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The ASEAN Digital Economy Channel has secured $4.15 million in financing to create a new MediaFi track.
The ASEAN TV Digital Economy Channel (ADEC) is created by the Digital Industry Department of ASEAN TV and covers several ASEAN countries through the LaoSat-1 satellite.
ADEC is committed to creating and leading a new track of MediaFi, which revolves around the circular value chain of global media, leveraging the boundaryless reach of dedicated satellite communication, the ultimate efficiency of artificial intelligence (AI), the transparency and trust of blockchain (Web3), and the solid anchoring of real-world assets (RWA).
It is reported that ADEC has secured funding of 4.15 million USD. As the strategic cooperation of the ADEC project progresses, the platform's business connections and community recruitment efforts have started, and ADEC's digital economy section will soon be updated.