Rad Raises Additional Funding From Ayre Ventures
Summary
Rad, a Dallas, TX-based provider of a video streaming platform for Web 3, raised an undisclosed amount in additional funding. Led by Tony Mugavero, CEO, Rad provides a digital streaming platform for creators enabling instant and transparent payouts. Currently, the platform offers subscription options and on-demand purchases, with fans fully owning entitlements through blockchain technology and NFTs. With entertainment experiences from top-tier creators and studios, Rad is accessible on multiple devices, including PlayStation 5, PSVR, Oculus Quest, iOS, Google TV, and more. In addition, Rad has integrated with HandCash, a mobile and web wallet that users can connect to apps, games, and websites to stream money directly, to help facilitate payments.