NFT application layer Moongate has raised $2.7 million in seed funding to expand its modular Web3 interaction layer built for real-world activation.
The round was led by CMCC Global’s Titan Fund, with participation from Token Bay Capital, Penrose Ventures, RNR Capital, Cogitent Ventures, GBV, PHD Capital and other funds, as well as angel investors such as Coingecko, Synthetix and Dolphin Browser. In addition, the ecosystems of Arbitrum, Polygon, Avalanche and BNB Chain also provide support.
Moongate’s flagship decentralized ticketing and membership platform has attracted over 100,000 active users and has partnered with brands such as Wonderfruit, ComplexCon, SiamPiwat, and Binance. The platform is preparing to launch the V2 upgrade, which will include a points system and plans to issue tokens this year. (Decrypt)