FreshCut raises $15M Funding to improve the quality of Gaming content in the Web3 Ecosystem
FreshCut has secured $15M Funding to accelerate the transformation of content creation and improve creator-fan engagement in its ecosystem.
FreshCut, the community-focused content platform, has announced that it has secured $15M Funding from investors to achieve its objective of redefining creator-fan engagement via community governance and showcasing top-level gaming experiences in the web3 gaming ecosystem.
The funding round was led by Galaxy Interactive, Animoca Brands and Republic Crypto, with participation from Hashed, SkyVision Capital, Tamarack Global, C2X, and Polygon, among others.
FreshCut is a short-form gaming content ecosystem committed to connecting gaming and Web3 with a platform that enables creators to publish high-quality, short-form content that fans can connect with.
Through Web3 mechanics, fans and creators will be rewarded for their contributions and motivated to produce more collaborative interactions that influence the ecosystem's growth.
Commenting on the vision of the project, FreshCut CEO James Kuk said:
"Demand for short-form content has grown exponentially, largely driven by a generational shift in attention and consumer habits. At the same time, there's a growing desire for creators and fans to be rewarded for their contributions to the community and platform more appropriately and genuinely.
The FreshCut team and I are driven to build a platform that delivers a highly entertaining, curated content experience while also delivering long overdue value back to short-form gaming fans and creators."
Meanwhile, Yat Siu, co-founder and executive chairman of Animoca Brands, commented on the investment:
"The FreshCut team has an impressive vision for the gaming content industry: to hyper-connect all gaming fans across disparate Web2 and Web3 games. Our investment in FreshCut will help to power the next generation of gaming content and community."
This funding will be instrumental in accelerating the project's expansion while offering economic benefits to members of its ecosystem.