Fox Corporation https://gagarin.news/ru/news/a-ukrainian-company-opened-real-estate-sales-in-cryptocurrency/ led an investrae of $ 100 million for Eluvio blockchain startup

The American media company Fox Corporation was a leading investor in the round of financing series A for $ 100 million for the ELUVIO blockchain platform provider.

Within the framework of an investment transaction, the volume of which is not disclosed, Eluvio will provide a basic technological platform for Blockchain Creative Labs, recently launched a joint NFT unit Fox Entertainment and Bento Box Entertainment. CTO Fox Corporation Paul Chizbro will be part of the board of directors of the startup.

The first project on the platform will be the future animated series “Krapopolis” from the creator of “Rick and Morty” Dan Harmon.

Eluvio founded Michelle Manson and Serban Simu in 2019. The Eluvio Content Fabric blockchain network is designed for controlled by the owner of the storage, distribution and monetization of digital content, including the release of NFT .

“We believe that tokenized media on the blockchain open great opportunities. This is a new era in which technology and entertainment will promote each other, ”said CEO Blockchain Creative Labs Scott Greenberg.

The company will launch a trading platform for the production and sale of digital products of the animated series “Krapolis”, including NFT with unique characters, background images and gifs.

Recall that in May 2021, Fox Entertainment created a fund for $ 100 million for investment in the field of NFT.