Decentralized short drama platform DeTV secures investment from Ember Labs, APEX VENTURE, Zenith Capital, and others

Odaily Planet Daily reports that the decentralized short drama platform DeTV has completed a round of financing, led by institutions including Ember Labs, APEX VENTURE, and Zenith Capital, with a current valuation of 20 million USD.
This financing will provide strong financial support for DeTV's further development, promoting decentralized content and community-driven experiences to the forefront.
DeTV is a decentralized short drama platform based on Web3 and blockchain technology, dedicated to addressing issues such as unfair revenue distribution, creator rights, and data privacy on traditional short drama platforms. Through tokenization, NFTs empowerment, and reward mechanisms, DeTV enables creators, viewers, and miners to participate fairly and obtain revenue. Its core mechanisms include watching short dramas for mining, token economics, NFT creation, and DAO governance.