Soulbound completes $4 million in funding, with participation from Animoca Brands and others.
Powered by ChatGPTDeep Tide TechFlow News, Web3 social game ecosystem Soulbound announced the completion of a $4 million financing round, with participation from Blocklords CEO David Johansson, iAngels, Animoca Brands, Big Brain Holdings, NGC Ventures, Panony, and Delta Blockchain Fund.
According to Soulbound co-founder Casey Grooms, this round of financing was completed in the second quarter of 2024. The funds will be used to establish game partnerships, increase social interaction features, and expand streamer rewards and social task systems.
Since its inception, Soulbound has tripled its team size, bringing in experts in engineering, business development, and community building. The company is currently implementing Twitch live integration and plans to conduct a Token Generation Event (TGE) in the second half of 2024.
The Soulbound platform combines features of Twitch and Steam, allowing users to earn non-transferable DRIP tokens by participating in platform activities and cooperative games, showcasing game achievements, and interacting with the community.