Odaily Planet Daily reported that KINO Studios, an entertainment technology company headquartered in Los Angeles, announced the completion of more than US$2 million in financing. Participants in this round of financing include Sequoia Capital’s Scout Program, Slow Ventures, Metaweb Ventures, Genius Ventures, Near Protocol, and Blockchain Founders Fund as well as several film and television angel investors, field experts and family offices. KINO Studios introduces a community-based economic model to the entertainment industry, and also develops community tools to help Hollywood artists tap into the fan economy.