November 1, 2024
AmplifyWorld has secured $1.2 million in SAFT funding from Chapel Ventures to support the upcoming launch of its $AMPS token, designed to redefine fan engagement in the music industry through blockchain technology. This investment brings AmplifyWorld closer to establishing a decentralized platform aimed at bridging the gap between artists and fans by offering an environment where both parties have more autonomy and control over their interactions. With Chapel Ventures’ support, AmplifyWorld is set to provide tools for artists to enhance visibility and financial independence within a Web3 framework.
The AmplifyWorld platform aims to transform the music economy by facilitating direct artist-fan engagement, removing traditional intermediaries that restrict artists' creative and financial freedom. The $AMPS token will drive the platform, offering features like staking, exclusive content access, and community governance. Leveraging blockchain, AmplifyWorld enables artists to monetize independently, creating a shared-value ecosystem where fans play an active role. The $AMPS token launch later this year will introduce a transparent, sustainable revenue model in music.
Chapel Ventures’ partnership with AmplifyWorld accelerates the $AMPS token launch, providing strategic support to redefine digital fan engagement. This SAFT investment marks a key step in AmplifyWorld’s mission to empower artists and fans within a decentralized, community-driven music ecosystem.
About AmplifyWorld
AmplifyWorld is a decentralized platform that connects artists and fans, offering innovative ways to monetize and engage through blockchain technology. The $AMPS token supports a community-focused ecosystem that enhances transparency and fan-artist interaction. For more information, visit AmplifyWorld’s website.
Website: https://amplify.link/
X: @AmplifyWorld
About Investor
Chapel Ventures
Chapel Ventures is an early-stage venture capital firm focused on blockchain, DeFi, and Web3 projects. The firm invests in transformative teams dedicated to building sustainable value in the digital economy.
Location: United Kingdom
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