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alphanetworks 10 million fund

AlphaNetworks Secures Commitments To Raise $10 Million To Build Global Media Platform on the Blockchain: CORRECTION

Funding Led By Alphabit Digital Currency Fund, Shuttle Fund of Korea, Smart Contract of Japan and More

AMSTERDAM, Oct. 05, 2018 (GLOBE NEWSWIRE) — AlphaNetworks, a blockchain-powered entertainment platform, announced today it has secured commitments to raise USD $10 million of initial funding from major crypto investors including Alphabit Digital Currency Fund, Shuttle Fund of Korea, Smart Contract of Japan, and others.

AlphaNetworks is led by two-time Emmy winner, Television Academy Governor and leading media consultant Seth Shapiro, who previously launched over 25 services including DIRECTV’s NFL Sunday Ticket Interactive and TiVo. AlphaNetworks combines subscription VOD, targeted advertising, and pay-per-view business models along with complete pricing freedom for creators and media companies. The platform also offers AI-powered audience analytics, blockchain-based transparency and increased monetization for creators and media companies based on on a transparent, viewership-based algorithm.

AlphaNetworks is slated to launch in Q2 2019. For more information, watch this video, visit AlphaNetworks.io, and join Telegram at T.me/AlphaNetworksTV.

About AlphaNetworks:
AlphaNetworks is a blockchain-powered entertainment platform dedicated to building the infrastructure of the next era of media. AlphaNetworks combines subscription VOD, targeted advertising, and pay-per-view business models on one platform for a seamless user experience. The platform provides complete pricing freedom and increased monetization for content creators based on a transparent, viewership-based algorithm, along with AI-powered audience analytics.

RadicalMedia, a multi-disciplinary studio that creates some of the world’s most innovative content led by co-founder Frank Scherma, will oversee content production. AlphaNetworks is a multinational endeavor backed by prominent advisors including Liam Robertson (Alphabit Fund), David Moss (TrueBlock, Block.One), John Maatta (The CW Television Network, Warner Bros. Entertainment), Jack Giarraputo (Happy Madison Productions), and Jay Samit (Deloitte, EMI, Sony, SeaChange). Subscribe to our newsletter on our website and join the conversation on Telegram at https://t.me/AlphaNetworksTV.

Media Contact:
Transform Group for AlphaNetworks
alphanetworks@transform.pr

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