Web3 messaging and social platform beoble has secured a strategic investment from Animoca Brands, a gaming and metaverse-focused venture capital firm.
The investment aims to support beoble’s mission of becoming a leading global Web3 social platform by leveraging blockchain technology to enhance user interaction, privacy, and security, the company said in a press release shared with Cryptonews.com.
With this partnership, beoble will have the opportunity to offer its advanced Web3 chat features to selected companies and projects within Animoca Brands’ extensive portfolio of Web3 investments.
“We’re excited to have Animoca Brands’ backing, as it is a testament to its support of our vision and capabilities,” Sung Min Cho, CEO of beoble, said.
“This strategic investment empowers us to scale and grow our platform and enables us to drive greater communication and collaboration opportunities for Animoca Brands’ portfolio companies.”
beoble offers secure and decentralized wallet-to-wallet messaging, token-gated chatrooms, and unique earning features.
The funding from Animoca Brands will be utilized to expedite the platform’s development and expand its range of features, enabling beoble to grow its user base worldwide.
Collaboratively, beoble and Animoca Brands will work towards offering beoble’s chat features to relevant companies and projects within Animoca Brands’ portfolio, fostering enhanced community engagement and interactivity across the Web3 ecosystem.
“Our investment in beoble reflects our confidence in the ability of its team and technology to drive advances in how people interact digitally,” Yat Siu, the executive chairman and co-founder of Animoca Brands, commented.
“The integration of beoble’s chat
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