Tim DraperFounder and Managing Partne, Draper Associate · I back the ideas that look crazy first

While big platforms keep profits, Myco gives power back to creators and communities. 🎥

28 Feb 2025 · 1 min

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Myco is a blockchain platform competing against Jaz-backed Tamasha by giving creators and fans financial power through a native token on Aptos. It's sponsoring Pakistani MMA fighters, football players, and athletes who lack traditional funding, betting that community support can surface stories big platforms ignore.

And you mentioned that you are the second largest platform currently. Who's the largest platform? How are you differentiating yourself?
So the largest platform is called Tamasha. It's owned by Jaz, which is the largest telco in the country. They've got hundreds of millions of dollars behind them, and they also have a data play. We, on the other hand, have a crypto play because we are about to launch our native utility token next month, which is on the Aptos blockchain. The reason why we are empowering the consumer today by giving them financial power, we believe tomorrow that power will be passed back. to the creators, because filmmakers, sports professionals, athletes in Pakistan, they're not getting the funding that they need. You know, there are athletes in MMA and football and women's football and squash that we have sponsored because we built a community of consumers that now has an interest and that community wants to give back.
An empowerment-driven model is going to bring out stories which otherwise will always be untold.