PUBLISH Inc. Partners with Add3.io to Facilitate Web3 Transition for News Media Companies

Blockchain media solutions provider PUBLISH Inc. has announced a strategic investment partnership with Add3.io, an onchain token management services company based in Delaware, to assist news media companies in transitioning to Web3 with ease. The collaboration aims to simplify the process of onboarding traditional media outlets onto decentralized platforms by leveraging blockchain technology.

According to PUBLISH, the partnership will offer media companies streamlined tools for issuing, distributing, and managing digital tokens, allowing them to enhance reader engagement and create new revenue opportunities within a decentralized ecosystem. By integrating Add3.io’s services, PUBLISH Inc. seeks to lower the barriers for media companies looking to adopt Web3 technologies.

"This partnership represents a significant milestone in bringing the benefits of Web3 to the media industry," said Sungmin Kwon, CEO of PUBLISH Inc. "Add3.io’s token management services will simplify the process of onboarding news media companies into the decentralized world, providing them with new avenues for growth and engagement."

Add3.io echoed these sentiments, emphasizing the ease of transition their technology offers. "We are excited to collaborate with PUBLISH Inc. in helping media outlets embrace blockchain technology," said Valentino Cremona, CEO of Add3.io. "Our goal is to provide seamless token management solutions, making Web3 more accessible to traditional media."

PUBLISH Inc. is also exploring further opportunities for media companies to monetize digital content through tokenization, utilizing blockchain technology to facilitate both audience interaction and content creation.