Hong Kong, Thursday, April 18, 2024 – Moongate, the blockchain-based technology company, ended their $2.7 million seed round on April 2, 2024, as reported on X. 1
The seeding round was conducted to create the Modular Web3 Engagement Layer for Real-World Activations.
The funding round was led by CMCC Global’s Titan Fund in collaboration with several venture capital firms like Token Bay Capital, Penrose Ventures, RNR Capital, Cogitent Ventures, GBV Capital, PHD Capital, and notable angel investors from Coingecko, Synthetix, and Dolphin Browser, according to the source.
It is aimed at uplifting product development and Web3 adoption in other industries.
The ignition of the decentralized Ticketing and Membership platform could also be noticeable as it offered the direct establishment of brands, verified channels with a fan base, and loyalty programs.
The user base of over 100,000 clients has engaged with Moongate, while remarkable enterprise clients like Wonderfruit, ComplexCon, and Sian Piwat have also correlated with it. 2
Moongate has been exposed for long-term contracts with the Web3 platforms of Binance and Avalanche, as well as with major regional crypto conferences spread over 30 countries, remarking on the potential of Moongate in the blockchain industry.
Moongate, is also planning to tap into a new feature, according to the source.2
The #MoonFarmer campaign is another initiative powered by Moongate on the Web3 engagement layer, rewarding both users and creators with points. The points are allocated to offer for the performance of diversified tasks elaborating ownership, creative skills, and participation within the chain, the source mentioned. 3
Early access to the private beta will be revealed in the first week of April, while the public launch will open soon, according to the source.
The company is targeting and promoting the utility and connectivity essential to the Web3 platform for the upcoming world market.
- Moongate: https://twitter.com/Moongate/status/1774985923614343660 [↩]
- Moongate: https://decrypt.co/224389/moongate-raises-2-7m-seed-round-to-develop-a-modular-web3-engagement-layer-for-real-world-activations[↩][↩]
- Modular Web3: https://decrypt.co/224389/moongate-raises-2-7m-seed-round-to-develop-a-modular-web3-engagement-layer-for-real-world-activations[↩]
