MetaBeat raises $3M in funding from FZF Ventures, Layer OTC, and Dubai Labs
Following
the
announcement
regarding
strategic
partnership
with
FZF
Ventures
on
July
19,
2024,
MetaBeat
announced
investment
commitments
from
Layer
OTC
and
Dubai
Labs.
In
this
funding
round,
MetaBeat,
a
Fan-to-Earn
Kpop
Music
NFT
platform,
raised
$3M
in
total
from
FZF
Ventures,
Layer
OTC,
and
Dubain
Labs.
MetaBeat
stated
that
the
investment
funds
will
be
used
to
expedite
additional
listings
of
BEAT
tokens
on
centralized
exchanges
to
improve
accessibility
and
liquidity
of
the
BEAT
tokens.
Furthermore,
the
funds
will
assist
in
adding
more
dimensions
to
the
MetaBeat
platform
in
terms
of
technical
developments
and
content
diversification
to
enhance
the
user
experience.
Additional
statements
from
MetaBeat
focused
on
the
new
strategic
partnerships
to
fuel
the
development
of
innovative
music
technology
solutions
with
a
wider
spectrum
of
contents
and
artists
as
it
continues
to
persist
as
the
one
and
only
top
Fan-to-Earn
Kpop
Music
NFT
platform
in
the
web
3
scene.
Website: https://metabeat.io/
Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.
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