According to PANews, Myco, a Web3 streaming platform headquartered in the UAE, announced the completion of a US$10 million Series A financing round, with participation from Daman Investments, Aptos Labs and others, and a valuation of US$80 million.
The new funds will be used to expand into the Middle East and North American markets. Previously, Myco announced a partnership with the Aptos Foundation to decentralize streaming content on the Aptos blockchain.
Myco is a content traffic dApp that supports seamless integration of AVOD and SVOD functions in a decentralized environment, covering live sports, movies, documentaries and UGC content.
