Odaily Planet Daily News DeTV, a decentralized short drama platform, has completed a round of financing, with Ember Labs, APEX VENTURE, Zenith Capital and other institutions participating in the lead investment, and is now valued at US$20 million.
This financing will provide strong financial support for the further development of DeTV and promote decentralized content and community-driven experience to the forefront.
DeTV is a decentralized short drama platform based on Web3 and blockchain technology, dedicated to solving problems such as unfair revenue, creator rights and data privacy of traditional short drama platforms. Through tokens, NFT empowerment and reward mechanisms, DeTV allows creators, viewers and miners to participate fairly and gain benefits. The core mechanisms include watching short dramas mining, token economics, NFT creation and DAO governance.