#Moongate #Web3 #Blockchain #SeedFunding #Innovation #DigitalTransformation #Cryptocurrency #TechStartups
In a groundbreaking move signaling a significant stride in the utilization of blockchain technology beyond its conventional realms, Moongate, a visionary tech startup, has successfully secured a commendable $2.7 million in seed funding. This investment is poised to bolster its pioneering initiative: the development of a Modular Web3 Engagement Layer specifically designed for real-world activations. This endeavor not only marks Moongate’s ambitious expansion beyond its initial disruption of the ticketing industry but also solidifies its mission to revolutionize interactive experiences across various sectors through the innovative application of blockchain and AI technologies.
The funding round witnessed enthusiastic participation from a consortium of prestigious investors, led by CMCC Global’s Titan Fund. With contributions from Token Bay Capital, Penrose Ventures, RNR Capital, Cogitent Ventures, GBV Capital, PHD Capital, and an impressive lineup of angel investors from leading entities like Coingecko, Synthetix, and Dolphin Browser, Moongate’s vision garnered widespread support. Additionally, the project has received ecosystem grants and backing from major blockchain networks such as Arbitrum, Polygon, Avalanche, and BNB Chain, reflecting a broad endorsement of its potential to redefine Web3 engagement. Jonathan Mui, Founder and CEO of Moongate, conveyed his excitement towards this remarkable milestone, underscoring the heightened product development and the acceleration of their mission to drive meaningful Web3 adoption.
Moongate’s innovative approach has already demonstrated substantial success with its flagship product — a decentralized ticketing and membership platform that transcends traditional boundaries by converting real-world assets and experiences into immutable digital tokens. This technology empowers brands to forge direct, authenticated connections with their audiences, thereby cultivating enriched relationships and paving the way for personalized experiences, exclusive content, and bespoke loyalty programs. The platform proudly boasts an active user base surpassing 100,000 individuals, showcasing major enterprise customers’ successful adoption, including Wonderfruit, ComplexCon, and Siam Piwat. With these achievements, Moongate is set to disrupt adjacent industry segments by incorporating new feature sets.
In its quest to exemplify the immense potential of its Web3 engagement layer, Moongate has launched the #MoonFarmer campaign. This creative initiative seeks to engage users and creators in a series of on-platform activities, rewarding them with points as an encouragement for their creativity, ownership, and community participation on-chain. Anticipation is building for the early access to the private beta of this campaign, which promises to lead up to an exciting public launch. Moongate remains steadfast in its commitment to delivering the utility and connectivity essential for the fruition of next-gen Web3 experiences, with the backing of its investors and the proven success of its flagship product, positioning the company at the forefront of digital and brand-consumer interaction transformations in the digital age.
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