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Moongate raises $2.7M seed spherical to develop modular Web3 engagement layer for real-world engagements – CoinJournal

Hong Kong, Hong Kong, April 2, 2024, Chainwire

Moongate proclaims the closing of a $2.7M seed spherical to develop a modular Web3 engagement layer for real-world activations. Constructing on its success in disrupting the ticketing business, the corporate goals to develop its attain into different sectors utilizing blockchain and AI to remodel interactive experiences.

The funding spherical was led by CMCC International’s Titan Fund, with participation from Token Bay Capital, Penrose Ventures, RNR Capital, Cogitant Ventures, GBV Capital, PHD Capital and notable angel traders Coingeco, Synthetix and Dolphin Browser. The workforce additionally obtained ecosystem grants and assist from Arbitrum, Polygon, Avalanche, and the 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 improvement and advance our mission to drive significant Web3 adoption throughout industries,” stated Jonathan Mui, Founder and CEO of MoongateExpressing his enthusiasm for investor assist.

Shiu Hsin Yen, Co-Founder and Managing Companion of CMCC International’s Titan Fund, confirmed the potential of Moongate: “Moongate is on the forefront of driving real-world adoption of Web3 applied sciences. Their strategy of constructing a modular Web3 engagement layer will unlock important worth for manufacturers and shoppers. The drive and dedication of the founders together with their achievements within the ticketing business displays their potential. We’re excited to assist the workforce as they convey Web3 to the subsequent few hundred million individuals.”

Over 100,000 lively customers for the flagship decentralized ticketing and membership platform

Moongate has already made important progress with its flagship product, a decentralized ticketing and membership platform. By changing real-world belongings and experiences into non-fungible digital tokens on the blockchain, it allows manufacturers to determine direct, authenticated channels with their followers, fostering deeper relationships and unlocking alternatives for customized experiences, unique content material and loyalty applications. permits for.

The corporate has an lively consumer base of over 100,000 people, with main enterprise clients efficiently implementing the answer. Notable shoppers embody Wonderfruit, one of many largest music festivals in Southeast Asia, ComplexCon, the globally famend cultural conference by Advanced, and Siam Piwat, a number one conglomerate in Thailand with annual revenues exceeding $1.5 billion. 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 function units to disrupt adjoining business sectors.

Expertise Web3 engagement via the #MoonFarmer marketing campaign

To exhibit the potential of its Web3 engagement layer, Moongate has unveiled #moonfarmer Marketing campaign. The initiative is designed to incentivize customers and creators to have interaction in numerous duties on the platform, selling creativity, possession and neighborhood participation on the chain by rewarding them with factors.

The corporate is dedicated to offering the usability and connectivity wanted for subsequent technology Web3 experiences. The extremely anticipated early entry to the non-public beta is ready to start this week, main as much as the general public launch. Extra details about the marketing campaign could be discovered within the linked put up.

As Moongate continues to innovate and develop its choices, the corporate stays devoted to its mission to drive significant Web3 adoption throughout a wide range of industries. With the backing of its traders and the success of its flagship product, Moongate is well-positioned to revolutionize the best way manufacturers and shoppers work together within the digital age.

For media enquiries, customers might contact:

Jonathan Mui: (electronic mail protected)

About Moongate

Moongate is constructing a modular Web3 engagement layer for real-world actions, abstracting away the complexity of the blockchain to report real-world experiences on-chain. It permits customers to create a ‘phygital’ passport to unlock numerous rewards, entry and communities linked to their omni-channel profile. The corporate’s flagship product, a decentralized ticketing platform, has already demonstrated important traction with an lively consumer base of over 100,000 people and profitable partnerships with main enterprises equivalent to Binance, Avalanche, Wonderfruit, ItsTheShip, Token2049, Siam Pivot and lots of extra Is. In 30+ international locations. Backed by its success, Moongate goals to develop its attain into different sectors to remodel interactive experiences utilizing blockchain and AI applied sciences.

To know extra customers can go to Moongate

About Titan Fund

Titan Fund presents accredited traders publicity to engaging progress alternatives inside the blockchain ecosystem via a conventional fairness enterprise capital funding technique specializing in seed to sequence corporations with key funding verticals of infrastructure, fintech and shopper. . The Titan Fund is CMCC International’s newest fund technique and enhances its Digital Asset Fund, which has been investing instantly in protocols and crypto belongings since 2016, and its SYZCrest Fund of Funds which invests in crypto quant funds.

To know extra customers can go to the official web site of Titan Fund

Contact

ceo
jonathan mui
Moongate
(electronic mail protected)

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