Decentralized short drama platform DeTV receives investment from Ember Labs, APEX VENTURE, Zenith Capital, etc.

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ODAILY
04-27
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News: The decentralized short-form drama platform DeTV has completed a round of financing, with institutions such as Ember Labs, APEX VENTURE, and Zenith Capital leading the investment, with a current valuation of $20 million. This financing will provide strong financial support for DeTV's further development and drive decentralized content and community-driven experiences to the forefront. DeTV is a decentralized short-form drama platform based on Web3 and blockchain technology, dedicated to solving issues of unfair revenue, creator rights, and data privacy on traditional short-form drama platforms. Through token, Non-Fungible Token empowerment and reward mechanisms, DeTV enables creators, audiences, and miners to participate fairly and earn income. Core mechanisms include watching short dramas for mining, token economics, Non-Fungible Token creation, and DAO governance.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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