Decentralized fan engagement platform AmplifyWorld completes $1.2 million financing, Chapel Ventures participates

decentralized fan participation platform AmplifyWorld has announced the completion of a $1.2 million financing round, with early-stage venture capital firm Chapel Ventures participating. It is reported that this financing transaction was carried out through the Simple Agreement for Future Tokens (SAFT). AmplifyWorld aims to empower artists and fans in the music industry by utilizing blockchain and Web3 technology. It is currently preparing to launch tokens to build a new music economy, allowing artists to directly connect with fans. The new funds are intended to accelerate token development and deployment.

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