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Web3 social gaming ecosystem Soulbound completes $4 million in financing, with Animoca Brands and others participating

Web3 social gaming ecosystem Soulbound completes $4 million in financing, with Animoca Brands and others participating

CointimeCointime2024/08/20 04:37
By:Cointime

On August 20th, according to VentureBeat, Web3 social gaming ecosystem Soulbound announced it has completed a $4 million financing round with participation from iAngels, Animoca Brands, Big Brain Holdings, NGC Ventures, Panony, Delta Blockchain Fund, and Blocklords CEO David Johansson. The new funds will be used to establish game partnerships, increase social interaction, and expand streamer rewards and social tasks.

Soulbound transformed from a NFT-based sticker and social content publishing platform called Popdrip and allows players, streamers, and creators to earn non-transferable DRIP tokens through partnerships with the Twitch streaming platform. The TGE is expected to take place in the second half of 2024.

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