Moongate has successfully secured $2.7 million in Seed funding to develop a groundbreaking Modular Web3 Engagement Layer that enhances real-world interactions. This innovative project seeks to leverage the transformative power of blockchain and AI technologies to redefine interactive experiences across various industries.
Leading the charge in this ambitious round of funding was CMCC Global’s Titan Fund, alongside contributions from a host of prominent investment firms, including Token Bay Capital, Penrose Ventures, RNR Capital, and others. Moreover, Moongate’s initiative has garnered substantial ecosystem support from leading blockchain platforms such as Arbitrum, Polygon, Avalanche, and BNB Chain.
“We are thrilled to have the backing of our investors as we continue to build out our modular Web3 engagement layer. This funding will accelerate our product development and further our mission of driving meaningful Web3 adoption across various industries,” said Jonathan Mui, Founder and CEO of Moongate, expressing his excitement for the investor support.
A Platform Transforming Engagement
At the heart of Moongate’s success is its decentralized ticketing and membership platform, which has already attracted over 100,000 active users. This platform transforms physical assets and experiences into secure digital tokens, enabling brands to build authentic relationships with their audience. Moongate’s client roster includes high-profile names such as Wonderfruit music festival, ComplexCon, and Siam Piwat, highlighting the platform’s broad appeal and versatility.
With this fresh infusion of capital, Moongate is set to expand its feature set and explore new industry verticals, further solidifying its position at the forefront of the Web3 revolution.
Fostering Community Through Innovation
Demonstrating the potential of its Web3 engagement layer, Moongate recently launched the #MoonFarmer campaign. This initiative aims to cultivate a vibrant community of users and creators, rewarding them for their participation and creativity on the platform. The campaign is just a precursor to the many innovative features Moongate plans to introduce, including early access to its private beta, ahead of a much-anticipated public launch.