Web3 content distribution platform Metale Protocol completes $4 million seed round of financing, led by Aipollo Capital

2024-05-02 20:09:44BlockBeatsShare to:

According to BlockBeats, on May 2, according to official news, the Web3 content distribution platform Metale Protocol recently announced the completion of a $2 million seed round of extended financing. As of now, its total seed round financing amount has reached $4 million. This financing was completed in the first quarter of this year, led by Aipollo Capital, Waterdrip Capital, and Ultiverse Dao, and participated by many senior entrepreneurs. Metale Protocol is building a decentralized content distribution platform. It aims to build a decentralized content storage and rights confirmation protocol through blockchain, and build an application ecosystem on the network to provide decentralized paid playback, crowdfunding governance, traffic purchase, data analysis, AI creation tools and other services for the content industry. It can also provide highly customized smart contracts for single content. Creators in the content industry are no longer restricted by the content review and high fees of centralized distribution platforms, and have complete autonomy and the greatest benefits. At present, Metale Protocol has 80,000 daily active users and 500,000 registered users. It is reported that Read2N, an application under Metale Protocol, completed a $2 million seed round of financing in March last year.

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