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Home” Sponsored” Animoca-backed Soulbound raises $4 million for web3 social video gaming
Aug. 21, 2024
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British Virgin Islands –– August 19, 2024 –– Soulbound, a web3 social video gaming environment, has actually raised $4 million to power its objective to empower the brand-new developer economy. By developing a brand-new progressive platform, Soulbound flawlessly weds GameFi and SocialFi into a next-generation digital experience.
Soulbound’ s newest round concluded in Q2 2024, with involvement from leading video gaming and blockchain neighborhoods. To date, its financiers consist of the CEO and Founder of Blocklords, David Johansson, Animoca Brands, iAngels, Big Brain Holdings, Everest Ventures Group, NGC Ventures, PANONY, Delta Blockchain Fund, and more.
The financial investment will advance Soulbound’ s work by developing video gaming collaborations, including social interactions, and broadening banner bounties and social questing. Given that its creation, Soulbound has actually scaled its group by 300% with engineering, company advancement, and community-building resources. The group is presently carrying out a Twitch live-stream combination for Soulbound-partnered video games and continuing to enhance user experience. Soulbound’ s TGE is anticipated to happen in H2 2024, with other applications set to introduce in Q3.
Soulbound is poised to strengthen the video gaming market’ s remarkable development capacity by onboarding the next generation of gamers, banners, and developers into web3 video gaming. Users can make non-transferable DRIP tokens for engaging with Soulbound and partnered video games, showcasing their preferred video gaming achievements connected to their distinct video gaming identity, and bending on their streams.
Gameplay videos, Twitch clips, and neighborhood “ vandalism interactions where users can slap sticker labels straight on others’ posts are likewise redefining social video gaming for Soulbound users. Banners and developers will have access to fresh income channels with streaming bounties and a sticker label market for artists and collectors. Soulbound users have “ slapped posts with over 25,000 sticker labels from 150+ artists to date. The Soulbound platform extends beyond players into the B2B area. Video game studios utilize Soulbound to get and connect with users by introducing banner bounty swimming pools, included missions and targeted promos through data-driven profiles and user-generated material.
Soulbound is presently onboarding 5 brand-new video games weekly to its platform. They have actually hosted streaming activations with Shrapnel, Parallel and Nifty Island, drawing in over 200 gamers in competitive competitions with over 50k+ minutes streamed throughout the Soulbound network.
Gaming is no longer a solo experience,” A.I. Mansbridge, co-founder of Soulbound, stated. “ Game studios, players, and banners wish to reach brand-new audiences. Soulbound is a bridge for conventional players, banners, and video game studios to the extensive blockchain video gaming area.”
Gamers, banners, artists, and designers are tired of the video gaming status quo,” Casey Grooms, co-founder of Soulbound, stated. “ Soulbound is constructing a social platform that shocks the conventional neighborhood interaction design. With assistance from our financiers, we will provide a first-of-its-kind progressive social video gaming experience.”
About Soulbound
Soulbound is a progressive social video gaming platform providing innovative player identities, neighborhood interactions,
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