Mugafi, an AI-driven platform for entertainment intellectual property (IP), has partnered with Avalanche to tokenize films, anime, music, and other media assets. This collaboration aims to enable creators to finance and distribute projects directly onchain, leveraging Mugafi's catalog and upcoming films. The partnership plans to finance over $10 million in entertainment IP, with a long-term goal of exceeding $1 billion in annual IP financing throughput. Avalanche's network will support large-scale real-world asset issuance, using its infrastructure to fund, track, and distribute entertainment projects onchain. Mugafi, launched in 2020 in India, is backed by investors including Nexus VP, HashedEM, Netflix, and Amazon. The partnership is expected to create over 1,500 opportunities for creators and studios across regions such as India, North America, Japan, and Korea.
Mugafi and Avalanche Partner to Tokenize Entertainment IP
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