Cointime

Cointime

Download App
iOS & Android
Home / Financing

Hollywood in Web3: StoryCo Raises $6M to Decentralize Storytelling

Web3 storytelling platform StoryCo has raised $6 million in seed funding, the company said Wednesday in a press release.

The round was led by crypto investment firms Collab + Currency and Patron, with participation from Blockchange Ventures, Flamingo DAO and executives at United Talent Agency and William Morris Endeavor.

StoryCo also revealed its first narrative experience, The Disco Ball, which will be released in 2023. The “immersive and collaborative storytelling experience” will be produced by the Halo television series writer Kyle Killen and artists shelby and sandy, but invites collaboration from the community to finish the main character’s journey. With a StoryPass non-fungible token (NFT), community members can access pre-release content and solve puzzles, find artifacts and collectively build out the narrative experience.

Web3
Comments

All Comments

Recommended for you

  • Stablecoin issuance protocol usdx.money completes $45 million in financing

    On November 29th, stablecoin issuance protocol usdx.money completed a $45 million financing round, bringing the project's valuation to $275 million. NGC, BAI Capital, Generative Ventures, UOB Venture Management, and others participated in the funding, with some investors contributing through warrants. Existing supporters of the project include Dragonfly Capital and Jeneration Capital.

  • Japanese fintech startup Habitto completes $11.7 million Series A funding

    Japanese fintech startup Habitto announced on Wednesday that it raised $11.7 million in Series A funding led by QED Investors and DG Daiwa Ventures, with participation from Anthemis Group and Scrum Ventures. Existing supporters include Saison Capital, GMO VenturePartners, Cherubic Ventures, and Epic Angels. The funds raised are intended to support Habitto's expansion of its digital banking platform.

  • Blockchain payment company Partior completes $80 million Series B financing, with Deutsche Bank participating

    blockchain payment company Partior has completed an $80 million Series B financing round, with Deutsche Bank joining as a new investor. Previously in July 2024, Partior announced it had completed a $60 million financing round with investors including Peak XV Partners, JPMorgan, Jump Trading Group, Standard Chartered Bank, Temasek, and Valor Capital Group.

  • Talus Network Completes $6 Million Strategic Round of Financing with a Valuation of $150 Million

    decentralized AI protocol Talus Network raised $6 million in a strategic financing round led by Polychain Capital, valuing the company at $150 million. This funding will help further develop the Talus ecosystem, including the Protochain, Nexus framework, and "AI dating experience" application.

  • Schuman Financial Completes $7.36 Million Seed Round, Led by RockawayX

    Schuman Financial has completed a $7.36 million seed round of financing, led by RockawayX, with participation from Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund and Bankless Ventures. In addition, Schuman Financial has launched a euro stablecoin, EURØP, which complies with the MiCA standard.

  • OpenTrade announces $4 million seed extension round led by AlbionVC

    OpenTrade has announced the completion of a $4 million seed extension financing round to build RWA-supported loan and stablecoin yield products. This round of financing was led by AlbionVC, with participation from a16z Crypto and CMCC Global. OpenTrade plans to use the funds to expand its operations and enhance its product capabilities.

  • BNB Chain Ecosystem Re-staking Infrastructure Kernel Receives Investment from Binance Labs

    BNB Chain's ecological re-staking infrastructure Kernel has announced that it has received investment from Binance Labs. As of now, its total financing amount has reached 10 million US dollars, with main investors including: SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Draper Dragon, DACM, CYPHER, ArkStream Capital, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA, and DWF Labs. It is reported that Kernel's mainnet is about to be launched. Kelp provides users with support for Ethereum liquidity re-staking services based on rsETH, while Gain provides DeFi, CeDeFi, and RWA income products. KERNEL tokens are designed to unify the governance and incentive mechanisms of Kelp, Kernel, and Gain, while providing rewards for early supporters of ecosystem development.

  • Amazon to invest an additional $4 billion in Anthropic, OpenAI's rival

     Amazon is deepening its cooperation with Anthropic and will add an additional $4 billion investment to the company. In September of this year, Anthropic, an artificial intelligence startup, was seeking a new round of financing with a valuation of up to $40 billion. Anthropic was founded by former OpenAI executives in 2021 and focuses on creating interpretable, secure, and controllable artificial intelligence systems. The company's flagship AI model, Claude, operates based on "Constitutional AI," which uses predefined principles to guide its output, avoiding some erroneous or discriminatory output reactions.

  • Crypto wallet Deblock completes approximately $16.8 million in seed round financing

     Deblock, a cryptocurrency wallet created by former Revolut and Ledger executives, has raised an additional £13.3 million (approximately $16.8 million) in seed funding, as reported in documents submitted to the UK Companies House this month. Primary investors in this round of funding include Headline, Hoxton, 20VC, and Chalfen, according to documents filed in October. Sifted previously reported that the startup had quietly raised €12 million last year. Deblock was founded in August 2022 by former Revolut cryptocurrency chief Jean Meyer, payment chief Aaron Beck, and former Ledger engineering chief Mario Eguiliuz.

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company