Press Release

MetaBeat is off to a powerful start as it completes its strategic investment round funding goal

Published

2 years ago

August 17, 2022

MetaBeat has reached its target goal in its strategic investment round led by Neo Global Capital Ventures, AC Capital, KuCoin Labs, BCI, Finngram, NexusOne, Alchemic Investments, Alphanonce and DigiFinex.
MetaBeat is a global K-Pop music content IP platform with a focus on a fan-to-earn (F2E) ecosystem.
With its strategic investors, MetaBeat is expanding to gain global fans and global music IP and broaden its global network.

The fan-powered music NFT platform MetaBeat announced on Aug. 15, 2022 that it had reached the target goal in its strategic investment round fundraising. This round was led by top global crypto investors Neo Global Capital Ventures, AC Capital and KuCoin Labs, among other global investors.

The strategic investments allow MetaBeat to receive global exposure and extend its already existing global partnerships and network. The strategic investment capital gives MetaBeat benefits in furthering its technological development in the Web3 space, as well as supporting its marketing efforts in achieving its global goals.

With the assistance of its investors, MetaBeat will be tackling three key points in its industry on a global level: demolishing the high entry barrier of the music IP industry, overturning the unrecognized value of increasing fan contributions in the success of artists and bringing music fan communities and artists closer under decentralized autonomous organization governance.

MetaBeat plans to list on a global exchange and launch its Polygon and Solana multi-chain platform in the third quarter of this year. MetaBeat’s community ownership nonfungible tokens, backed by music IP, can be purchased with its native Polygon-based BEAT token. Through community ownership, fans will receive rewards in addition to participatory rewards in supporting artists. With BEAT tokens, fans can also purchase goods and various event tickets, stake BEAT and vote on community governance. Through this, MetaBeat will be achieving its goal of bringing together fans and artists under one platform.