THELOGICALINDIAN - PRESS RELEASE 12th April 2022 Oslo Norway Joystream is captivated to advertise that it has aloft 585 actor This brings the absolute fundraise to almost 13m at a 60m appraisal from over 30 investors amid them Digital Currency Group Hypersphere DefiAlliance and D1 Ventures
Joystream aims to accord video creators another means to monetize their videos, and not alone await on advertising, with the adeptness to advertise their agreeable as NFTs and to about-face their approach into a token, so that anyone can advance in the creator, and acquire a allotment of their revenue. Furthermore, Joystream is a blockchain that allows developers to body added applications on, aperture up opportunities to actualize decentralized versions of video applications we are already acclimated to, as able-bodied as absolutely new video applications.
Joystream is currently on its 12th testnet chain. In adjustment to allure aerial affection participants, testnet contributors are attractive to get at atomic 25% of the alpha badge accumulation ($15m worth). Because Joystream will be decentralized, absolute absolutely by badge holders, it’s important to allure abiding high-value contributors for the activity to abide to grow.
This is the final amplitude to a mainnet barrage and the built-in $JOY badge launch. Once the capital arrangement has launched Joystream will attending to attempt for a Polkadot parachain slot.
“This new allotment will acquiesce us to aggrandize the aggregation in key areas analytical to a acknowledged mainnet barrage in Q2, such as blame off our YouTube architect affiliation affairs to allure creators to the platform, ramping up our DAO association advance initiatives and carrying key artefact features.”
says Bedeho Mender, architect of Joystream.
Joystream links
Video platform https://play.joystream.org/
Website https://www.joystream.org/
Joystream socials
Follow Joystream on Twitter for updates: https://twitter.com/JoystreamDAO
Join the Discord community: https://discord.com/invite/DE9UN3YpRP
Media acquaintance details
Full account of investors
DCG (seed round)
Hypersphere
DefiAlliiance
D1 Ventures
Signum Capital
LD Capital
Genblock Ventures
BITMAIN (seed round)
OKX Blockdream Ventures
MEXC Pioneer
SkyVision Capital
BoostVC (seed round)
Waterdrip Capital
PNYX Ventures
GateIO Labs
GSR
M6
Vestigium Capital
Master Ventures
Kernel Ventures
Illusionist Group
Lotus Capital
Lancer Capital
Panda Capital
Sunbar Capital
SneakyVC
New Tribe Capital
Phoenix VC
8186
LVT Capital
Lionline Capital
Basics Capital
ZB Capital
CabinVC
StartupLab (seed round)
Polkadotters
FMFW.io
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