Myco wins Meet the Drapers Season 9: Pakistani Web3 streamer lands ₨420 million deal

Myco

Pakistan’s video platform Myco clinched the top spot on Meet the Drapers Season 9, securing a package worth roughly PKR 420 million (about US $1.5 million).

The prize combines a US $500,000 equity investment from venture capitalist Tim Draper and a US $1 million software as a service contract.

With more than 20 million users and 100 million monthly impressions across the Middle East, South Asia, and North America.

Myco rewards viewers and creators in crypto for time spent on the platform.

Co-founder Aly Fahd said the fresh capital will fund original productions and expand the network of blockchain nodes powering its Web3 delivery model.

Myco win: Boost for Pakistan’s startup ecosystem

Myco is the first Pakistani startup to reach and win the Silicon Valley reality show’s global finale.

A milestone that diaspora investor network PakLaunch calls “proof local founders can compete in frontier tech.”

Judges praised the company’s blend of decentralized infrastructure and revenue sharing, predicting it could challenge mainstream streaming platforms.

Funding comes at a welcome moment for Pakistan’s tech sector, which endured a funding slowdown last year.

Industry analysts say the deal will inspire other founders to pursue international capital and partnerships, especially in Web3 and creator economy niches.

Due diligence is under way, but the headline terms signal strong confidence in Myco’s rapid growth trajectory.

With the new backing, the company plans to accelerate regional roll-outs.

Onboard more independent filmmakers, and refine token incentives to keep both audiences and creators engaged.

For Pakistan’s startup community, Myco’s victory on Meet the Drapers underscores the potential of local innovation to resonate on a global stage.

Hints at bigger bets ahead in the race to define next generation entertainment.

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