TechFlow News — Decentralized creator platform Joystream has raised $5.85 million at a $60 million valuation, led by Digital Currency Group (DCG), Hypersphere, Defi Alliance, and D1 Ventures.
Additionally, Joystream is preparing to launch its mainnet in the second or third quarter of this year, which will enable customized DAOs, an NFT marketplace for creators' videos, and a platform allowing creators to monetize content using their own tokens. Currently on the testnet, there are 3,434 members, and creators have earned $132,301 to date.
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