London, UK, Jan 19, 2022 – (ACN Newswire) – MyTVchain, a France-based sports, and blockchain webTV project, announced the closure of its private seed round that concluded in raising $880k from some of the leading blockchain VCs as well as private investors.
MyTVchain, a unique platform, decentralizes sports streaming, redirects revenue back to athletes, teams, and federations, and rewards supporters for their loyalty. The platform is complete with a state-of-the-art 360 degree NFT marketplace and a staking and farming platform for its native $MYTV token (BEP-20).
MyTVchain’s unique Fan2Earn model aims to make it easier for fans to show loyalty to their favorite athletes and clubs.
The private sale took place in two phases. The first lasted from July to September in 2021,, while the second ran from October to November in 2021.. The two phases of the sale saw a total of 14,109,639 $MyTV tokens being purchased for a grand total of $888 771,12. Buyers had two options for locking in their seed rounds.
MyTVchain has changed the status quo in sports: centralised streaming companies now have complete control of streaming revenues. Athletes, clubs, and federations of sports are left looking for outside support and funding to fund their endeavors. MyTVchain allows sports actors to directly make money from streaming and the sale of NFT collectables. Their fans also get rewarded for their success.
The private seed round of MyTVChain witnessed interest from VCs, crypto accelerators, and more than 100 private investors, including House of Chimera.
About House of Chimera
House of Chimera, a blockchain advisory and research firm, delivers high-quality research papers to cryptocurrency investors and venture capitalists. They have collaborated with many ambitious cryptocurrency projects like Syscoin, Zilliqa and XCAD Network.
The future of MyTVchain
With an attractive roadmap and robust architecture, MyTVchain looks to add u