Hong Kong, Hong Kong, April 2, 2024, Chainwire
Moongate Broadcasts Shut of $2.7M Seed Spherical to Develop Modular Web3 Engagement Layer for Actual-World Activations. Buoyed by its success in disrupting the ticketing business, the corporate is trying to broaden its attain into different industries to rework interactive experiences utilizing blockchain and AI.
The funding spherical was led by CMCC International’s Titan Fund with participation from Token Bay Capital, Penrose Ventures, RNR Capital, Cogitent Ventures, GBV Capital, PHD Capital and main angel traders from Coingecko, Synthetix and Dolphin Browser. The staff has additionally acquired ecosystem grants and assist from Arbitrum, Polygon, Avalanche and BNB Chain.
“We’re thrilled to have the assist of our traders as we proceed to construct out our modular Web3 engagement layer. This funding will speed up our product growth and assist our mission to drive significant adoption of Web3 throughout industries,” he stated Jonathan Mui, Founder and CEO of Moongateexpressing his enthusiasm for the assist of traders.
Shiau Sin Yen, co-founder and managing accomplice of Titan Fund CMCC International, confirmed the potential of Moongate: “Moongate is on the forefront of deploying Web3 applied sciences in the actual world. Their method to making a modular Web3 engagement layer will unlock vital worth for manufacturers and shoppers. The drive and dedication of the founders, together with their success within the ticketing business, illustrate their potential. We’re excited to assist the staff that’s bringing Web3 to a number of hundred million extra folks.”
Over 100,000 lively customers for the flagship decentralized ticketing and membership platform
Moongate has already made vital progress with its flagship product, a decentralized ticketing and membership platform. By reworking real-world belongings and experiences into immutable digital tokens on the blockchain, it permits manufacturers to create direct, verified channels with their followers, fostering deeper relationships and unlocking alternatives for customized experiences, unique content material and loyalty applications.
The corporate boasts an lively person base of over 100,000 people, with main enterprise prospects efficiently implementing the answer. Notable shoppers embody Wonderfruit, one of many largest music festivals in Southeast Asia, ComplexCon, Complicated’s globally acknowledged cultural convention, and Siam Piwat, a significant conglomerate in Thailand with over $1.5 billion in annual income. Moongate has additionally secured long-term service contracts with main Web3 platforms, together with Binance and Avalanche, in addition to main regional crypto conferences in over 30 international locations. Constructing on its success, Moongate plans to introduce new characteristic units that can disrupt adjoining business segments.
Expertise Web3 engagement by the #MoonFarmer marketing campaign
To exhibit the potential of its Web3 engagement layer, Moongate unveiled #Farmer of the Month marketing campaign. This initiative is designed to incentivize customers and creators by rewarding them with factors for participating in numerous duties on the platform, encouraging creativity, possession and group engagement on the chain.
The corporate is dedicated to offering the instruments and connectivity wanted for the following era Web3 atmosphere. The extremely anticipated early entry to the personal beta is scheduled for this week, main as much as the general public launch. See the linked publish for extra particulars on the marketing campaign.
As Moongate continues to innovate and broaden its choices, the corporate stays dedicated to its mission of driving significant adoption of Web3 throughout industries. With the backing of its traders and the success of its flagship product, Moongate is properly positioned to revolutionize the way in which manufacturers and shoppers work together within the digital age.
For media inquiries, customers can contact:
Jonathan Mui: (e mail protected)
About Moongate
Moongate builds a modular Web3 Engagement Layer for real-world activations, abstracting the complexity of blockchain to file real-world experiences on-chain. This enables customers to create a “phygital” passport to unlock numerous rewards, entry and communities related to their omnichannel profiles. The corporate’s flagship product, a decentralized ticketing platform, has already proven vital traction with an lively person base of over 100,000 people and profitable partnerships with main enterprises comparable to Binance, Avalanche, Wonderfruit, ItsTheShip, Token2049, Siam Piwat and plenty of others. in additional than 30 international locations. Buoyed by its success, Moongate goals to broaden its attain into different sectors and remodel interactive experiences utilizing blockchain and AI applied sciences.
To be taught extra customers, you possibly can go to Moongate’s
About Titan Fund
Titan Fund presents accredited traders publicity to enticing development alternatives inside the blockchain ecosystem by a conventional enterprise capital funding technique centered on seed to Sequence A firms in the important thing funding verticals of Infrastructure, Fintech and Client. The Titan Fund is CMCC International’s newest fund technique and enhances its Digital Asset Funds, which have invested straight in protocols and crypto belongings since 2016, and its SYZCrest Fund of Funds, which invests in crypto quant funds.
To know extra customers, you possibly can go to the official web site of Titan Fund
Contact
Chief Government Officer
Jonathan Mui
Moon Gate
(e mail protected)
