Content Platform 'FanTV' bags $3 million Fund from Strategic Investors
Mysten Labs, Cypher Capital, CoinSwitch Ventures, and Illuminati Capital have all made substantial investments totaling $3 million in FanTV, a multimedia platform on the Sui blockchain.
Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures, and Tykhe Block Ventures had previously contributed $5.5 million to the company's fundraising efforts.
FanTV, which was founded in 2023 by Prashan Agarwal, empowers content creation by combining blockchain technology and artificial intelligence. With over 8 million users—including 80,000 creators—and over 30 million transactions and 1.2 million hours of AI-generated content handled monthly, it runs on the Sui blockchain.
FanTV claims that producers use state-of-the-art AI techniques to create music, videos, podcasts, web series, and vlogs. With creators like TrevinVSNFT, Sui's leading content creator, Bitcoin instructor Kashif Raza, CryptoIndia, BlockFuel, and up-and-coming digital voices like MrBreadSmith, the site caters to both established influencers and up-and-coming talent.
FanTV is revolutionizing the way content creators make money in addition to making the process of creating video simple. It gives creators direct control over their work while enabling customers to support their preferred artists with AI-powered tools, digital tipping, and customized Creator Coins.
Through the combination of engagement awards and paid AI-powered content creation tools, FanTV's economic model enables users to tip and gift producers, buy credits for premium AI tools, and even introduce their own digital tokens to provide unique content and encourage more community involvement.
Prashan Agarwal, Founder & CEO says, “We firmly believe that creativity lives within everyone, but traditional content creation barriers have kept too many voices silent. The next evolution of social media won’t be defined by passive consumption—it will be driven by millions of creators expressing their unique voices through AI-powered tools. This is where FanTV is leading the revolution”.
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Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures, and Tykhe Block Ventures had previously contributed $5.5 million to the company's fundraising efforts.
FanTV, which was founded in 2023 by Prashan Agarwal, empowers content creation by combining blockchain technology and artificial intelligence. With over 8 million users—including 80,000 creators—and over 30 million transactions and 1.2 million hours of AI-generated content handled monthly, it runs on the Sui blockchain.
FanTV claims that producers use state-of-the-art AI techniques to create music, videos, podcasts, web series, and vlogs. With creators like TrevinVSNFT, Sui's leading content creator, Bitcoin instructor Kashif Raza, CryptoIndia, BlockFuel, and up-and-coming digital voices like MrBreadSmith, the site caters to both established influencers and up-and-coming talent.
FanTV is revolutionizing the way content creators make money in addition to making the process of creating video simple. It gives creators direct control over their work while enabling customers to support their preferred artists with AI-powered tools, digital tipping, and customized Creator Coins.
Through the combination of engagement awards and paid AI-powered content creation tools, FanTV's economic model enables users to tip and gift producers, buy credits for premium AI tools, and even introduce their own digital tokens to provide unique content and encourage more community involvement.
Prashan Agarwal, Founder & CEO says, “We firmly believe that creativity lives within everyone, but traditional content creation barriers have kept too many voices silent. The next evolution of social media won’t be defined by passive consumption—it will be driven by millions of creators expressing their unique voices through AI-powered tools. This is where FanTV is leading the revolution”.
