Wavlake

It is reported that the Web3 music streaming media platform Wavlake has announced that it has completed the seed round financing, and Trammell Venture Partners has led the investment, but the specific amount has not been disclosed yet. Wavlake was co-founded by musician and producer Michael Rhee and Sam Means. Through the use of blockchain and Web3 tools, Wavlake helps artists use the lightning network to accept Bitcoin payments, and then provides a new music streaming service. However, the company said that it will not issue any special tokens at…