Founded in the UAE, Myco, a Web3 streaming platform has partnered with Aptos Foundation, which supports the growth of the Aptos Blockchain. Myco will be integrating its platform with the Aptos Blockchain to decentralize streaming.
The partnership will focus around technical integration, developing builder resources, and a mutual commitment to advancing Web3 technologies and delivering next-generation, decentralized digital streaming experiences.
The partnership is part of Myco’s broader plans to transition its infrastructure to the Aptos blockchain and support the Web3 streaming service provider’s long-term vision of becoming fully decentralized.
Hani El Khatib, co-founder and chief of Web3 at Myco stated, “Aptos’ advanced blockchain technology will support the launch of our sustainable and efficient token, enhancing our platform’s scalability and security while providing a superior user experience. This integration aligns seamlessly with our mission to lead the charge in making Web3-enabled streaming and entertainment accessible to the masses.”
Umair Masoom Co-Founder of Myco on LinkedIn stated, “This is a significant milestone in our journey as a company but more so a significant milestone for the entire hashtag Web3 industry!”
He explains what has ben achieved is a simpler, scalable, and friction less B2C product offering using Aptos Blockchain.
According to Masoom, Myco is now positioned to migrate our entire community, our brand promise and a real, revenue generating platform with millions of active users into an ecosystem that will enable our community & product to thrive.
Myco will be announcing soon its successful Series A raise that they will use to enter into the gaming sector after their success in video streaming.
In 2023, Republic Crypto signed an agreement with MyCo ( formerly MContent ), the UAE web3 streaming platform, to help build their web 3 strategy, making MyCo the first advisory project from the region. MyCo is the first-of-its-kind vertically integrated streaming platform that empowers creators and users alike and offers a diverse content slate, including film, tv shows, influencer content, live sports, and UGC.
