Web3 streaming protocol Sona completes $6.9 million seed round financing, with participation from Polychain Capital and others

ChainCatcher news, according to TechCrunch, the Web3 streaming protocol Sona has completed a $6.9 million seed round financing, with participation from Polychain Capital, Haun Ventures, and Rogue Capital.

Sona provides artists with token-based streaming content, music auctions, governance rewards, and other services through DeFi-based modules, distributing the revenue from music auctions to artists and platform parties in a certain proportion. Currently, the platform has over 5 million tracks and is expected to expand to 16 million tracks next year.