On November 28th, Web3 video streaming platform Rad completed a new round of financing led by Ayre Ventures, and the specific financing amount has not been disclosed. Rad also announced that it has incorporated the use of the BSV blockchain into its transactional video on demand (TVOD) and the release and purchase process of open or limited edition NFT videos.
In addition, Rad has integrated with mobile and web wallet HandCash, allowing users to connect to applications, games, and websites to directly stream funds to help facilitate payments. Users can create and purchase content on Rad without the need for a browser plugin, and the company can also expand to other forms of payment. Currently, Rad supports a variety of devices such as PlayStation 5, PSVR, Oculus Quest, iOS, and Google TV.
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Web3 video streaming platform Rad completes new round of financing, led by Ayre Ventures
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