ME Ventures is an investment fund leading the evolution of a sustainable business ecosystem for creators worldwide by investing in companies laying the technological foundation of music and media for a Web3-driven future.
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For Immediate Release: ME Ventures has announced an early-stage venture fund for companies leading the creator economy, tackling the industry’s biggest challenges, and developing vertically integrated solutions that empower creators to build sustainable careers around the globe. This team of diverse global innovators and entrepreneurs has joined forces to invest in and help develop the future infrastructure of music and media.
The creator economy is currently experiencing explosive growth as a new technology infrastructure develops to support emerging Web 3.0 applications and utilities. Twenty-Nine (29%) of today’s youth aspire to make a living leveraging music and media rather than traditional careers thus the booming creator economy has become the fastest-growing type of small business. COVID-19 has accelerated “The Great Resignation” as people follow their passions, purpose, and creativity, fostering a projected market size for the creator economy of approximately $104.2B in 2022. In Q3 2021, NFT revenue topped $10.3B, as blockchain-based assets and their emerging utilities drive innovation. Tomorrow’s creator tools will bring fans and artists closer together and create, secure, distribute and monetize Intellectual property like never before. These converging trends and the backdrop of an emerging Metaverse have set the stage for an unprecedented shift in wealth and consumer habits.
Founded by the team behind the Music Entrepreneur Conference (MEcon) and a group of leaders and innovators across music, media, Web 3.0, finance, and technology, ME Ventures knows firsthand the numerous opportunities now at creators’ fingertips and how to drive sustained returns across a diverse portfolio.
MEcon, now in its 5th year, which boasts sponsors as diverse as Live Nation Urban and the Microsoft Garage, has become the premier education hub and a must-attend event for those aspiring to learn the business of music, be a part of a like-minded community and stay on the leading edge of technology.
ME Ventures is on a mission to restructure the media technology landscape to benefit content creators that have traditionally been disproportionately compensated for their contributions to legacy media technology platforms.
With accelerating Web 3.0 adoption, the next generation of creator-powered technologies will reduce barriers, create business efficiencies and provide equal opportunities for creators to thrive. To that end, ME Ventures seeks companies from fintech to media distribution, from business/IP management to creator-fan experiences, etc. that foster inclusivity and vertical integration to create a fairer, simpler, more efficient, and profitable media technology industry.
“We don’t just want to make wealthy investors wealthier; our goal is to give artists and creators every opportunity to have a higher quality of life and invest in their futures, by leveraging their experience, talent, ideas, and bleeding-edge technologies,” says Jalen James Acosta ME Ventures General Partner.
About ME Ventures
ME Ventures is an investment fund leading the evolution of a sustainable business ecosystem for creators worldwide, investing in companies laying the technology foundation of music and media for a Web3-driven future. Founded and envisioned by a diverse group of innovators, creators, and leaders from all walks of life, we thrive on inclusivity and social impact.
Contact Info:
Name: Rachel Karry
Email: Send Email
Organization: MeVentures
Address: 99 Wall Street, New York, NY 10005, United States
Website: https://www.meventures.vc/
Release ID: 89073531
