MiniTon, a competitive gaming platform, completes seed round financing, with Waterdrip Capital and other institutions participating

Social competitive platform MiniTon announced the completion of its seed round of financing. This round of financing was participated by Waterdrip Capital, Alchemy Pay, CGV, Web3Port Foundation, PangDAO Head Ricky, OGBC Innovation Hub Founder Jayden Wei and other parties. MiniTon is a project initiated with the support of TON Foundation. MiniTon will use this financing to complete the development of the Alpha version of the product and the testing of core values. At present, MiniTon has successfully completed 360,000 competitive game tests, of which 30,000 are on-chain events. By charging commissions to participating players, the unit user revenue model has achieved profitability. MiniTon provides developers with an on-chain profit solution of "Tournaments as a Service (TaaS)" to help casual games build their commercialization capabilities after entering Web3. At the same time, MiniTon reconstructs the supply relationship of liquidity in the game to solve the problem of the sustainability of GameFi's business model, and allows investors to establish connections with players by predicting event results based on the BondingCurve price curve.