Odaily News The decentralized short drama platform DeTV has completed a round of financing, with Ember Labs, APEX VENTURE, Zenith Capital and other institutions participating in the lead investment. The current valuation is 20 million US dollars.
This round of financing will provide strong financial support for the further development of DeTV and push decentralized content and community-driven experiences to the forefront.
DeTV is a decentralized short drama platform based on Web3 and blockchain technology, dedicated to solving the problems of unfair revenue, creator rights and data privacy of traditional short drama platforms. Through tokens, NFT empowerment and reward mechanisms, DeTV allows creators, viewers and miners to participate fairly and gain benefits. The core mechanisms include mining for watching short dramas, token economics, NFT creation and DAO governance.