{"id":71280,"date":"2022-12-10T14:06:22","date_gmt":"2022-12-10T12:06:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=71280"},"modified":"2025-09-08T07:32:18","modified_gmt":"2025-09-08T04:32:18","slug":"nft-platform-shibuya-raises-6-9-million-from-a16z-and-other-investors","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/nft-platform-shibuya-raises-6-9-million-from-a16z-and-other-investors\/","title":{"rendered":"NFT platform Shibuya raises $6.9 million from a16z and other investors"},"content":{"rendered":"<p>Decentralized video platform built on non-fungible tokens (<a href=\"https:\/\/forklog.com\/en\/news\/what-are-nfts\">NFT<\/a>) Shibuya closed a seed funding round worth $6.9 million.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">We are excited to announce our seed round of $6.9 million backed by <a href=\\\"https:\/\/twitter.com\/a16z?ref_src=twsrc%5Etfw\\\">@a16z<\/a> and <a href=\\\"https:\/\/twitter.com\/variantfund?ref_src=twsrc%5Etfw\\\">@variantfund<\/a>, and notable angels <a href=\\\"https:\/\/twitter.com\/joetsai1999?ref_src=twsrc%5Etfw\\\">@joetsai1999<\/a>, <a href=\\\"https:\/\/twitter.com\/Joi?ref_src=twsrc%5Etfw\\\">@Joi<\/a>, <a href=\\\"https:\/\/twitter.com\/KDTrey5?ref_src=twsrc%5Etfw\\\">@KDTrey5<\/a>, <a href=\\\"https:\/\/twitter.com\/ParisHilton?ref_src=twsrc%5Etfw\\\">@ParisHilton<\/a>, <a href=\\\"https:\/\/twitter.com\/StaniKulechov?ref_src=twsrc%5Etfw\\\">@StaniKulechov<\/a>, <a href=\\\"https:\/\/twitter.com\/ljxie?ref_src=twsrc%5Etfw\\\">@ljxie<\/a> and more. <\/p>\n<p>A \ud83e\uddf5<a href=\\\"https:\/\/t.co\/zhDKDnLYuL\\\">pic.twitter.com\/zhDKDnLYuL<\/a><\/p>\n<p>\u2014 Shibuya (@shibuyaxyz) <a href=\\\"https:\/\/twitter.com\/shibuyaxyz\/status\/1600865910231011329?ref_src=twsrc%5Etfw\\\">December 8, 2022<\/a><\/p>\n<\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The investment round was led by Andreessen Horowitz and Variant, with participation from basketball player Kevin Durant, fashion model Paris Hilton, Stani Kulechov, CEO of Aave, business angel Linda Se, and others.<\/p>\n<p>The funds will be used to attract new content creators, expand the development team, and hire a lead UX\/UI designer.<\/p>\n<p>Co-founder of the platform is the renowned artist Emily Yang, better known by the pseudonym pplpleasr. In August 2021 she created the Fortune magazine cover, sold as an NFT for 429 ETH (more than $1.3 million at the time of the deal).<\/p>\n<p>At ETHDenver in February 2022, Yang <a href=\\\"https:\/\/www.theblock.co\/linked\/134798\/nft-artist-pplpleasr-announces-decentralized-video-platform-called-shibuya-at-ethdenver\\\" title=\\\"\\\">announced<\/a> Shibuya as a decentralized blend of Netflix-style online cinema, Vimeo video hosting and Kickstarter crowdfunding platform.<\/p>\n<p>Shibuya is now releasing the anime series White Rabbit, where viewers determine the plot direction through NFT minting and voting. Yang described the project as a blend of the show \\&#8221;Black Mirror\\&#8221; and <a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a>.<\/p>\n<p>Earlier, the popular media player Winamp <a href=\"https:\/\/forklog.com\/en\/news\/winamp-adds-nft-support-on-ethereum-and-polygon\">integrated<\/a> support for non-fungible tokens on the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-ethereum-eth\">Ethereum<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/what-is-polygon-matic\">Polygon<\/a> networks.<\/p>\n<p>In December Opera announced a partnership with Alteon LaunchPad <a href=\"https:\/\/forklog.com\/en\/news\/opera-crypto-browser-to-add-nft-creation-capability\">to add NFTs to its \\&#8221;crypto browser\\&#8221;<\/a>. The initiative is planned to launch in January 2023.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Decentralized video platform built on non-fungible tokens (NFT) Shibuya closed a seed funding round worth $6.9 million.<\/p>\n","protected":false},"author":1,"featured_media":71281,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1213,1133],"class_list":["post-71280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nft","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"51","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/71280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=71280"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/71280\/revisions"}],"predecessor-version":[{"id":71282,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/71280\/revisions\/71282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/71281"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=71280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=71280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=71280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}