Congratulations to Everlyn for completing a $15 million funding round with a valuation of $250 million. The on-chain video platform #Everlyn announced the completion of a $15 million funding round, reaching a valuation of $250 million. This round was led by the Sui development team, Mysten Labs, and attracted participation from several well-known investment institutions, including Baseline and Selini Capital. #Everlyn is dedicated to creating a blockchain video platform with movie-level quality, with the vision of making "the dream machine belong to everyone." The platform will leverage blockchain technology to provide video creators with new content distribution and monetization methods. With the growing demand for #Web3 video content, following this funding round, Everlyn is expected to accelerate product development and become a benchmark project in the on-chain video space. In addition to financial support, the involvement of executives from tech companies like Google and Meta...
We’ve raised $15M to date to build the future of cinematic, on-chain video. 🌀
Today, we’re thrilled to welcome @Mysten_Labs, creators of Sui, as investors in Everlyn joining its $250M valuation round.
They join a strong lineup: powerhouse investors like Baseline (Emirates), @SeliniCapital, @NesaOrg, @AethirCloud, @ionet, @MH_Ventures, with leadership from Kling AI, Google, Amazon, Meta, TencentGlobal.
This is more than funding.
It’s long-term conviction in our vision: the dream machine belongs to everyone.
14.1K
37
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.