Stage: Pre-IPO
Opportunity Type: Tokenised Economic Right
Company Overview
Founded in 2022, headquartered in San Francisco, Perplexity has grown into a leading AI-native answer engine focused on long-form queries. Its CEO is Aravind Srinivas. The platform synthesizes information from live search data to deliver cited, conversational answers.
The Problem
Traditional search engines optimize for short, high-volume keyword queries, leaving a gap for complex research-oriented queries. Legacy models like Google are constrained by link-based output and advertiser-driven incentives, while ChatGPT’s outdated training data limits real-time accuracy.
The Solution
Perplexity aggregates real-time search data and uses AI models to produce concise, cited answers to multi-sentence queries. The product initially used GPT-3.5 with Bing results and is transitioning to fine-tuned open-source models. Continuous user feedback fuels a data flywheel improving accuracy and personalization.
Founding Team
Led by CEO Aravind Srinivas. Investor materials do not list full founding team details beyond executive leadership and investor network.
Business Model
Freemium model: limited free access funnels users into Perplexity Pro at $20–$200 per month. Revenue comes primarily from subscriptions, supplemented by contextual ads, in-line commerce, enterprise seats, and a growing API business. Margins depend on compute, search index infrastructure, and engineering costs.
Traction and Validation
Revenue growth of 800 percent year-over-year in 2024.
30M monthly users, 780M queries in May 2025.
Integrated as a default search option in Mozilla Firefox.
Partnerships including a multi-year licensing agreement with Getty Images.
New product launches including Comet browser, Email Assistant, enterprise APIs, and Samsung TV app.
Intellectual Property and Strategic Assets Perplexity is building proprietary fine-tuned models on top of open-source foundations, constructing its own search index, and accumulating a large corpus of real-time query and engagement data. The company’s proprietary data flywheel and model tuning roadmap form key defensible assets.
Disclaimer
No affiliation — nominative reference only.
The underlying company is entirely unaffiliated with this offering, with Metamasters DAO Corp, and with the associated Slices. Specifically:
No endorsement or authorisation. The underlying company has not reviewed, approved, authorised, endorsed, sponsored, or consented to any aspect of this token, marketing material, or structure.
No participation or cooperation. The underlying company and its officers, directors, shareholders, and employees are not involved—directly or indirectly—in structuring, issuing, marketing, managing, servicing, or redeeming the Slices.
No contractual or economic relationship. Purchasing a Slice does not give you any equity, debt, contractual claim, option, warrant, or other right against the underlying company. Your sole counter-party is WLTH.
No obligations on the underlying company. It owes you no fiduciary duty, payment, or disclosure and will have no liability to you in connection with your purchase.
No effect on the underlying company’s securities. Issuing Slices does not affect its capitalisation, shareholder base, voting power, or governance.
Trademark usage. Any mention of the underlying company’s name is strictly nominative. WLTH claims no ownership and implies no sponsorship.
Information limitations. All company-related data herein are drawn from public sources WLTH believes to be reliable.
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