Web3 video streaming platform Rad completes a new round of financing, led by Ayre Ventures

ChainCatcher news, Web3 video streaming platform Rad has completed a new round of financing, led by Ayre Ventures, with the specific amount of financing not yet disclosed. Rad also announced that it has incorporated the use of the BSV blockchain into its transactional video on demand (TVOD) and the publishing and purchasing process of open or limited edition NFT videos.

In addition, Rad has integrated with the mobile and web wallet HandCash, allowing users to connect to applications, games, and websites to stream funds directly, helping to facilitate payments. Users can create and purchase content on Rad without the need for a browser plugin, and the company is scalable to other forms of payment.

Currently, Rad supports a variety of devices including PlayStation 5, PSVR, Oculus Quest, iOS, and Google TV.