Moongate Scores $2.7M to Ignite Web3 Engagement Innovation

Moongate has secured $2.7M in seed funding to develop a Modular Web3 Engagement Layer for Real-World Activations. Led by CMCC Global’s Titan Fund, the round includes participation from Token Bay Capital, Penrose Ventures, RNR Capital, Cogitent Ventures, GBV Capital, PHD Capital, and notable angel investors. With over 100,000 active users on its flagship decentralized ticketing platform, Moongate plans to expand its reach into other sectors, leveraging blockchain and AI to transform interactive experiences. The #MoonFarmer campaign showcases the potential of the engagement layer, incentivizing user engagement and fostering community participation.

Moongate Secures $2.7M Seed Funding to Revolutionize Web3 Engagement for Real-World Experiences

Hong Kong, April 2nd, 2024 - Moongate, a pioneering Web3 engagement platform, has successfully raised $2.7 million in seed funding to continue its mission of transforming how brands and consumers interact. The investment round was led by CMCC Global's Titan Fund, with notable participation from Token Bay Capital, Penrose Ventures, RNR Capital, Cogitent Ventures, GBV Capital, PHD Capital, and industry veterans from Coingecko, Synthetix, and Dolphin Browser.

Driving Web3 Adoption Through Modular Engagement Layer

Moongate has established itself as a leading innovator in the Web3 space, developing a cutting-edge modular Web3 engagement layer that abstracts the complexities of blockchain for real-world experiences. This layer enables the creation of "phygital" passports that empower users to access rewards, experiences, and communities connected to their omni-channel profiles.

Moongate's flagship product, a decentralized ticketing and membership platform, has witnessed remarkable success, boasting an active user base exceeding 100,000 individuals. Renowned companies, including Wonderfruit, ComplexCon, and Siam Piwat, have embraced Moongate's innovative solution to enhance fan engagement and unlock new revenue streams.

Empowering Creators and Consumers with #MoonFarmer Campaign

To showcase the capabilities of its Web3 engagement layer, Moongate has launched the #MoonFarmer campaign. This initiative aims to incentivize users and content creators by rewarding them with points for engaging in various platform tasks, fostering creativity, ownership, and community participation. The company is set to roll out an early access private beta this week, culminating in a highly anticipated public launch.

Expansion into New Industry Segments

Building upon its strong foundation, Moongate plans to leverage its success to disrupt adjacent industry segments. The company envisions expanding the application of its Web3 engagement layer to transform interactive experiences across multiple domains.

Industry Recognition and Support

Moongate's potential has resonated with industry leaders, securing ecosystem grants and support from Arbitrum, Polygon, Avalanche, and BNB Chain. These strategic partnerships will provide Moongate with access to valuable resources and expertise as it continues to innovate and grow.

Quote From Jonathan Mui, Founder and CEO of Moongate

"We are thrilled to have the support of our esteemed investors as we forge ahead in our mission to drive meaningful Web3 adoption across industries. This funding will accelerate our product development and empower us to reach the next few hundred million people with the transformative power of Web3."

About Titan Fund

Titan Fund is a venture capital investment strategy from CMCC Global that offers investors access to promising growth opportunities within the blockchain ecosystem. The fund focuses on seed to Series A companies in the key investment verticals of infrastructure, fintech, and consumer. Titan Fund complements CMCC Global's Digital Asset Funds and SYZCrest fund of funds, providing a comprehensive investment offering for accredited investors seeking exposure to blockchain and crypto assets.

About Moongate

Moongate is a pioneer in building a Modular Web3 Engagement Layer for Real-World Activations. The company's decentralized ticketing platform has gained significant traction, serving major enterprise clients and establishing Moongate as a leader in the Web3 space. With a dedicated team and a strategic vision, Moongate is poised to revolutionize how brands and consumers engage in the digital age.

Media Contact

Jonathan Mui, Founder and CEO of Moongate

Email: [email protected]

Disclaimer

This article is provided for informational purposes only and does not constitute financial advice. Please conduct thorough research before making any investment decisions. Cryptocurrency investments are subject to significant risk and volatility.