TechFlow reports that Unitea, a blockchain-powered interactive music platform with play-to-earn features, has announced the completion of a $7 million seed funding round. The round was backed by 1st Class Guernsey, Chaos Capital, TokenSociety, and Fuel Venture Capital. Unitea will use the raised funds to further expand its platform capabilities within and beyond the music industry.
Unitea aims to incentivize fans to support their favorite artists through a "play-to-earn" model. Fans can earn digital tokens called Karma by sharing music and creating content. These tokens can be redeemed for exclusive rewards, ranging from custom digital assets to concert tickets and artist meet-and-greets.
Add to Favorites
Share to Social Media
