Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the entertainment industry. This time, you get to discover five hand-picked Web3 startups impacting entertainment.
Out of 336, the Global Startup Heat Map highlights 5 Top Web3 Startups impacting Entertainment
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 336 exemplary startups & scaleups we analyzed for this research. Further, it highlights five Web3 startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 331 Web3 startups impacting entertainment, get in touch with us.
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Livepeer develops a Decentralized Video Streaming Network
Founding Year: 2017
Location: New York, US
Partner with Livepeer for Peer-to-Peer (P2P) Video Transcoding
Livepeer is a US-based startup that maintains a decentralized video streaming network built on Ethereum. It leverages underutilized resources at the consumer end, like compute power and bandwidth, to power video transcoding. It also features peer-to-peer content delivery, AI-enhanced content moderation, and video fingerprinting. This allows developers to avail cost-effective infrastructure and scale streaming services quickly. Additionally, the decentralized ecosystem monetizes the graphics processing unit (GPU) load through staking rewards while simultaneously mining cryptocurrency.
Lepricon.io builds a Decentralized Gaming Ecosystem
Founding Year: 2020
Location: Victoria, Seychelles
Use this solution for Blockchain-based In-game Payments
Lepricon.io is a Seychellois decentralized autonomous organization (DAO) that provides a blockchain-driven gaming ecosystem. It leverages decentralized finance (DeFi) and gas-free Ethereum compatible sidechain, Leprichain, to enable high-yield staking. This allows game developers to integrate blockchain into games and improve player experience. Besides, decentralized governance ensures that the advancement of Leprichain and the organization itself is in a direction favorable to the users and developers.
LikeCoin enables Decentralized Publishing (DePub)
Founding Year: 2017
Location: Hong Kong
Innovate with LikeCoin for Web3-Native Content Delivery
Hong Kong-based startup LikeCoin offers decentralized publishing infrastructure. It is an inter-chain protocol and framework that functions as a repository for immutable digital content metadata. This enables content ownership, authenticity, and provenance in the decentralized web. To achieve this, the startup uses a content registry protocol similar to the international standard content number (ISBN). Besides, LikeCoin’s framework readily integrates with existing media platforms, allowing media companies to transition to a web3 native content delivery network.
NUSIC provides Non-Fungible Token (NFT) Music Bonds
Founding Year: 2021
Location: Metaverse
Reach out for Decentralized Music Economy
NUSIC is a DAO that provides NFT music bonds. It allows music creators with a Spotify account to bind music into a digital asset. The NUSIC bonds focus on the streaming income rather than facilitating music publishing. Moreover, artists are able to fractionize these bonds and offer them as a collection on any NFT marketplace. Since the solution uses collateral deposits for the smart contract, a NUSIC bond issuer can regularly deposit collateral to improve the rating. This also reduces the risk profile associated with NFT assets, increasing sales and reach.
EthBlockArt develops a Web3 Art Platform
Founding Year: 2019
Location: Amsterdam, Netherlands
Partner for Blockchain-based Creator Economy
Dutch startup EthBlockArt offers a Web3 art platform. It allows users to create deterministic art on Ethereum and convert it to NFT. The platform also facilitates multi-level collaborative conversation between creative coders, visual artists, and collectors. This enables digital artists to express style as tangible art pieces. Besides, the platform includes an NFT marketplace that allows artists to mint NFTs, and earn as creative coders.
Discover more Entertainment Startups
Entertainment startups such as the examples highlighted in this report focus on decentralized governance and infrastructure, user-centric ecosystems, and P2P transactions. While all of these technologies play a major role in advancing the entertainment industry, they only represent the tip of the iceberg. To explore entertainment technologies in more detail, let us look into your areas of interest. For a more general overview, download our free Entertainment Innovation Report to save your time and improve strategic decision-making.
