Moongate Secures $2.7M Seed Round: Pioneering Web3 Engagement Evolution

HONG KONG, CHINA – 03/04/2024 – (SeaPRwire) –¬†Moongate, a trailblazing force in the realm of Web3 engagement, has announced the successful closure of a $2.7 million Seed round, marking a significant milestone in its quest to develop a Modular Web3 Engagement Layer for Real-World Activations. Leveraging its disruptive impact on the ticketing industry, the company is poised to extend its influence across various sectors, revolutionizing interactive experiences through the integration of blockchain and AI technologies.

The recent funding round, spearheaded by CMCC Global’s Titan Fund, signifies a resounding vote of confidence in Moongate’s vision and potential. Joining forces with CMCC Global’s Titan Fund are esteemed investors including Token Bay Capital, Penrose Ventures, RNR Capital, Cogitent Ventures, GBV Capital, PHD Capital, and notable angel investors associated with Coingecko, Synthetix, and Dolphin Browser. Furthermore, Moongate has received invaluable ecosystem grants and support from industry-leading platforms such as Arbitrum, Polygon, Avalanche, and BNB Chain.

Jonathan Mui, the visionary Founder and CEO of Moongate, expressed gratitude for the unwavering support of investors, highlighting the pivotal role this funding will play in accelerating the development of their modular Web3 engagement layer. He emphasized Moongate’s steadfast commitment to driving meaningful Web3 adoption across diverse industries, underscoring the transformative potential of their innovative solutions.

Shiau Sin Yen, Co-founder and Managing Partner of CMCC Global’s Titan Fund, echoed Jonathan’s sentiments, affirming Moongate’s position as a trailblazer in driving real-world adoption of Web3 technologies. He commended Moongate’s innovative approach to crafting a modular Web3 engagement layer, recognizing its ability to unlock significant value for brands and consumers alike. With Moongate’s proven track record and unwavering dedication, the future looks bright as they embark on their mission to introduce Web3 to millions worldwide.

With its flagship product, a decentralized ticketing and membership platform, Moongate has already made remarkable strides in the realm of Web3 engagement. By seamlessly transforming real-world assets and experiences into immutable digital tokens on the blockchain, Moongate empowers brands to establish direct, authenticated channels with their audience, fostering deeper connections and unlocking new opportunities for personalized experiences and loyalty programs.

The company boasts an impressive user base exceeding 100,000 individuals, with prominent enterprise clients successfully implementing the solution. Notable partners include Wonderfruit, ComplexCon, and Siam Piwat, among others, spanning various industries and regions. Furthermore, Moongate has forged long-term partnerships with leading Web3 platforms such as Binance and Avalanche, as well as with major regional crypto conferences across more than 30 countries.

In a bold move to showcase the potential of its Web3 engagement layer, Moongate has launched the #MoonFarmer campaign. This initiative aims to incentivize user and creator engagement by rewarding participation on the platform, fostering creativity, ownership, and community interaction on-chain. The company remains committed to providing the utility and connectivity necessary for the next generation of Web3 experiences, with the highly anticipated private beta access set to roll out this week.

As Moongate continues to innovate and expand its offerings, the company remains steadfast in its mission to drive meaningful Web3 adoption across diverse industries. With unwavering support from investors and the success of its flagship product, Moongate is well-positioned to revolutionize the way brands and consumers interact in the digital age.

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About Moongate

Moongate is pioneering the development of a Modular Web3 Engagement Layer for Real-World Activations, abstracting the complexity of blockchain to record real-world experiences on-chain. Their flagship decentralized ticketing platform has garnered significant traction, with an active user base of over 100,000 individuals and successful partnerships with major enterprises worldwide. Backed by their success, Moongate aims to expand its reach into other sectors, transforming interactive experiences using blockchain and AI technologies.

To learn more, visit Moongate’s Official Website | Twitter | LinkedIn

About Titan Fund

Titan Fund offers accredited investors exposure to attractive growth opportunities within the blockchain ecosystem through a traditional equity venture capital investment strategy focusing on seed to series A companies along the key investment verticals of Infrastructure, Fintech and Consumer. The Titan Fund complements CMCC Global’s Digital Asset Funds and SYZCrest fund of funds, further solidifying their commitment to driving innovation within the blockchain industry.


Jonathan Mui

SOURCE: Moongate

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