ChainCatcher news, the Web3 AI creator platform Oh has completed a $4.5 million seed round financing, with participation from Tangent, Big Brain Holdings, Kosmos Ventures, Tagus Capital, and Bodhi Ventures. The company plans to use the funds to expand its product range and reshape the digital creator economy.The main product of this creator platform, OhChat, is capable of creating AI-driven "digital twins" for online creators. The platform plans to launch its utility token in the first quarter of 2025, which will be deployed on the Solana blockchain along with all on-chain assets of the protocol.According to RootData, Oh is an AI infrastructure and product aimed at digital creators, supporting ownership of personalized, interoperable AI characters, thereby unlocking significant monetization opportunities both within and outside the ecosystem. Anyone can build and own a supermodel, and creators can have their own digital twin, monetizing through their likeness without the restrictions of other creator platforms (earning 80% of the net revenue from the characters).

ChainCatcher news, according to The Block, the Solana-based creator engagement platform DRiP announced the completion of an $8 million seed round financing, led by NFX, Progression, and Coinbase Ventures. Other participants include previous seed round lead investor Placeholder, 6th Man Ventures, and over 30 angel investors.DRiP stated that the funds will be used to accelerate creator onboarding, launch a consumer-facing mobile application, expand creator tools and platform feature development, and increase marketing efforts to attract new users.

According to ChainCatcher news, the official announcement states that the NFT project Pudgy Penguins' parent company Igloo Inc. has acquired the on-chain creator economy platform Frame. The terms of the deal have not been disclosed, and the Frame team will now join Igloo. The purpose of this acquisition is to develop a Layer 2 network called Abstract Chain, specifically designed for on-chain culture and community. This platform aims to usher in a new era driven by the cultural economy, creating distribution tracks, empowering builders, and introducing innovative economic mechanisms on-chain.

ChainCatcher news, according to TheBlock, the Solana creator platform DRiP Haus plans to launch its Android and iOS mobile applications in July. The app will feature a built-in wallet to facilitate user transactions and is currently undergoing alpha testing.The DRiP Haus platform allows creators to distribute digital works and receive payments and tips. The platform plans to expand the types of content, including news and videos, and will use Solana for payments, with data stored on the decentralized storage protocol Arweave. Unlike other Web2 subscription platforms, users retain ownership of their content on the DRiP platform.

ChainCatcher message, the decentralized creator platform Mora announced the launch of the Mora-20 development plan, which includes establishing indexing standards, defining protocol standards and allowing operations such as transfers, splits, merges, developing user interfaces and corresponding features, developing markets, and open-sourcing all code of its protocol including the indexer.

ChainCatcher news, the Web3 creator platform Async Art will cease operations in the coming months. All Async NFTs will be stored on IPFS, and Async.Market will no longer support purchasing services by the end of 2023. Additionally, the Async.art platform has stopped accepting new NFT digital art submissions from users.According to the crypto data platform RootData, Async Art is a Web3 creation platform aimed at creative artists, musicians, and brands, and it raised $2 million in seed funding in February 2021.

ChainCatcher news, the gaming platform Xterio tweeted that it will launch an NFT professional creator platform in the coming weeks, offering sustainable minting, holding, and trading rewards for the XTER ecosystem, as well as features like NFT management and diversified wallet options. In addition, Xterio revealed plans to readjust the incentive mechanism to meet the needs of all stakeholders as much as possible, aiming to change the landscape of the NFT market.

ChainCatcher news, the Web3 creator platform Nifty announced its closure in a tweet. Nifty wrote in a tweet on August 3 that earlier this year, considering its limited resources in a challenging market, it shifted towards developing a platform for Web3 creators. It has been dedicated to developing new products and seeking funding necessary for continued development. Unfortunately, investment opportunities did not succeed, and we are gradually winding down our operations starting today.Nifty was originally a social platform focused on NFTs and had collaborated with some well-known brands in the entertainment industry to launch NFTs, including a collaboration with Warner Bros. to release NFTs based on "Space Jam," as well as NFTs featuring "The Matrix" and "Game of Thrones." According to the crypto data platform Rootdata, the platform had previously received support from Mark Cuban and Joe Lubin in 2021, raising $10 million, with investors including Coinbase Ventures and Dapper Labs.

ChainCatcher news, Web3 content creator investment tool startup Third Summit has completed a $4.5 million seed round financing, with Florida Innovation Capital (FIC) committing to invest $2.75 million.Third Summit will continue to expand its SaaS platform Alteon. Alteon allows creators to more easily upload, share, review, archive, and collaborate on a universal platform. (Source link)

ChainCatcher news, according to Tech Funding News, the Web3 music creator platform SphereTrax has completed a £250,000 (approximately $306,800) funding round led by Jenson Funding Partners to support its mission of giving creators control over their music. This funding will be used to expand the SphereTrax team.It is reported that SphereTrax, leveraging blockchain technology, allows creators to retain up to 75% of royalties, using Bitcoin SV to support instant payments. SphereTrax is expected to launch on April 1, with over 10,000 tracks available and open for composer applications. (source link)

ChainCatcher news, former Singtel Sports Department head Joyee Biswas joins the Web3 creator platform Virtualness as a founding team member, responsible for leading sports and media partnerships.The crypto data platform Rootdata shows that last November, Virtualness completed an $8 million seed round financing, led by Blockchange Ventures. (Source link)

ChainCatcher news, digital art creator platform Wildxyz has completed a $7 million seed round financing, led by Matrix Partners. Wildxyz aims to create a gathering place for artists and an original digital art platform, as well as establish new ways for fan interaction. (Source link)

ChainCatcher news, according to PR Newswire, Web3 startup Virtualness has completed over $8 million in seed funding, led by Blockchange Ventures, with participation from Polygon Ventures, F7 Ventures, Micron Ventures, Oceans Ventures, Neythri Futures Fund, Carolyn Everson, Randi Zuckerberg, Nusier Yassin (Nas Daily), Nikki Farb, and Tacy Brown-Philpot.It is reported that Virtualness's platform is set to launch in early 2023, where certified creators and brands will use it to design, produce, and showcase brand digital collectibles; easily share through social media channels; interact directly with fans and communities; create unique experiences; and unlock new monetization channels. (PR Newswire)

ChainCatcher news, Web3 strategy game creator platform Theia Studios announced the completion of a new funding round of $2.4 million, with participation from Hashed, Snackclub, IVC, Mint Ventures, Taureon, Arcanum Capital, Big Brain Holdings, Lancer Capital, Ignite Group, Andover Ventures, and Plum Ventures.Theia Studios' Web3 turn-based strategy game creator platform provides developers with a toolkit that includes a map editor, asset pipeline, scripting framework, economic builder, and more, helping game creators build their own strategy games. Its first game, "Icons of Theis," is expected to launch closed beta testing on November 10. (source link)

ChainCatcher news, Web3 creator investment platform Exceed announced the completion of an $8 million seed round financing, led by BRM Group, with participation from online venture capital platform OurCrowd.It is reported that Exceed's products utilize Web3 elements to enhance fan engagement and gamification, helping creators, investors, and fans come together to create on its platform. Following the completion of this financing round, the company also announced the appointment of music industry veteran Anthony Martini as president, who previously served as CEO of Royalty Exchange. (source link)