11:08 PM · Dec 5, 2024 · Sekai, an innovative AI-powered storytelling platform, has announced the successful closure of a $3.1 million seed funding round. The round was spearheaded by Hashed, a prominent blockchain-focused venture capital firm, with significant participation from a16z crypto startup school (CSX), Azuki, Orange DAO, and Zypsy. This investment marks a significant milestone for Sekai, enabling the company to further develop its platform and empower creators to build immersive and collaborative story universes.
Sekai is pioneering a new era of storytelling by leveraging the power of AI and blockchain technology. The platform offers a unique four-panel format that simplifies the creative process, making it accessible to both seasoned writers and aspiring storytellers. Users can seamlessly integrate AI-generated art, characters, and music to craft captivating narratives, all while retaining ownership of their intellectual property (IP).
Key Features and Benefits of Sekai:
- AI-Powered Creation: Sekai's intuitive interface and AI tools empower creators to generate stories effortlessly. From character design and scene generation to background music integration, the platform streamlines the entire creative process, making storytelling more accessible than ever.
- Blockchain Integration: Built on Story Protocol, a purpose-built blockchain for IP management, Sekai ensures creators maintain ownership and control over their work. Each story element is tokenized, securing IP rights and enabling new monetization opportunities.
- Collaborative Storytelling: Sekai fosters a vibrant community where creators and fans can collaborate and expand upon existing narratives. The newly launched "Worlds" feature allows users to build shared story universes, fostering co-creation and expanding the boundaries of traditional storytelling.
- Simplified Storytelling Format: The four-panel format makes it easy for anyone to create compelling stories, regardless of their experience level. This accessible approach encourages participation and fosters a diverse range of narratives.
- Cosmic Beanstalk: This innovative feature within Sekai provides a gamified onboarding experience, guiding users through the platform and inspiring them to explore different story worlds and genres.
Revolutionizing Storytelling and IP Management:
Sekai's vision extends beyond individual storytelling, aiming to transform how IP is created, shared, and monetized. By leveraging blockchain technology, the platform ensures transparency and security, empowering creators to retain ownership and control over their work. This decentralized approach fosters a more inclusive and collaborative storytelling ecosystem, unlocking new creative and economic possibilities.
Future Plans and Vision:
With the secured funding, Sekai plans to expand its platform's capabilities, enhance its AI-powered tools, and further develop the "Worlds" feature. The company is committed to building a thriving community of creators and fostering a new era of collaborative storytelling, where IP is dynamic, cross-cultural, and accessible to all. Sekai aims to empower creators to build rich, interconnected universes, pushing the boundaries of narrative and fostering a more vibrant and engaging storytelling landscape.
About Sekai:
Sekai is an AI-powered storytelling platform built on Story Protocol. The platform empowers creators to build immersive and collaborative story universes, leveraging blockchain technology to secure IP rights and foster a more inclusive and dynamic storytelling ecosystem. Sekai's innovative four-panel format and AI tools make storytelling accessible to everyone, regardless of their experience level.
About the Investors:
- Hashed: A leading blockchain-focused venture capital firm investing in and supporting the growth of decentralized networks.
- a16z crypto startup school (CSX): An initiative by Andreessen Horowitz (a16z) focused on supporting and accelerating the development of crypto startups.
- Azuki: A prominent NFT project known for its vibrant community and commitment to fostering creativity in the Web3 space.
- Orange DAO: A decentralized autonomous organization (DAO) composed of alumni from Y Combinator, focused on investing in and supporting early-stage Web3 startups.
- Zypsy: A venture capital firm specializing in early-stage investments in technology and media companies.
Compiled by CMO Intern team
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