The Aptos Basis has introduced a strategic partnership with Web3 streaming platform myco to speed up mainstream adoption of Web3 leisure.
Aptos (APT) is a layer-1 blockchain platform for sensible contracts and gives a decentralized and extremely scalable community.
The Aptos Basis’s integration with myco, previously Mcontent, will see the web3 streaming platform deliver greater than 13 million customers and three million energetic month-to-month viewers onto Aptos, the 2 platforms mentioned in an announcement.
myco to deliver Web3 content material to Aptos
Myco will leverage this partnership to deliver its platform’s content material, together with documentaries, films, and stay sports activities, to Aptos L1. The platform may also combine user-generated content material, which is predicted to go stay on-chain by the tip of the yr.
This newest partnership provides to latest developments round Aptos’s rising market presence, together with the collaboration with Alibaba Cloud to spice up Japan’s Web3 ecosystem.
Earlier this yr, Aptos partnered with Jambo to advance the digital financial system and web3 adoption in rising markets.
Web3 streaming and leisure market
Whereas the worldwide streaming market continues to see a number of conventional giants dominate, Web3 is taking form with a number of initiatives throughout the trade.
There are blockchain-based content material creation and streaming platforms leveraging decentralized infrastructure and crypto-based incentivization, amongst different Web3 options. Aptos’ and myco’s collaboration is a part of the broader shift.
Among the high initiatives on this market embody the decentralized video streaming platform Livepeer (LPT), the Web3 music streaming website Audius (AUDIO), and Theta Community (THETA), the decentralized cloud for synthetic intelligence, media, and leisure.