PANews reported on June 26 that according to Venturebeat, Web3 entertainment and gaming platform Redacted has completed a $10 million financing round. Spartan Group co-led the investment, and other participants included Saison Capital, Animoca Brands and Polygon Ventures. Several Web3 founders, venture capital firms and angel investors also participated in this round of investment.

According to reports, Redacted is using blockchain and artificial intelligence to build a product ecosystem to form an entertainment data circle where Web3 users can play games, trade, watch and get rewards. With the support of RDAC tokens, Redacted supports its entertainment and gamification products through data protocols, which will provide users with a better and more targeted experience and bring business opportunities to Web3 companies and Dapps.