Web3 entertainment company YOAKE secures an additional $3.2 million in funding from Sony Innovation Fund.

Techub News, Web3 entertainment company YOAKE has received an additional strategic investment of approximately $3.2 million from the Sony Innovation Fund. The funds will be used to accelerate the expansion of on-chain entertainment scenarios on Sony's blockchain network, Soneium. The company is developing the "IRC APP" based on Soneium, which uses the $REC token to record and reward fan support activities, creating a transferable value system. YOAKE plans to upgrade this mechanism into infrastructure supporting various IPs such as music, film and television, games, and anime, using Japan's "support culture" as an entry point to promote product globalization and connect with global fan communities. The company has raised a total of approximately $4.45 million to date.