Web3 Streaming Platform Myco Completes $10 Million Series A Funding to Accelerate Global Market Expansion
Publication Time:2024-08-28 14:52:09
Web3 streaming platform Myco recently announced the completion of a $10 million Series A funding round, attracting participation from investment institutions and angel investors including Daman Investments, Aptos Labs, B Digital, Mocha Ventures, Art3 Foundation, Ghaf Capital Partners, Mix Media Network, Factor6 Capital Partners, and Enjinstarter. The latest valuation of Myco is $80 million. The funds raised will be primarily used to further expand into the Middle East and North American markets. Additionally, Myco announced a partnership with the Aptos Foundation to decentralize streaming content on the Aptos blockchain. As a content traffic dApp, Myco aims to seamlessly integrate AVOD and SVOD functionalities in a decentralized environment, empowering both viewers and content owners through the use of the Web3 economic layer. Currently, the content provided by Myco includes live sports broadcasts, movies, documentaries, user-generated content, and more.
Series A funding
Middle East Market
North American Market
Web3 streaming
Myco platform