Web3 Music platform Public Pressure raises $6 million led by Blockchain-focused investors Scytale

Web3 music platform Public Pressure has raised USD $6 million in its new round of funding led by digital asset manager Scytale, which invests in blockchain solutions.


The funding round also attracted commitments from Ethereum & Polkadot founder Gavin Wood, Energy Web founder Ed Hesse, and other venture companies such as Matterblock and HV Capital, according to a December 12 release. Wood is among the early investors in Public Pressure.


The investment comes fresh on the heels of Public Pressure’s announcement that its first music and gaming NFT project raked in $2 million within days of its release. The project was launched in partnership with decentralized autonomous organization (DAO) Moonsama, introducing music as a gaming utility for the first time inside the Moonsama gaming metaverse.

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