Web3 revenue sharing protocol Reveel raises $1.3 million in Pre-seed funding, with participation from Binance Labs and others

Chain Catcher news, the Web3 revenue sharing protocol Reveel announced that it has raised $1.3 million in a Pre-seed round, with investments from Binance Labs, Moment Ventures, and others. The new capital will be used for employee growth and product development.

Reveel was founded by Swiss reggae musician and producer Adrien Stern, aiming to automate revenue sharing and provide developers with an on-chain revenue reporting platform, a complete financial stack for Web3 collaboration. Previously reported, Reveel was shortlisted for Binance Labs' 4th season incubation program in May this year. (Insider)