London & San Francisco, July 17, 2024 (GLOBE NEWSWIRE) -- RECRD is founded by tech entrepreneurs Anoir Houmou, CEO & Founder, and Dominic Frazer Imregh, CTO & C0-Founder The DeFi integration is powered by the Sui blockchain, with RECRD enabling social monetization for creators & users through short-form videos and dynamic video reactions based on its patent-pending REBOUND (rebound) tech RECRD has received investment from the Sui Foundation, Mitch Lowe of Netflix, NBA All-star Mitchell Richmond, Alphabit Fund and DNA Fund Prominent advisors include Ted Smith, ex-IPG Group, Seb Reis of checkout.com and Pranav Sharma of Woodstock VC Social monetization and interactive video platform RECRD today announced an investment of $4 million across two funding rounds, from prominent names in crypto and entertainment. The funding follows a successful year operating in beta, with over 2,000 creators and nearly half a million users onboarded. RECRD's post-seed round has been led by the Sui Foundation, with other prominent backers including Mitch Lowe, Co-Founding Executive of Netflix, Mitch Richmond, six-time NBA All-Star, Jeffery Schoonover of Hollywood.com, Alphabit Fund and DNA Fund.  With short-form content taking over the bulk of social media usage (~200 billion Instagram reels were played in 2023), RECRD ...