Matera raises $3.6 million to boost creator economy by fusing DeFi with social media
Web3 startup Matera successfully raised $3.6 million
Web3 startup Matera has successfully raised $3.6 million in funding to build a platform aimed at solving the monetization challenges prevalent in the creator economy. According to a recent press release shared with CryptoSlate, the funding round included investments from notable names such as Sidedoor Ventures, HighCass Crypto, Medusa Ventures, The Sandbox, and Saxon Partners.
DeFi for creators
Matera’s mission involves integrating decentralized finance (DeFi) principles with social media to provide creators with new and innovative ways to monetize their content. By leveraging blockchain technology and smart contracts, Matera aims to empower creators by offering them a fairer and more transparent payment system.
Through Matera’s platform, creators will have the opportunity to directly connect with their audience, receive instant payments for their work, and have full control over their earning potential. By eliminating intermediaries and third-party fees, Matera seeks to revolutionize the way creators monetize their content in the digital age.
How will this affect me?
As a creator, Matera’s platform could potentially provide you with a more secure and efficient way to monetize your content. By utilizing DeFi technology, Matera offers creators the opportunity to receive direct payments from their audience without the need for intermediaries, thus maximizing their earning potential and financial autonomy.
How will this affect the world?
Matera’s innovative approach to combining DeFi with social media has the potential to disrupt the traditional creator economy and pave the way for a more equitable and transparent payment system. By empowering creators with greater control over their earnings and reducing transactional fees, Matera’s platform could ultimately reshape the way content creators interact with their audience and monetize their work.
Conclusion
In conclusion, Matera’s successful funding round of $3.6 million signifies a significant step towards revolutionizing the creator economy by fusing DeFi with social media. With the support of notable investors and a clear mission to empower creators, Matera’s platform has the potential to transform the way content creators monetize their work and interact with their audience in the digital age.
