Sidekick Labs Secures Altos Ventures Funding to Advance LiveFi Model

Sidekick Labs, a Web3-native livestreaming platform, has secured an investment from Altos Ventures, a prominent Silicon Valley venture capital firm. This funding is aimed at advancing Sidekick’s LiveFi model, which integrates live streaming with decentralized finance (DeFi) and non-fungible tokens (NFTs). The investment will accelerate product iterations, drive user growth, and expand the platform's multi-chain ecosystem, fostering a closed loop of “content creation – user participation – on-chain conversion” to reshape the economic value of attention.

The platform has already made significant strides, deploying on multiple blockchains including ETH, Base, Solana, and BSC. It has secured support from the Solana foundation, integrated with OKX Web3 Wallet, and been selected for the Google Cloud Web3 Startup Program, gaining access to top-tier global developer resources. Sidekick has attracted over 1,000 streamers globally, highlighting its growing influence in the Web3 space.

Altos Ventures, known for its early-stage investments across Korea and the United States, has a track record of backing notable projects such as Coupang, Roblox, Krafton, Toss, and Limotaxi Korea. In recent years, Altos has increased its investments in projects that combine Web3 infrastructure with real user scenarios, including Avail, Sign Protocol, Conduit, and Blockus. This investment in Sidekick Labs further validates the platform's business model under the “attention is asset” thesis, gaining global recognition.

Sidekick is designed for real-time trading, content creation, and community engagement, built on the concept of “LiveFi.” The platform empowers streamers to share insights and engage audiences through seamless onchain participation, combining entertainment with real-time action. This delivers an immersive, creator and audience-first experience that transforms attention into an asset. The platform is already home to a growing global community of traders, creators, and crypto-native users.

With this investment, Sidekick Labs is well-positioned to lead the next wave of Web3 adoption, bridging the gap between traditional media and decentralized technologies. The funding will support the platform's efforts to expand its multi-chain ecosystem, allowing for greater interoperability and flexibility. This expansion is crucial for attracting a diverse range of users and developers, fostering a vibrant and dynamic community. By building a robust and scalable infrastructure, Sidekick Labs aims to set new standards in the Web3 space, paving the way for future innovations.

In summary, the investment from Altos Ventures marks a significant milestone for Sidekick Labs, providing the necessary resources to advance its LiveFi vision. With a focus on product development, user growth, and ecosystem expansion, Sidekick Labs is poised to make a lasting impact on the Web3 landscape, driving innovation and setting new benchmarks for the industry.