Metale Protocol

Metale Protocol, founded in 2022 by Chari Zhou, is a Singapore-based company operating a Web3 content asset distribution platform. The company evolved from a Web3 decentralized reading application called Read2N, which rebranded to Metale Protocol in September 2023. By the first quarter of 2024, the company had successfully raised a total of $4 million in seed funding from investors including Waterdrip Capital, Aipollo Investment, and Ultiverse. This capital is intended to expand its content creation fund and further develop its platform for issuing and distributing content assets on the blockchain.

The protocol is engineered to dismantle the constraints of traditional publishing, such as content censorship and high platform fees, by offering a decentralized alternative. It functions as a peer-to-peer publishing protocol where creators can directly transfer their digital publications to consumers without intermediaries. The core of the platform utilizes a collection of Web3 protocols, including NFT issuance and trading, on-chain content storage, and DAO-based copyright governance. This structure empowers creators with greater control over their work and data.

Metale Protocol's business model centers on creating a more equitable revenue-sharing system. The platform implements a transparent model where it takes a fixed 20% share of revenue, with the remaining 80% distributed among the content creators and NFT-owning readers. This approach not only ensures fair compensation for creators but also incentivizes community-driven promotion. Readers can become advocates, contributing to the organic distribution of content. The protocol facilitates on-chain services for content subscriptions, profit-sharing, and asset transactions, effectively creating a marketplace for content copyright assets.

The service is designed for content creators, such as writers and artists, who wish to publish and monetize their work in a decentralized environment, and for readers seeking diverse content without traditional barriers. A key feature is its use of blockchain and smart contracts to automate royalty distributions, ensuring immediate and accurate payments. The platform also integrates AGI technologies like ChatGPT to offer creative support and content translation tools, aiming to bridge language gaps and connect creators with a global audience. By tokenizing copyrights as NFTs, Metale allows for novel forms of engagement and investment in digital content, positioning itself as a comprehensive ecosystem for the creator economy in the Web3 space.

Keywords: content distribution protocol, Web3 publishing, decentralized publishing, NFT copyright, creator economy, blockchain content, digital publication, peer-to-peer publishing, content monetization, royalty automation, decentralized autonomous organization (DAO), Chari Zhou, Read2N, tokenized assets, on-chain governance, digital rights management, content translation, creative support tools, crypto publishing, smart contract royalties