Hong Kong, Hong Kong, April 2nd, 2024, Chainwire

The funded startup Moongate has finalized a $2.7M Seed round aimed at developing a Modular Web3 Engagement Layer for Real-World Activations, shifting from disrupting the ticketing industry to transforming various sectors with blockchain and AI technology. The round received backing primarily from CMCC Global's Titan Fund and several other venture capital firms and angel investors. Ecosystem grants and support from Arbitrum, Polygon, Avalanche, and BNB Chain were also secured.

Founders expressed gratitude for the investor support and emphasized the importance of accelerating product development for driving Web3 adoption. CMCC Global's Titan Fund shared their belief in Moongate's potential to revolutionize Web3 adoption with their innovative engagement layer.

The Flagship Decentralized Ticketing and Membership Platform by Moongate has garnered over 100,000 active users, demonstrating success with enterprise customers while securing partnerships with major events and industry leaders like Binance and Avalanche. The company also plans to expand its offerings to disrupt more industry segments.

In an effort to highlight their Web3 engagement layer, Moongate launched the #MoonFarmer Campaign, setting the stage for early access to the private beta with points incentives for engaging users and creators.

Aligned with driving Web3 adoption, Moongate positions itself to transform consumer-brand interactions in the digital era, leveraging investor support and product success.

For media inquiries, contact [email protected].

About Moongate
Moongate is dedicated to creating a Modular Web3 Engagement Layer for Real-World Activations to enhance user experiences with blockchain and AI technologies. Their decentralized ticketing platform has established a presence with over 100,000 active users and partnerships with numerous enterprises globally.

About Titan Fund
Titan Fund provides accredited investors with growth opportunities in the blockchain ecosystem through a traditional equity venture capital strategy, focusing on seed to series A companies across Infrastructure, Fintech, and Consumer verticals.

Contact:
Jonathan Mui
Moongate
[email protected]