AmplifyWorld Secures $1.2M SAFT Investment from Chapel Ventures to Fuel $AMPS Token Launch

New Funding Propels AmplifyWorld Towards the Launch of Its $AMPS Token, Empowering Musicians with a Decentralised Platform for Revenue and Engagement

Bristol, UK — AmplifyWorld, a decentralised fan engagement platform designed to empower artists and fans in the music industry by leveraging blockchain and Web3 technology, is thrilled to announce a $1.2 million investment secured through a Simple Agreement for Future Tokens (SAFT) from Chapel Ventures, an early-stage venture firm. This funding marks a pivotal milestone as AmplifyWorld gears up for the launch of its $AMPS token, set to revolutionise how artists connect with their audiences and monetise their content in the Web3 ecosystem.

As one of the most anticipated projects in the blockchain space, AmplifyWorld aims to create a new music economy where artists can connect directly with their fans, build their visibility, and monetise their careers on their own terms. The platform eliminates traditional industry gatekeepers and gives both artists and fans more control, transparency, and ownership over the fan engagement process.

The $AMPS token will serve as the backbone of the AmplifyWorld platform, enabling a new era of revenue and engagement possibilities for artists and fans worldwide.

With this new capital, AmplifyWorld will accelerate the development and deployment of $AMPS, enhancing their capabilities to provide artists and fans with an authentic, transparent, and rewarding fan engagement platform. The partnership with Chapel Ventures brings not only financial backing but also strategic expertise, helping AmplifyWorld advance its mission to make the music industry more accessible and equitable, by empowering artists to connect directly with fans, build their visibility, and grow sustainable revenue streams.

"This investment from Chapel Ventures is a game-changer for AmplifyWorld," said the AmplifyWorld team. "It validates our vision and gives us the resources to bring $AMPS to market, creating a platform that truly empowers artists and transforms the fan experience. We're excited to leverage this funding to accelerate our development and bring our vision to life."

Chapel Ventures expressed their enthusiasm for the partnership, noting AmplifyWorld's innovative approach to solving real problems in the music industry through decentralised technology.