ScienceMagic.Studios is a firm that advises brands and talent on implementing web3 technologies – described as “a digital asset venture studio”. They just announced the raise of $10 million in pre-seed funding. Investors in the round included Coinbase Ventures, Digital Currency Group, Heni, Brevan Howard Digital, Liberty City Ventures, ThirdPrime, Cultur3, RealVision, and Heni, as well as angel investors Noam Gottesman, Frederic Court, Gil Weisblum, and the Khalili brothers.
Raoul Pal, the founder of Real Vision, has teamed up with Delphi Digital’s Kevin Kelly and the longtime entertainment & media exec David Pemsel to start the new token studio – ScienceMagic.Studios.
The company says it will primarily use the funds to scale up with the expectation of increased interest as brands continue to enter into the web3 space. They plan to advise brands on how to utilize web3 technologies such as NFTs and social tokens to increase interaction with fans and communities.