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Dubai, United Arab Emirates — July 10, 2024 — <a href="https://u-topia.com/" rel="noopener noreferrer nofollow">U-topia</a>, a groundbreaking Web3 company propelling a new vision of MediaFi, has received a strategic investment worth 1 million USD from <a href="https://twitter.com/M3DAO_global" rel="noopener noreferrer nofollow">M3 DAO</a>, a leading decentralized autonomous organization.This investment is a landmark achievement for U-topia, which will help fuel its development of the innovative MediaFi platform and accelerate its mission to give creators and fans a voice in the entertainment industry.This investment from M3 DAO will directly contribute to accelerating U-topia’s product development roadmap. This includes the further development of U-topia’s core MediaFi technology, which utilizes blockchain technology and a 70k Real World Assets catalog to change the paradigm of fan experiences and ownership within the media industry.<blockquote>“We are thrilled to partner with M3 DAO, a visionary organization that shares our passion for Web3 innovation,” said <a href="https://www.linkedin.com/in/emmanuel-quezada/" rel="noopener noreferrer nofollow">Emmanuel Quezada</a>, CEO of U-topia. “This investment is a step towards our vision for the future of MediaFi and empowers us to create a more equitable and rewarding experience for both fans and creators.”</blockquote>In addition to the investment by M3 DAO, U-topia has the pleasure of announcing the appointment of <a href="https://www.linkedin.com/in/geraldcheck/" rel="noopener noreferrer nofollow">Gerald Check</a> as its Chief Investment Officer (CIO), who has been actively involved in the blockchain and venture capital industries. Mr. Check, also a core contributor at M3 DAO, has extensive experience recognizing and accelerating promising blockchain startups, having previously served as a professional at reputed organizations like Binance, TG20, and MEXC Global.<blockquote>“I am incredibly impressed by U-topia’s work towards the future of fan engagement and ownership,” said Mr. Check. “The MediaFi concept has the potential to fundamentally transform the way we interact with the media we love. I am excited to join the U-topia team and leverage my experience to contribute to the company’s continued growth and success.”</blockquote>By utilizing Web3 technology, U-topia will empower fans and general audiences alike and help them become actively engaged in the stories they cherish, while also creating new ways for creators to interact with their audiences and monetize their work in a better way.About U-topia<a href="https://u-topia.com/" rel="noopener noreferrer nofollow">U-topia</a> is a decentralized media company with financial tools for all ages, bridging world-renowned intellectual property into Web3 to supercharge user acquisition across all chains. U-topia rewards engagement across media products with its Chain Abstraction wallet. It removes the constraints of having specific cryptocurrencies in users&#39; wallets and makes more rewards accessible with its Account Abstraction tools. To learn more about U-topia, visit its website at: <a href="https://u-topia.com/" rel="noopener noreferrer nofollow">https://u-topia.com/</a>About M3 DAOM3 DAO is a decentralized autonomous organization focused on identifying and supporting high-potential blockchain startups. M3 DAO leverages the collective intelligence of its global community to make investment decisions, fostering a more democratic and inclusive approach to venture funding.

M3 DAO Invests $1 Million in U-topia Fueling MediaFi Growth

U-Topia

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