Gate Ventures Announces Strategic Investment of $8.5 Million in the BugsCoin Ecosystem

This funding aims to accelerate the development of the ANTTALK trading platform and the BugsCoin ($BGSC) token, key components of this growing ecosystem.

Panama – Gate Ventures, a leading venture capital firm focused on Web3 and cryptocurrency, has announced a strategic investment of $8.5 million in the BugsCoin ecosystem. This funding will accelerate the development of the ANTTALK trading platform and the BugsCoin ($BGSC) token.

Through this collaboration, Gate Ventures aims to advance cryptocurrency education and promote global engagement in crypto trading and learning.

INBUMTV, a rising star in the crypto education space, has rapidly gained over 600,000 subscribers on YouTube in less than two years. The platform offers a unique simulated trading experience without any risk, allowing users to learn and practice trading skills through ANTTALK.

Adding to its interactive ecosystem, INBUMTV has also introduced $BGSC, the centrepiece of the BugsCoin ecosystem. Designed to boost user engagement, the token rewards participation in trading competitions and group discussions.

Currently, $BGSC boasts a fully diluted valuation (FDV) of $835 million, with its price at $0.00836 as of 14:00 (UTC+8) on January 20, reflecting strong community support and market potential.

This strategic investment by Gate Ventures will contribute to INBUMTV’s global expansion and technological advancements, enabling growth across both ANTTALK and the BugsCoin ecosystem through the following initiatives:

This collaboration aims to strengthen the accessibility and understanding of cryptocurrency trading, leveraging the BugsCoin ecosystem to equip both new and experienced investors with the knowledge and tools to succeed in the market.

Moreover, both parties will work together to explore and launch additional educational initiatives, supporting the sustainable growth of the cryptocurrency industry.

Through this investment, Gate Ventures showcases its keen interest in the Web3 and cryptocurrency education sector, with a clear mission to collaborate with promising projects like BugsCoin to advance education accessibility and drive innovation in the BugsCoin ecosystem and the broader cryptocurrency market.

About Gate Ventures

Gate Ventures is focused on decentralized infrastructure, middleware, and applications that will build the world in the Web 3.0 age. We work with industry leaders across the globe to help promising teams and startups that have the ideas and capabilities to redefine social and financial interactions.

Website: https://ventures.gate.io/

Twitter: https://x.com/gate_ventures

Medium: https://medium.com/@gate_ventures

About INBUMTV

INBUMTV is a YouTube channel focusing on crypto trading education, which has achieved over 600k subscribers in a year and 8 months. INBUMTV educates users with their mock trading platform, ANTTALK, and incentivizes users with their utility token $BGSC. Users are rewarded with $BGSC for participating in trading competitions and group chat discussions. As of Jan 20th 14:00 UTC+8, $BGSC stands at 0.00836, a FDV of $835m.

Media Contact:

Elaine Wang at elaine.w@gate.io

The content herein does not constitute any offer, solicitation, or recommendation of any products or services. Please note that Gate Ventures may restrict or prohibit the use of all or a portion of its services from restricted jurisdictions. For more information, you should read its applicable user agreement.

This is a paid press release.