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Creator and media monetization protocol Access Labs has procured $1.2 million in Seed funding from prominent investors such as Sora Ventures, DV Ventures, CMS Holdings, and DoublePeak, paving the way for an innovative monetization method within the crypto space.
The Access Labs model enables users to lock the native ACS token in a creator’s pool in exchange for a product or service. As a result, a novel and engaging ecosystem is being fostered for creators of varying sizes and expertise, including CryptoSlate Alpha. Mika Honkasalo, Access Protocol founder, emphasizes the company’s mission, stating, “We’re in the early stages of building a monetization ecosystem for creators of all shapes and sizes. We are set to build products and tools creators are used to in web2, super-powered only by what can be built on Web3 rails.” This expansion comes following Access Protocol’s day-one listing of an SPL Token on Coinbase on Feb. 15. Since its launch, Access Protocol has accrued over 220,000 unique subscribers across its content offerings. Notably, existing publications and service providers such as CoinGecko, The Block, CryptoSlate, DeSpread (South Korea), and Crypto-Times (Japan) are leveraging Access for web3 monetization. In addition to its fundraising success, Access Labs has also unveiled a beta of its independent publishing platform, Access Scribe. This platform offers a robust alternative to Substack or Mirror and has built-in web3 monetization capabilities. Source: CryptoSlate
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