According to Foresight News, Web3 startup Matera has successfully raised $3.6 million in funding. The capital will be utilized to build a platform aimed at addressing the prevalent monetization challenges in the creator economy. The funding round saw participation from several renowned firms including Sidedoor Ventures, HighCass Crypto, Medusa Ventures, The Sandbox, and Saxon Partners.
Matera's initiative is a significant step towards resolving the financial hurdles faced by creators in the digital economy. The involvement of multiple well-known enterprises in the funding round underscores the potential of Matera's proposed solution. The raised capital will be instrumental in developing a platform that can effectively tackle the monetization issues that creators commonly encounter.
