AmplifyWorld Secures $1.2M SAFT Investment from Chapel Ventures to Fuel $AMPS Token Launch

New Funding Propels AmplifyWorld Towards the Launch of Its $AMPS Token, Empowering Musicians with a Decentralised Platform for Revenue and Engagement

Bristol, UK – AmplifyWorld, a decentralised fan engagement platform designed to empower artists and fans in the music industry by leveraging blockchain and Web3 technology, is thrilled to announce a $1.2 million investment secured through a Simple Agreement for Future Tokens (SAFT) from Chapel Ventures, an early-stage venture firm. This funding marks a pivotal milestone as AmplifyWorld gears up for the launch of its $AMPS token, set to revolutionise how artists connect with their audiences and monetise their content in the Web3 ecosystem.

As one of the most anticipated projects in the blockchain space, AmplifyWorld aims to create a new music economy where artists can connect directly with their fans, build their visibility, and monetise their careers on their own terms. The platform eliminates traditional industry gatekeepers and gives both artists and fans more control, transparency, and ownership over the fan engagement process.

The $AMPS token will serve as the backbone of the AmplifyWorld platform, enabling a new era of revenue and engagement possibilities for artists and fans worldwide.

With this new capital, AmplifyWorld will accelerate the development and deployment of $AMPS, enhancing their capabilities to provide artists and fans with an authentic, transparent, and rewarding fan engagement platform. The partnership with Chapel Ventures brings not only financial backing but also strategic expertise, helping AmplifyWorld advance its mission to make the music industry more accessible and equitable, by empowering artists to connect directly with fans, build their visibility and create new, sustainable income streams that they own and control.

“This investment from Chapel Ventures is a testament to the disruptive potential of our platform and the $AMPS token,” said Irfon Watkins CEO of AmplifyWorld “With $AMPS, we are building a bridge between artists and their communities, providing new ways for them to interact, engage, and share value in a decentralised environment. Chapel Ventures’ belief in our mission strengthens our confidence as we move forward with the upcoming token launch.”

The $AMPS token will introduce unique features such as staking, exclusive content access, and community-driven governance, creating a digital economy centred around fan-artist engagement. The AmplifyWorld platform will offer enhanced tools for monetisation, and audience engagement, setting a new standard for decentralised content and music.

This SAFT investment marks a significant step forward in AmplifyWorld’s journey, with plans to launch the $AMPS token later this year, AmplifyWorld is poised to open up new avenues for artists empowering them to achieve financial independence and build stronger connections with their fans.

About AmplifyWorld

AmplifyWorld is a decentralised content platform that bridges artists and fans through blockchain technology, offering new ways to connect, monetise, and engage. By harnessing the power of $AMPS, AmplifyWorld provides a transparent, community-driven ecosystem for artists to thrive. Learn more at AmplifyWorld’s website.

About Chapel Ventures

Chapel Ventures is an early-stage venture capital firm specialising in blockchain, DeFi, and Web3 startups. They seek out visionary teams to support innovative projects that push boundaries and create sustainable value.