Metale Protocol is pleased to announce the successful completion of its $2 million seed round extension, bringing the total seed funding to $4 million. This significant investment, secured in the first quarter of this year, was led by Aipollo Capital, Waterdrip Capital, and Ultiverse DAO, with participation from several experienced entrepreneurs.

Metale Protocol is dedicated to building a decentralized content distribution platform. Leveraging blockchain technology, we aim to establish decentralized content storage and copyright protocols, fostering a decentralized application ecosystem. Our platform will offer decentralized services for content industries, including paid playback, crowdfunding governance, traffic acquisition, data analysis, AI creation tools, and customized smart contracts for individual content. Our goal is to liberate content creators from the limitations of centralized distribution platforms, such as content censorship and high fees, empowering them with full autonomy and maximizing their interests.

We are proud to announce that Metale Protocol's daily active users (DAU) have reached 80,000, with registered users surpassing 500,000. Additionally, we are excited to highlight the success of our incubated Dapp, Read2N, which completed a $2 million seed round funding in March of last year.