NFT video platform Shibuya, co-founded by NFT artist Emily Yang, known as Pplpleasr, raised an investment of $ 6.9 million in the seed round.
About Funding
The seed round was held under the leadership of Andreessen Horowitz(a16z) and Variant Fund. We can say that there are many famous people who participated in the tour. NBA star Kevin Durant, Paris Hilton, Alibaba co-founder Joe Tsai, and Aave founder and CEO Stani Kulechov, as well as many angel investors participated in the tour. The platform will use the collected investment to develop the platform by bringing the engineering team and new content creators to the platform.
About Shibuya
Shibuya is a Web3 content studio and creator platform. Shibuya is built according to the decentralized management system, which allows filmmakers to be financed by fans. For Shibuya creators to break free from traditional Hollywood studios, it provides services that support its creators to create high-quality content and communicate directly with their target audience. On the platform, users can interact with the published series. Imagine a platform where you can determine the story of the upcoming episode of the series you are watching! Watching the content available on the platform is completely free.
White Rabbit
However, the contents of the Shibuya platform and the continuing story of the content are determined by the votes of the users. The platform currently has an anime series called White Rabbit. To direct the future of a movie like White Rabbit, users first need to mint the NFT called Producer Pass. Users who have a Producer Pass have the right to vote to manage the next part of the story.
NFTs
In addition, users with NFT can also determine which character will be a guest actor. This platform, where the story of the films is determined by the users, has made over 1.5 million dollars in sales from the first NFT sale.
2 episodes of White Rabbit, Shibuya’s first content, have been released and episode 3 will be released in January 2023. The platform plans to add other film-makers and artists to the platform in the coming periods.
About Emily Yang
Emily Yang, also known as Pplpleasr, is a digital artist. Emily Yang has previously designed visual graphics for motion pictures such as Batman, Wonder Woman and Star Trek Beyond. Pplpleasr has achieved many successes by working in large organized jobs such as designing an animated advertisement for the DeFi platform Uniswap and designing the cover photo of Fortune magazine. Emily Yang is the co-founder of PleasrDAO and Shibuya platforms.
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