The Blockchain-based Webtoon Platform “TooNFT” Launches On Toomics’ Ecosystem
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Tortola, BVI, 10 Jan 2022, Anyone who has been paying attention to the world of NFTs (non-fungible tokens) will know that people love investing in cartoon-themed initiatives. Whether it be the immensely popular canine-oriented cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB), or perhaps even well-known NFT collections like The Bored Ape Yacht Club (TBAYC), the fact remains that as far as investing is concerned nowadays, toons continue to play an important role.
With that being said, 'TooNFT’, a blockchain-oriented webtoon platform, recently made it known that it has debuted on the ecosystem of South Korea's leading webtoon company, Toomics. To help with the construction of a fully decentralised webtoon platform, the TooNFT team secured a whopping USD 1.75 million via a private financing round.
TooNFT is built upon the Toomics ecosystem, which is one of the most sought after webtoon service platforms with about 50 million active web users in addition to more than 10 million app downloads on both Android and iOS, as well as a robust profit-generating business structure. Essentially, TooNFT may best be understood as a blockchain-oriented platform which strives to revolutionize the comics and webtoon industry through the creation of an intuitive next-generation ecosystem built around NFTs.
HG Ventures had thus led the previously mentioned private round of funding, which was supported by notable institutional investors like Adaptive Labs, Alphabit, GBIC, Prestige Fund and Mindfulness Capital. By adhering to high standards and the overall goal of embracing a decentralized future, the TooNFT platform was launched on top of the
Read more on cryptonews.com
