ChainCatcher news, The Sandbox has hired industry veteran Nicola Sebastiani as its Chief Content Officer to help develop the creator economy for this crypto company.Sebastiani has worked in the gaming industry for many years, having been part of Ubisoft's mobile team, co-founding the Apple Arcade subscription service for the App Store, and ultimately leading PlayStation's mobile strategy over the past two years.

According to ChainCatcher, as reported by NFTgators, the Web3 content copyright company Story Protocol has announced the completion of a $29.3 million seed round financing. This round was led by a16z Crypto, with participation from Hashed, Samsung Next Fund, Two Small Ventures, DAO5, Berggruen Holdings, Mirana Corp, Foresight Ventures, and SLVC.It is reported that Story Protocol provides a way to create, manage, and license intellectual property on-chain, forming a remixable and combinable story Lego ecosystem that enables creators to craft stories with ownership and incentives. (Source link)

ChainCatcher news, creator economy company GigaStar announced the completion of a $4.8 million seed round financing, with participation from DV Crypto VC, Tomsic Holdings, Nameless Ventures, and Belvedere Strategic Capital.It is reported that GigaStar utilizes blockchain technology to provide creators with more innovative ways to interact, including fan incentives and potential long-term royalties. Currently, it mainly supports YouTube creators and helps channels generate revenue by launching channel revenue Tokens. (source link)

ChainCatcher news, Meta's Head of Business and Financial Technology, Stephane Kasriel, tweeted that Meta is now gradually reducing its investment in the NFT business to focus on supporting creators, individuals, and businesses in other ways. Additionally, he stated that Meta will continue to support NFT creators who use Instagram and Facebook to work better, simplifying payments through Meta Pay to make checkout and withdrawals easier, and investing in Meta's messaging payment and monetization services.Stephane Kasriel specifically emphasized that "creating opportunities for creators and businesses to connect with fans and profit from it remains a top priority."It is reported that Meta had previously stated that NFTs could help expand the creator economy, and Instagram announced a Polygon-based NFT marketplace plan last November. (source link)