July 22, 2024
MetaBeat, a company based in Seoul, South Korea that offers a Kpop Music NFT platform with a Fan-to-Earn model, has successfully secured $3M in investment. The funding round saw contributions from FZF Ventures, Layer OTC, and Dubain Labs.
Project | Latest Raise | Latest Raise Date | Stage | Category |
|---|---|---|---|---|
Metabeat | $3M | July 22, 2024 | Strategic Investment | X-to-earn |
The company plans to utilize the funds to hasten the additional listings of BEAT tokens on centralized exchanges, aiming to enhance the accessibility and liquidity of the BEAT tokens. Moreover, the investment will aid in expanding the platform's capabilities in terms of technical advancements and content variety, thereby improving the user experience.
MetaBeat operates an incentivization community platform that is driven by fan activities, which are rewarded based on a specific criteria known as the FANomance Index. This platform allows fans to support and evolve alongside their favorite artists and music while earning rewards. MetaBeat enables fans to establish and fortify partnerships with creators or artists through engaging and rewarding experiences powered by the platform's ecosystem.
About MetaBeat
MetaBeat is an innovative platform that aims to revolutionize the way fans interact with their favorite artists and music. It is an incentivization community platform powered by fan activities, which are rewarded by a set criteria known as the FANomance Index.
On MetaBeat, fans can support and grow with their favorite artists and music, while earning rewards. The platform has created a unique social economy where fan activities can be converted into something bigger than a hobby. This is achieved through the creation of a Non-Fungible Token (NFT) platform, backed by real assets and music Intellectual Property (IP), that empowers the relationship between creators/artists and fans.
Website: https://metabeat.io/
About Investor
The funding round saw contributions from FZF Ventures, Layer OTC, and Dubain Labs.
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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