DWF Labs, a global crypto market maker and venture capital firm, is expanding its influence in the Web3 gaming sector with a strategic investment in MOBOX. As a leading force in Web3 gaming, MOBOX is known for its interoperable assets and thriving ecosystem of immersive games developed both in-house and through strategic partnerships.
Pleased to announce our investment partnership with @MOBOX_Official, a leading force of Web3 gaming with interoperable assets within its thriving ecosystem of games. pic.twitter.com/gkFlT3udQC
— DWF Labs (@DWFLabs) December 19, 2023
Since its listing through Binance Launchpool in 2021, MOBOX has been at the forefront of pioneering community-driven GameFi. The platform has successfully cultivated a vibrant community of over 3 million users.
In December 2023, MOBOX marked a significant milestone with the alpha launch of DragonVerse Neo, a co-created, co-governed open digital world that empowers its community to generate content and shape the platform’s future. This launch represents MOBOX’s transformative shift toward community-driven game production.
Venture funding from DWF Labs is set to further accelerate MOBOX’s growth by enhancing crypto liquidity across various exchanges, strengthening portfolio synergies, and expanding regional key partnerships. The collaboration will also extend to joint marketing initiatives and offline events aimed at bolstering MOBOX’s presence on the crypto market.
Andrei Grachev, Managing Partner at DWF Labs, commented on the new partnership:
“Our investment in MOBOX reflects our belief in the potential of a gaming platform driven by user-generated content. MOBOX’s commitment to merging UGC gaming with blockchain technology empowers creators and players alike and aligns with our vision of decentralized gaming.”
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