The leading venture fund from Asia, Kenzo Ventures, enters the blockchain content market with a partnership deal with Script TV Network. With this integration, the venture fund will offer its help on many levels, including investment and marketing, to boost the number of users from Asia on Script TV.
Script TV Network is a blockchain network created for video-based content in the crypto ecosystem. The network primarily deals with storage decentralization for videos and 24/7vlove content. The product portfolio from the blockchain currently includes Script TV, GameFi and NFTs, and several other dApps.
Script TV is one of the central services offered by the network that offers live televise on a free-to-air basis. Apart from the plethora of channels, the current features on Script TV include several movies, shows, sports, and news content. However, the network not only democratizes content but also helps earn rewards for watching it.
Yes, users can earn rewards while accessing the Script TV content. The NFT and GameFi mechanisms help them create, develop, and grow their NFTs for better value. The Script TV content and its features will be much more accessible to the Asian countries thanks to the partnership signed on May 22 with Kenzo Ventures.
Founded in 2021, Kenzo Ventures has become one of the leading crypto venture funds in just over a year. On the one hand, the firm helps its investors a safe and lucrative place for their investments in the crypto space. On the other hand, Kenzo identifies and supports projects with the potential for mutual benefit.
The strategic partnership of Kenzo Ventures with Script TV Network is supposed to assist with multiple angles. While the primary angles include marketing and investment to get established in the Asian market, Script TV Network is also rooting for the wider community of the firm as a key aspect of the deal.
As per the reports, much of Kenzo’s assistance will help the network carry its brand across industries in Asia. Kenzo will employ its initial Dex Offerings (IDO) to collect funds for developing the Script TV network. IDOs are the platforms created for crowdfunding where users can offer their tokens for a share of the profit depending on their investment.
Moreover, the venture fund has other effective means like exchanges and influencer networks to push its vision for Script TV Network forward. Given these, Kenzo will not have much difficulty carrying the brand of Script TV across national borders in Asia.
For Script TV, a market as large as Asia would be a fertile ground to get the financial stability it needs during the initial stages of its development. Furthermore, being backed by a firm like Kenzo will help to adapt to the Asian market and bring more innovative ideas to the table.