World’s fastest-growing Web3-powered digital content platform to integrate with fastest, most performant L1 blockchain
August 21, 2024 – Myco.io, a leading Web3 streaming platform boasting over 13 million registered users and 3 million monthly active users, today announced a strategic partnership with Aptos Foundation to ship content on Aptos, the world’s most performant L1 blockchain.
The collaboration will focus around technical integration, developing builder resources, and a mutual commitment to advancing Web3 technologies and delivering next-generation, decentralized digital streaming experiences.
As Myco continues to ascend as a key player in the Web3 ecosystem, offering a diverse range of content from live sports to documentaries, movies, and user-generated content, this partnership with Aptos Foundation signifies a pivotal move towards integrating cutting-edge blockchain innovations. Aptos’s Move-based layer-1 blockchain technology will play a crucial role in this evolution.
This strategic partnership also aligns with Myco’s upcoming launch of its native utility token on the Aptos blockchain, set for early Q4 2024. Myco’s roadmap further outlines plans for transitioning Myco.io’s existing infrastructure to the Aptos blockchain, reinforcing Myco’s long-term vision of becoming a fully decentralized platform. Unlike traditional centralized platforms, Web3 offers people decentralized control over their data and digital assets, enabling them to participate in a more transparent, user-driven ecosystem where they have ownership and governance rights.
“Launching on Aptos is a significant milestone in Myco.io’s journey to transform the streaming industry,” said Hani El Khatib, Co-Founder & Chief of Web3 at Myco. “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.”
The partnership will include:
- Strategic Investment & Partnership: the Aptos Foundation’s partnership will drive the platform’s growth and enhance its technological capabilities.
- Blockchain Integration: Integration of Aptos’s blockchain technology will improve Myco’s scalability, security, and overall user experience.
- Shared Vision for Web3 Mass Adoption: Myco and Aptos Foundation aim to onboard the next billion users into Web3 by delivering seamless, user-friendly experiences that bridge traditional digital content with a decentralized future.
The scalability and performance of Aptos provides an ideal platform for Myco to expand its content offerings and user base. The integration into Aptos’ Move-powered tech stack will elevate Myco’s performance and enrich the experiences of its growing community. Utilizing blockchain technology in streaming offers content creators enhanced security, transparency, and decentralized control over content distribution, reducing reliance on intermediaries. For users, it ensures greater privacy, fairer monetization, and access to a broader range of content with verifiable authenticity. This empowers the community with more ownership, trust, and engagement in the streaming ecosystem.
“I’m confident Myco will deliver user-first and user-driven Web3 adoption while playing an integral role in decentralizing the streaming industry worldwide,” said Mo Shaikh, Co-Founder & CEO of Aptos Labs, which will be supporting Myco’s integration of Aptos with technical expertise and resources. “They will be instrumental in expanding access to internet-grade streaming content onchain with clear benefits for streamers, builders, and viewers, alike.”
As Web3 continues to evolve, Myco and the Aptos Foundation are poised to lead the way in bringing decentralized technologies to mainstream audiences. This partnership represents not only a union of two forward-thinking entities but also a significant step toward a future where digital content is secure, accessible, and owned by its users.
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About Myco.io
Myco introduced the “viewer economy” as the next big trend in content & streaming with the World’s First fully functional and scalable vertically integrated web3 streaming platform. The platform has a brand purpose of “bringing true power to the viewers” and in turn bridging this power back to the content creators, sports streamers & independent film makers in terms of stronger communities, no barriers to entry, higher monetization shares and lower streaming costs.
Myco is today the fastest growing decentralized streaming platform with a large user base spanning across 190 countries, and with a web3 economic layer where both content creators and consumers are truly empowered with community rewards. Currently operating with a hybrid model on video streaming infrastructure, myco also has an aggressive target of moving its entire video infrastructure layer on-chain in order to pass on the benefits of decentralized data storage & consumption to myco’s growing global community and to ultimately become an eco-system that will support on-chain video IP creation, trade, custody and monetization.
Follow Myco
Website: https://myco.io
Google Play: https://play.google.com/store/apps/details?id=com.mcontent
App Store: https://apps.apple.com/in/app/myco-powered-by-mcontent/id1603970931
App Gallery: https://appgallery.huawei.com/#/app/C107862737
Facebook: https://www.facebook.com/myco.io.official
X: https://twitter.com/myco_io
Instagram: https://www.instagram.com/myco.io
TikTok: https://www.tiktok.com/@myco_io?_t=8kdtfh8dEbh&_r=1
Youtube: https://www.youtube.com/@myco_io
LinkedIn: https://www.linkedin.com/company/myco-io
PR contact: tariq@myco.io
About Aptos Foundation
Aptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses. Please visit https://www.aptosfoundation.org for more information.
About Aptos Network
Aptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards.