In order to support its next stage of expansion with AI agents for content creation, FanTV, the top AI agent platform for Sui content, has secured an additional $3 million in strategic investment from Mysten Labs, Cypher Capital, CoinSwitch Ventures, and Illuminati Capital. This expands on the $5.5 million it previously raised from Krafton, IOSG Ventures, Pravega Ventures, Woodstock Fund, Multicoin Capital, and Tykhe Block Ventures.
The platform has more than 80,000 creators and more than 8 million on-chain wallets. FanTV is establishing itself as the biggest AI platform on all blockchains with more than 30 million transactions processed. FanTV has established a varied creator community that connects up-and-coming artists and well-established influencers through content that covers over ten categories. TrevinVSNFT and other prominent content leaders are hosted on the platform.
Prashan Agarwal, the founder and CEO of FanTV, was previously the CEO of Gaana, one of the biggest music streaming services in India, which attracted 180 million users and raised $115 million from Tencent. Under his direction, FanTV has created cutting-edge AI technology that enables creators to produce AI videos, convert text to music, produce podcasts, web series, and vlogs, and facilitate cross-platform distribution.
“We firmly believe that creativity lives within everyone, but traditional content creation barriers have kept too many voices silent,” said Prashan Agarwal, CEO of FanTV. “Our AI agents 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.”
Through a variety of revenue streams, such as content tokenization, Creator Coins, and a novel business model that compensates both creators and users, FanTV transforms creator monetization. The platform’s business strategy blends engagement incentives with paid AI-powered content production tools. While creators can introduce their own tokens for exclusive content and community interaction, users can buy credits for premium AI features, tip, and gift creators.
