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Hashed Invests in 'IZUMO', a Japanese Virtual YouTuber Platform
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Summarized by durumis AI
- Hashed has invested $12.7 million (approximately 16.6 billion won) in 'IZUMO', a Japanese virtual YouTuber platform.
- This investment was made jointly with Japanese venture capital firm ANRI. IZUMO has been attracting attention for its participation of artists who have contributed to various animations, including an AI-based virtual YouTuber project.
- The investment funds will be used to develop a platform that supports global creators to connect with fans and monetize their content. The beta version of the platform is scheduled to be released in the first quarter of 2024.
Hashd announced on the 27th that it has invested $12.7 million (approximately 16.6 billion won) in the Japanese virtual YouTuber platform 'IZUMO'.
This investment was made jointly with the Japanese venture capital ANRI, and Anotherball has secured a total of $14.8 million (approximately 19.3 billion won) in cumulative investment.
IZUMO is gaining attention with the participation of artists who have contributed to various animations, including artificial intelligence-based virtual YouTuber projects.
The investment funds will be used to develop platform o9, which connects global creators with fans and supports content monetization.
The beta version of the platform is scheduled to be released in the first quarter of 2024, and full public release is also being prepared.
Hashd Partner Baek-gyeom Kim said, "IZUMO is a leading company at the intersection of virtual and content creator economics," and assessed that this investment will contribute to the development of the virtual creator industry.
Source - IZUMO
