FanTV Secures $3 Million in Funding to Revolutionize AI-Powered Content Creation on Sui Blockchain

FanTV secures $3 million funding | Media | Campaign India

The Sui blockchain-based content platform uses AI to offer users an engaging content consumption experience while helping creators own and monetise their content. FanTV, an AI-powered content platform on the Sui blockchain, has received $3 million in funding. The fresh cash infusion is expected to help FanTV further its goal of transforming digital content creation with AI tools. The participants in this funding round included Mysten Labs, Cypher Capital, CoinSwitch Ventures, and Illuminati Capital. Earlier, the company had raised $5.5 million from investors, including Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures, and Tykhe Block Ventures. Led by founder and CEO Prashan Agarwal, the former CEO of the popular music streaming platform Gaana, FanTV is trying to make AI-powered content creation accessible to all. Under Agarwal's leadership, Gaana grew to 18 crore users and raised $115 million from Tencent. FanTV has processed three crore transactions so far, making it the largest AI-led content platform across blockchains. The platform has 80 lakh users and 80,000 creators who produce music, videos, podcasts, web series, and vlogs using AI. The platform supports established influencers as well as emerging talent. This includes CryptoIndia, BlockFuel, MrBreadSmith, and Bitcoin educator Kashif Raza, TrevinVSNFT-Sui's top content creator. "Creativity lives within everyone, but traditional content creation barriers have kept too many voices silent. FanTV's AI tools are democratising content creation, allowing anyone with a creative vision to bring it to life. The next evolution of social media won't be defined by passive consumption -- it will be driven by millions of creators expressing their unique voices through AI-powered tools. This is where FanTV is leading the revolution," said Prashan Agarwal, CEO of FanTV. FanTV allows users to support creators through digital tipping and personalised Creator Coins. Creators retain ownership of their content, giving them control and financial benefits. The platform also provides paid AI-powered content creation features and engagement rewards, letting users buy credits for premium AI tools and launch their digital tokens. Sui co-founder Adeniyi Abioudin said, "AI and crypto are already converging in daily use cases. While others are still talking, FanTV has built it -- AI agents for content creation, executed at incredible speed." The fresh funds are expected to help FanTV develop advanced AI tools for creators and expand its global creator network and user base. According to Bill Qian of Cypher Capital, integrating AI agents into content creation signifies a shift in how digital content is produced and distributed. "FanTV's AI technology stands out by making professional-grade content creation accessible to millions. What impressed us most was their ability to combine advanced AI capabilities with an intuitive user experience, resulting in unprecedented creator growth," Qian said.

FanTV raises $3 million to transform AI-powered content creation

FanTV, an AI-powered content platform on the Sui blockchain, has secured an additional $3 million in strategic investment. This new funding, backed by Mysten Labs, Cypher Capital, CoinSwitch Ventures and Illuminati Capital, will fuel FanTV's mission to revolutionize digital content creation with AI-driven tools. This investment builds on the company's earlier $5.5 million raise from major investors, including Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures, and Tykhe Block Ventures. With over 8 million users and 80,000 creators, the platform has already processed 30 million transactions, making it the largest AI-driven content platform across all blockchains. Creators on FanTV produce music, videos, podcasts, web series and vlogs using AI tools. The platform supports both emerging talent and established influencers, featuring creators like TrevinVSNFT -- Sui's top content creator -- Bitcoin educator Kashif Raza, CryptoIndia, BlockFuel, and rising digital voices like MrBreadSmith. At the helm of FanTV is Founder & CEO Prashan Agarwal, former CEO of Gaana, a streaming platform, which grew to 180 million users and raised $115 million from Tencent. "We firmly believe that creativity lives within everyone, but traditional content creation barriers have kept too many voices silent. The next evolution of social media won't be defined by passive consumption -- it will be driven by millions of creators expressing their unique voices through AI-powered tools. This is where FanTV is leading the revolution," Agarwal said in a statement. Through AI-powered tools, digital tipping, and personalized Creator Coins, FanTV also allows users to support their favorite creators while giving creators direct ownership of their content. The platform's economic model combines paid AI-powered content creation features with engagement rewards, allowing users to purchase credits for premium AI tools, tip and gift creators, and even launch their own digital tokens to offer exclusive content and foster deeper community engagement. Adeniyi Abioudin, Co-founder of Sui, said, "AI and crypto converging in daily use cases and products isn't just the future -- it's already happening. This is the next big disruption." The new funding will support several strategic initiatives, including the development of advanced AI tools for creators, the expansion of its global creator network, and enhanced user growth strategies. FanTV's approach to merge AI with blockchain capabilities ensures a decentralized ecosystem that prioritizes creator ownership and new opportunities for digital creators worldwide.

FanTV Secures $3M, Fueling AI Content Creation Revolution on Sui with 8M Users.

FanTV, the leading AI agent platform for Content on Sui, has raised an additional $3 million in strategic investment from Cypher Capital, Mysten Labs, CoinSwitch Ventures and Illuminati capital to power its next phase of growth with AI Agents for Content Creation. This builds on its earlier $5.5 million raise from Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures, and Tykhe Block Ventures. The platform boasts over 8 million on-chain wallets and over 80,000 creators. With over 3 million transactions processed, FanTV is solidifying its position as the largest AI platform across all blockchains. With content spanning more than ten categories, FanTV has built a diverse creator community that bridges emerging talent and established influencers. The platform hosts notable content leaders such as TrevinVSNFT (Sui's leading creator), Bitcoin educator Kashif Raza, CryptoIndia, BlockFuel and emerging creators like MrBreadSmith, demonstrating the platform's appeal across the digital content spectrum. At the helm of FanTV is Founder & CEO Prashan Agarwal, former CEO of Gaana, one of India's largest music streaming platforms that grew to 180 million users and secured $115 million in funding from Tencent. Under his leadership, FanTV has developed advanced AI technology to empower Creators to transform text to music, generate AI videos, create podcasts, web series, and vlogs while enabling cross-platform distribution. "We firmly believe that creativity lives within everyone, but traditional content creation barriers have kept too many voices silent," said Prashan Agarwal, CEO of FanTV. "Our AI agents are democratizing content creation, allowing anyone with a creative vision to bring it to life. The next evolution of social media won't be defined by passive consumption - it will be driven by millions of creators expressing their unique voices through AI-powered tools. This is where FanTV is leading the revolution." FanTV revolutionizes creator monetization through multiple revenue streams, including Creator Coins, content tokenization, and an innovative model that rewards both creators and users. The platform's economic model combines paid AI-powered content creation tools with engagement rewards. Users can purchase credits for premium AI features, tip and gift creators, while creators can launch their own tokens for exclusive content and community engagement. Adeniyi Abioudin, Cofounder, Sui : "AI and crypto converging in daily use cases and products isn't just the future - it's already happening. While others are still talking, FanTV has built it - AI agents for content creation, executed at incredible speed. This is the next big disruption, and FanTV is leading the way. With a world-class product and a powerhouse team, we're confident in their vision and proud to back them as they shape the future of entertainment." "The integration of AI agents into content creation isn't just an incremental improvement - it's a revolutionary shift in how digital content is produced and distributed," said Bill Qian, Cypher Capital, "FanTV's AI technology stands out by making professional-grade content creation accessible to millions. What impressed us most was their ability to combine advanced AI capabilities with intuitive user experience, resulting in unprecedented creator growth. With their strong technical foundation and clear vision, FanTV is perfectly positioned to lead the AI-powered future of digital content." The new funding will support several strategic initiatives, including: ● Advanced AI tools for Creators ● Onboard creators from across the globe ● Enhancement of user growth strategies FanTV's unique approach to combining AI technology with blockchain capabilities positions it at the forefront of AI X Crypto, offering a decentralized ecosystem that prioritizes creator ownership and fair value distribution. For more information about FanTV and its innovative platform, visit https://fantv.world FanTV, the leading AI Agent platform for next-gen Content Creation and backed by Multicoin Capital, is where AI meets Crypto on Sui, leading with over 8 million On-chain Users (80k Creators) and 27 million transactions, processing more than 1.2 million hours of AI-powered content monthly. As the largest platform for content creation across all chains, FanTV contributes to more than 22% of active wallets on Sui.

FanTV, #1 AI project on Sui, secures $3M to transform next-gen content creation with AI Agents

The platform boasts over 8 million on-chain wallets and over 80,000 creators. With over 30 million transactions processed, FanTV is solidifying its position as the largest AI platform across all blockchains. With content spanning more than ten categories, FanTV has built a diverse creator community that bridges emerging talent and established influencers. The platform hosts notable content leaders such as TrevinVSNFT (Sui's leading creator), Bitcoin educator Kashif Raza, CryptoIndia, BlockFuel and emerging creators like MrBreadSmith, demonstrating the platform's appeal across the digital content spectrum. At the helm of FanTV is Founder & CEO Prashan Agarwal, former CEO of Gaana, one of India's largest music streaming platforms that grew to 180 million users and secured $115 million in funding from Tencent. Under his leadership, FanTV has developed advanced AI technology to empower Creators to transform text to music, generate AI videos, create podcasts, web series, and vlogs while enabling cross-platform distribution. "We firmly believe that creativity lives within everyone, but traditional content creation barriers have kept too many voices silent," said Prashan Agarwal, CEO of FanTV. "Our AI agents are democratizing content creation, allowing anyone with a creative vision to bring it to life. The next evolution of social media won't be defined by passive consumption - it will be driven by millions of creators expressing their unique voices through AI-powered tools. This is where FanTV is leading the revolution." FanTV revolutionizes creator monetization through multiple revenue streams, including Creator Coins, content tokenization, and an innovative model that rewards both creators and users. The platform's economic model combines paid AI-powered content creation tools with engagement rewards. Users can purchase credits for premium AI features, tip and gift creators, while creators can launch their own tokens for exclusive content and community engagement. Adeniyi Abioudin, Cofounder, Sui : "AI and crypto converging in daily use cases and products isn't just the future - it's already happening. While others are still talking, FanTV has built it - AI agents for content creation, executed at incredible speed. This is the next big disruption, and FanTV is leading the way. With a world-class product and a powerhouse team, we're confident in their vision and proud to back them as they shape the future of entertainment." "The integration of AI agents into content creation isn't just an incremental improvement - it's a revolutionary shift in how digital content is produced and distributed," said Bill Qian, Cypher Capital, "FanTV's AI technology stands out by making professional-grade content creation accessible to millions. What impressed us most was their ability to combine advanced AI capabilities with intuitive user experience, resulting in unprecedented creator growth. With their strong technical foundation and clear vision, FanTV is perfectly positioned to lead the AI-powered future of digital content." The new funding will support several strategic initiatives, including:

Former Gaana Executive's Startup FanTV Bags $3 Mn To Help Users Create AI Digital Content

The company plans to use the funds to develop advanced AI tools, expand its global creator network, and boost user growth strategies FanTV, an AI-based content platform on the Sui blockchain, has secured $3 Mn (INR 24.9 Cr) led by Mysten Labs, along with participation from Cypher Capital, CoinSwitch Ventures and Illuminati Capital. The startup plans to use the fresh capital to develop advanced AI tools, expand its global creator network and boost user growth strategies. Founded in 2023 by Prashan Agarwal, former chief executive of music streaming platform Gaana, FanTV helps users create and share digital content using AI tools. It claims to support various content formats, including music, videos, podcasts, web series and vlogs. The platform allows creators to produce music, videos, podcasts, and web series while providing ways for them to earn money through tips and personalised creator coins. Operating on the Sui blockchain, FanTV claims to have over 8 Mn users and 80,000 creators, processing more than 30 Mn transactions. "We firmly believe that creativity lives within everyone, but traditional content creation barriers have kept too many voices silent," Agarwal said. Before launching FanTV, Agarwal served as the CEO of Gaana where he helped the platform to grow its user base to 180 Mn. Prior to that, he co-founded PropTiger in 2011, which he grew to over $500 Mn in GMV before exiting at a valuation exceeding $100 Mn. Agarwal is also the founder and CEO of FanTiger, an NFT marketplace that allows music artists to create and sell music NFTs while enabling fans to earn royalties and gain exclusive access to their favorite artists.