metale

ChainCatcher news, MetaLeX, founded by cryptocurrency lawyer Gabriel Shapiro, announced the completion of a $2.75 million seed round financing, with the company valued at $27.5 million. This round of financing was led by Cyber Fund.According to the Web3 asset data platform RootData, MetaLeX is a new way to serve the legal, governance, and operational needs of the crypto community, built specifically for the new cybernetic economy through a unique set of on-chain protocols and off-chain legal arrangements.

ChainCatcher news, the Web3 content distribution protocol Metale Protocol recently announced an additional $2 million in funding, with participation from Waterdrip Capital, Aipollo Investment, and Ultiverse. To date, its seed round financing has reached a total of $4 million.The new funds will be allocated to its ecosystem's content creation fund to stimulate more content creation activities and promote the protocol's construction of a content asset issuance and distribution platform on-chain.Previously, in September 2023, the Web3 decentralized reading application Read2N announced a brand upgrade, rebranding itself as Metale Protocol.

ChainCatcher news, the new version of the content distribution protocol MetaleProtocol is now online, supporting content forms such as short dramas, podcasts, and books. Users can freely create, trade, or watch these contents. As of now, the on-chain DAU has exceeded 12,000.In addition, MetaleProtocol announced the issuance of the first asset of the BEP404 protocol------the short drama "Demon Arrive" NFT, which has received praise from the Pandora project and support from the official BNB Chain retweet.MetaleProtocol is the first global content distribution protocol connecting the web2 short drama ecosystem to web3, providing on-chain services such as copyright crowdfunding, transparent profit sharing, and asset trading.

ChainCatcher news, according to the official announcement, MEXC will list the Metale Protocol project token RCM on November 30, 2023, at 18:00 (UTC+8), and open the RCM/USDT trading pair.It is reported that Metale Protocol is a globally leading content distribution protocol that unlocks infinite possibilities for storytelling through blockchain and AGI technology, connecting writers and readers from around the world and bringing stories to life in everyone's hands.

ChainCatcher news, the decentralized publishing protocol Metale Protocol has officially launched its V3 version. Users can freely publish their personal works, and other users can become publishers by minting NFTs for the works, significantly lowering the barriers and costs of publishing. In addition, the V3 version is built on the opBNB network and adopts a mint-and-trade model.Metale Protocol, driven by blockchain and AGI technology, brings real-world copyrights into the crypto space, connecting writers and readers from around the world.

ChainCatcher news, the Web3 decentralized reading application Read2N announced a brand upgrade and has been renamed "Metale Protocol," and will also conduct an airdrop in collaboration with ecological partners.Previously, Read2N announced the completion of a $2 million seed round financing, with participation from Chain Capital, LinkVC, Initiate Capital, and others. In addition, the founding team of Read2N announced that they would allocate project governance tokens to shareholders of their previous entrepreneurial projects, including investment institutions and individuals such as Sequoia China, Gao Rong Capital, Mo量 Capital, Xianfeng Capital, KIP Capital, Qianshi Venture Capital, ZhenFund, and Huang Zheng.

ChainCatcher news, Read2N announced a brand upgrade on September 1, and will adopt the new brand name Metale Protocol, moving forward with a new name and image for the next phase of building a decentralized creation and distribution ecosystem. After the upgrade, the Read2N App will be renamed Metale and will become the first application under the Metale Protocol.It is reported that Read2N, as a pioneer in decentralized publishing and distribution platforms, was launched on December 15, 2022. After more than six months of development, it has accumulated rich creator resources and significant market traffic for Metale Protocol. Currently, Metale Protocol has helped over 100 writers complete a total of more than 150 works for decentralized distribution.