New Delhi: FanTV, an AI-powered content platform on the Sui blockchain, has secured an additional $3 million in strategic investment. This funding, backed by Mysten Labs, Cypher Capital, CoinSwitch Ventures, and Illuminati Capital, will drive the platform’s mission to revolutionize digital content creation with AI-driven tools. This investment follows FanTV’s earlier successful $5.5 million raise from notable investors, including Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures, and Tykhe Block Ventures.
With over 8 million users and 80,000 creators, FanTV is reshaping the content creation landscape. The platform has already processed 30 million transactions, positioning itself as the largest AI-driven content platform across all blockchains. Creators on FanTV produce music, videos, podcasts, web series, and vlogs, all powered by cutting-edge AI tools. The platform supports both emerging talent and established influencers, featuring creators such as TrevinVSNFT (Sui’s top content creator), Bitcoin educator Kashif Raza, CryptoIndia, BlockFuel, and rising digital stars like MrBreadSmith.
FanTV’s founder and CEO, Prashan Agarwal—former CEO of Gaana, one of India’s largest music streaming platforms, which grew to 180 million users and raised $115 million from Tencent—brings his extensive expertise to FanTV’s vision. Under his leadership, FanTV is making AI-driven content creation accessible to everyone, breaking down traditional barriers and allowing more voices to be heard.
“We firmly believe that creativity lives within everyone, but traditional content creation barriers have kept too many voices silent. FanTV’s AI tools are democratizing content creation, allowing anyone with a creative vision to bring it to life. The next evolution of social media won’t be defined by passive consumption—it will be driven by millions of creators expressing their unique voices through AI-powered tools. This is where FanTV is leading the revolution,” said Prashan Agarwal, CEO of FanTV.
Beyond simplifying content creation, FanTV is transforming how creators monetize their work. The platform offers AI-powered tools, digital tipping, and personalized Creator Coins, enabling users to support their favorite creators. It also allows creators to maintain direct ownership of their content. The platform’s economic model combines paid AI-powered content creation features with engagement rewards, giving users the ability to purchase credits for premium tools, tip and gift creators, and even launch digital tokens for exclusive content and deeper community engagement.
Adeniyi Abioudin, Co-founder of Sui, commented on the platform’s impact: “AI and crypto converging in daily use cases and products isn’t just the future—it’s already happening. While others are still talking, FanTV has built it—AI agents for content creation, executed at incredible speed. This is the next big disruption, and FanTV is leading the way. With a world-class product and a powerhouse team, we’re confident in their vision and proud to back them as they shape the future of entertainment.”
Bill Qian of Cypher Capital added, “The integration of AI agents into content creation isn’t just an incremental improvement—it’s a revolutionary shift in how digital content is produced and distributed. FanTV’s AI technology stands out by making professional-grade content creation accessible to millions. What impressed us most was their ability to combine advanced AI capabilities with an intuitive user experience, resulting in unprecedented creator growth. With their strong technical foundation and clear vision, FanTV is perfectly positioned to lead the AI-powered future of digital content.”
The new funding will support several strategic initiatives, including the development of advanced AI tools for creators, the expansion of its global creator network, and enhanced user growth strategies. FanTV’s unique approach to combining AI with blockchain technology ensures a decentralized ecosystem that prioritizes creator ownership, fair value distribution, and new opportunities for digital creators around the world.
