Tally Labs strives to expand decentralized content ecosystem with $12 million funding

Tally Labs strives to expand decentralized content ecosystem with  million funding

Tally Labs, a Web 3.0 media company that oversees the business operations and infrastructure software development of Jenkins the Valet – a fictional non-fungible token (NFT) project geared towards the life of a Bored Ape character – has announced a seed funding round of USD 12 million.

The company has committed to using the funds to expand the intellectual property and marketing of Jenkins the Valet to a broader spectrum of entertainment media, as well as to hire six people for newly announced jobs in the United States and abroad. Foreign.

The fund brings together a list of 19 investors, both private equity and individual, who were consciously chosen for their extensive experience and knowledge, but above all for their affiliation with the main values ​​of Web 3.0 and decentralized content creation.

Investors include companies like a16z crypto, Sterling VC, Dapper Ventures, as well as Dapper Ventures CEO Roham Gharegozlou, Odell Beckham Jr, and Allyson Felix, among others.

Safa, one of the two co-founders of Tally Labs alongside Valet Jones, reiterated the importance of a considered approach to funding in conversation with Cointelegraph, stating:

“I think capital, in current times, is not incredibly hard to come by, but we think it’s more about who the money is coming from, and we’ve felt we’ve found the best group of people we could ask for.”

According to Valet Jones, the growth of Tally Labs will serve as an “evolution of the story that exists” in that “Jenkins will do a lot more things, discover new places, as well as meet a lot of other communities” through the podcast. with SALT Audio.

“Jenkins is obviously such an important character to us, I think to the Writers Room, and hopefully to the space in general, so Jenkins is going to be really crucial in the growth of everything Tally does.”

Jenkins’ world first publication will be a fictional novel unraveling the stories and mysteries of the Bored Ape Yacht Club. titled Bored + Dangerous, the book is being written by 10-time New York Times bestseller Neil Strauss, with democratic support from the Writer’s Room community via the governance portal. The novel, available in both physical and NFT formats, is expected to be published sometime in the second quarter of 2022.

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Valet Jones concluded the conversation by highlighting the importance of creating a technology infrastructure that supports your execution ambitions, as well as providing your community with the best possible experience across the Web 3.0 realm:

“Every time Jenkins has a new adventure, or meets new characters and they have new adventures, and content is created, new software will also be created to make the interaction with the community as amazing as possible. […] Taking our community on a journey through all these evolutions of our business, and finding creative and fun ways to introduce what’s new, is what we love doing.”

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