Moongate Raises $2.7M Seed Round to Develop a Modular Web3 Engagement Layer for Real-World Activations

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

Moongate announces the closing of a $2.7M Seed circular to make a Modular Web3 Engagement Layer for Real-World Activations. Backed by its occurrence successful disrupting the ticketing industry, the institution aims to grow its scope into different sectors to alteration interactive experiences utilizing blockchain and AI. 

The backing circular was led by CMCC Global’s Titan Fund, with information from Token Bay Capital, Penrose Ventures, RNR Capital, Cogitent Ventures, GBV Capital, PHD Capital, and notable angel investors from Coingecko, Synthetix, and Dolphin Browser. The squad besides received ecosystem grants and enactment from Arbitrum, Polygon, Avalanche, and BNB Chain. 

“We are thrilled to person the backing of our investors arsenic we proceed to physique retired our modular Web3 engagement layer. This backing volition accelerate our merchandise improvement and further our ngo of driving meaningful Web3 adoption crossed assorted industries," said Jonathan Mui, Founder and CEO of Moongate, expressing his excitement for the capitalist support.Shiau Sin Yen, Co-founder and Managing Partner of CMCC Global's Titan Fund, affirmed Moongate's potential: "Moongate is astatine the forefront of driving real-world adoption of Web3 technologies. Their attack to creating a modular Web3 engagement furniture volition unlock important worth for brands and consumers. The founders' thrust and commitment, on with their achievements successful the ticketing industry, exemplify their potential. We're excited to enactment the squad arsenic they bring Web3 to the adjacent fewer 100 cardinal people."

Over 100,000 Active Users for Flagship Decentralized Ticketing and Membership Platform

Moongate has already made important strides with its flagship product, a decentralized ticketing and rank platform. By transforming real-world assets and experiences into immutable integer tokens connected the blockchain, it allows brands to found direct, authenticated channels with their fans, fostering deeper relationships and unlocking opportunities for personalized experiences, exclusive content, and loyalty programs.

The institution boasts an progressive idiosyncratic basal exceeding 100,000 individuals, with large endeavor customers successfully implementing the solution. Notable clients see Wonderfruit, 1 of Southeast Asia's largest euphony festivals, ComplexCon, a globally renowned taste league by Complex, and Siam Piwat, a large conglomerate successful Thailand with implicit $1.5 cardinal successful yearly revenue. Moongate has besides secured semipermanent work contracts with starring Web3 platforms, including Binance and Avalanche, arsenic good arsenic with large determination crypto conferences crossed much than 30 countries. Building upon its success, Moongate plans to present caller diagnostic sets to disrupt adjacent manufacture segments. 

Experience Web3 Engagement done the #MoonFarmer Campaign

To showcase the imaginable of its Web3 engagement layer, Moongate has unveiled the #MoonFarmer campaign. This inaugural is designed to incentivize users and creators by rewarding them with points for engaging successful assorted tasks connected the platform, fostering creativity, ownership, and assemblage information on-chain.

The institution is committed to providing the inferior and connectivity required for the adjacent procreation of Web3 experiences. The highly anticipated aboriginal entree to the backstage beta is scheduled to rotation retired this week, starring up to the nationalist launch. Further details astir the run tin beryllium recovered successful the linked post.

As Moongate continues to innovate and grow its offerings, the institution remains dedicated to its ngo of driving meaningful Web3 adoption crossed assorted industries. With the enactment of its investors and the occurrence of its flagship product, Moongate is well-positioned to revolutionize the mode brands and consumers interact successful the integer age.

For media enquiries, users tin contact:

Jonathan Mui: [email protected]

About Moongate 

Moongate is gathering a Modular Web3 Engagement Layer for Real-World Activations, abstracting the complexity of blockchain to grounds real-world experiences on-chain. This allows users to make a 'phygital' passport to unlock assorted rewards, access, and communities tied to their omni-channel profiles. The company's flagship product, a decentralized ticketing platform, has already demonstrated important traction, with an progressive idiosyncratic basal of much than 100,000 individuals and palmy partnerships with large enterprises specified arsenic Binance, Avalanche, Wonderfruit, ItsTheShip, Token2049, Siam Piwat, and galore much crossed 30+ countries. Backed by its success, Moongate aims to grow its scope into different sectors to alteration interactive experiences utilizing blockchain and AI technologies.

To larn much users tin sojourn Moongate's Official Website | Twitter | LinkedIn 

​​About Titan Fund

Titan Fund offers accredited investors vulnerability to charismatic maturation opportunities wrong the blockchain ecosystem done a accepted equity task superior concern strategy focusing connected effect to bid A companies on the cardinal concern verticals of Infrastructure, Fintech and Consumer. The Titan Fund is CMCC Global’s latest money strategy and complements its Digital Asset Funds, which person been investing straight into protocols and crypto assets since 2016, and its SYZCrest money of funds that invests into crypto quant funds.

To larn much users tin sojourn Titan Fund Official Website


Contact

CEO
Jonathan Mui
Moongate
[email protected]

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