Home>Bitcoin News>Moongate Raises $2.7M Seed Spherical to Develop a Modular Web3 Engagement Layer for Actual-World Activations
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Moongate Raises $2.7M Seed Spherical to Develop a Modular Web3 Engagement Layer for Actual-World Activations



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

Moongate broadcasts the closing of a $2.7M Seed spherical to develop a Modular Web3 Engagement Layer for Actual-World Activations. Backed by its success in disrupting the ticketing business, the corporate goals to broaden its attain into different sectors to rework interactive experiences utilizing blockchain and AI. 

The funding spherical was led by CMCC World’s Titan Fund, with participation from Token Bay Capital, Penrose Ventures, RNR Capital, Cogitent Ventures, GBV Capital, PHD Capital, and notable angel traders from Coingecko, Synthetix, and Dolphin Browser. The staff additionally acquired ecosystem grants and assist from Arbitrum, Polygon, Avalanche, and BNB Chain. 

“We’re thrilled to have the backing of our traders as we proceed to construct out our modular Web3 engagement layer. This funding will speed up our product growth and additional our mission of driving significant Web3 adoption throughout varied industries,” mentioned Jonathan Mui, Founder and CEO of Moongate, expressing his pleasure for the investor assist.

Shiau Sin Yen, Co-founder and Managing Companion of CMCC World’s Titan Fund, affirmed Moongate’s potential: “Moongate is on the forefront of driving real-world adoption of Web3 applied sciences. Their strategy to making a modular Web3 engagement layer will unlock important worth for manufacturers and shoppers. The founders’ drive and dedication, together with their achievements within the ticketing business, illustrate their potential. We’re excited to assist the staff as they carry Web3 to the subsequent few hundred million folks.”

Over 100,000 Lively Customers for Flagship Decentralized Ticketing and Membership Platform

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

The corporate boasts an lively consumer base exceeding 100,000 people, with main enterprise clients efficiently implementing the answer. Notable shoppers embody Wonderfruit, one in every of Southeast Asia’s largest music festivals, ComplexCon, a globally famend cultural convention by Advanced, and Siam Piwat, a serious conglomerate in Thailand with over $1.5 billion in annual income. Moongate has additionally secured long-term service contracts with main Web3 platforms, together with Binance and Avalanche, in addition to with main regional crypto conferences throughout greater than 30 nations. Constructing upon its success, Moongate plans to introduce new function units to disrupt adjoining business segments. 

Expertise Web3 Engagement by way of the #MoonFarmer Marketing campaign

To showcase the potential of its Web3 engagement layer, Moongate has unveiled the #MoonFarmer marketing campaign. This initiative is designed to incentivize customers and creators by rewarding them with factors for partaking in varied duties on the platform, fostering creativity, possession, and neighborhood participation on-chain.

The corporate is dedicated to offering the utility and connectivity required for the subsequent era of Web3 experiences. The extremely anticipated early entry to the personal beta is scheduled to roll out this week, main as much as the general public launch. Additional particulars in regards to the marketing campaign could be discovered within the linked post.

As Moongate continues to innovate and broaden its choices, the corporate stays devoted to its mission of driving significant Web3 adoption throughout varied industries. With the assist 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 can contact:

Jonathan Mui: [email protected]

About Moongate 

Moongate is constructing a Modular Web3 Engagement Layer for Actual-World Activations, abstracting the complexity of blockchain to file real-world experiences on-chain. This permits customers to create a ‘phygital’ passport to unlock varied rewards, entry, and communities tied to their omni-channel profiles. The corporate’s flagship product, a decentralized ticketing platform, has already demonstrated important traction, with an lively consumer base of greater than 100,000 people and profitable partnerships with main enterprises reminiscent of Binance, Avalanche, Wonderfruit, ItsTheShip, Token2049, Siam Piwat, and lots of extra throughout 30+ nations. Backed by its success, Moongate goals to broaden its attain into different sectors to rework interactive experiences utilizing blockchain and AI applied sciences.

To be taught extra customers can go to Moongate’s Official Website | Twitter | LinkedIn 

​​About Titan Fund

Titan Fund affords accredited traders publicity to engaging development alternatives throughout the blockchain ecosystem by way of a conventional fairness enterprise capital funding technique specializing in seed to collection A firms alongside the important thing funding verticals of Infrastructure, Fintech and Client. The Titan Fund is CMCC World’s newest fund technique and enhances its Digital Asset Funds, which have been investing straight into protocols and crypto belongings since 2016, and its SYZCrest fund of funds that invests into crypto quant funds.

To be taught extra customers can go to Titan Fund Official Website


Jonathan Mui
[email protected]


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