SpiderVille Raises $1M in Pre-Seed Funding

spiderville

SpiderVille, a Singapore-based Web3 music startup, raised $1M in Pre-Seed funding.

Backers included Contents Technologies, Samsung Next, and other angel investors.

The company intends to use the funds to develop its sound infrastructure for Web3 artists and the music industry, raising awareness, and priming it for scalability.

Led by CEO Hyug Bin Kwon, SpiderVille is a Web3 music startup that aims to improve the discovery and distribution of music NFTs. According to its announcement, the company is set to launch its project Ooh La La, a Web3 music player designed to provide an easier way for users to discover, listen to, and manage their music NFTs. The Ooh La La alpha will feature a single interface to aggregate music NFTs owned by users across various blockchain networks, along with playlist management and trending track discovery.

FinSMEs

26/07/2022