Moongate raises $2.7M in seed spherical to develop modular Web3 engagement layer for real-world activations

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

Moongate introduced the closing of a $2.7 million seed spherical to develop a modular Web3 engagement layer for real-world activation. Constructing on its success in disrupting the ticketing trade, the corporate goals to develop into different areas and remodel 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, Cogient Ventures, GBV Capital, PHD Capital, and notable angel traders from Coingecko, Synthetix, and Dolphin Browser. The group additionally acquired ecosystem grants and assist from Arbitrum, Polygon, Avalanche, and BNB Chain.

“We’re excited to have the assist of our traders as we proceed to construct our modular Web3 engagement layer. This funding will speed up our product growth and drive significant Web3 adoption throughout quite a lot of industries. This can additional our mission to Jonathan Mui, Moongate Founder and CEOexpressed his pleasure for the assist of traders.

Shau ​​Xing Yen, Co-Founder and Managing Companion of CMCC International's Titan Fundaffirms Moongate's potential: Their method to making a modular his Web3 engagement layer unlocks nice worth for manufacturers and customers. The founders' drive and dedication, in addition to their observe file within the ticketing trade, reveals their potential. We're excited to assist the group in bringing his Web3 to tons of of tens of millions of individuals within the coming years. ”

Our flagship decentralized ticketing and membership platform has over 100,000 energetic customers

Moongate has already made vital progress with its flagship product, a decentralized ticketing and membership platform. By changing real-world belongings and experiences into immutable digital tokens on the blockchain, manufacturers can set up a direct, authenticated channel with their followers, foster deeper relationships, and luxuriate in personalised experiences, unique content material, and extra. Loyalty program alternatives might be unlocked.

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The corporate boasts an energetic person base of greater than 100,000, and huge enterprise clients have efficiently applied its options. Notable shoppers embody Wonderfruit, one in every of his largest music festivals in Southeast Asia, ComplexCon, a world-renowned cultural convention by Complicated, and Siam Piwat, a number one Thai conglomerate with annual revenues of over $1.5 billion. there may be. Moongate has additionally secured long-term service agreements 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 a brand new function set that can disrupt adjoining trade segments.

Expertise Web3 engagement with the #MoonFarmer marketing campaign

To exhibit the potential of the Web3 engagement layer, Moongate #moonfarmer movement. The initiative goals to incentivize customers and creators by awarding them factors for partaking in numerous duties on the platform, selling creativity, possession, and on-chain group participation. The aim is

The corporate is dedicated to offering the utility and connectivity wanted for the subsequent technology of Web3 experiences. Early entry to the long-awaited personal beta is about to roll out this week forward of its basic launch. Particulars of the marketing campaign might be discovered within the linked put up.

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As Moongate continues to innovate and develop its providers, it stays devoted to its mission of driving significant Web3 adoption throughout quite a lot of industries. With the assist of our traders and the success of our flagship merchandise, Moongate is well-positioned to revolutionize the best way manufacturers and customers 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 permits customers to create a “bodily” passport to unlock quite a lot of rewards, entry, and communities related to their Omnichannel profile. The corporate's flagship decentralized ticketing platform has already proven vital traction, with an energetic person base of over 100,000 and profitable partnerships with main corporations akin to Binance, Avalanche, Wonderfruit, ItsTheShip, Token2049, and Siam Piwat. I’m. In over 30 international locations. Constructing on its success, Moongate goals to develop its attain into different areas and remodel interactive experiences utilizing blockchain and AI applied sciences.

To be taught extra, go to Moongate's website.

About Titan Fund

Titan Fund gives accredited traders with a sexy alternative inside the blockchain ecosystem by means of a conventional fairness enterprise capital funding technique targeted on seed to Collection A corporations alongside key funding verticals akin to infrastructure, fintech, and shopper. gives publicity to distinctive development alternatives. The Titan Fund is CMCC International's newest fund technique and enhances the SYZCrest Fund of Funds, which invests in digital asset funds and crypto quantitative funds, investing instantly in protocols and crypto belongings since 2016.

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For extra data, please go to the Titan Fund official web site.

contact

CEO
Jonathan Mui
moon gate
(e-mail protected)