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Stepn x Adidas Genesis Sneakers: A New Era in Fitness

The Stepn x Adidas Genesis Sneakers Collection: A Revolutionary Partnership The fusion of the digital and physical worlds is more than a trend; it is a burgeoning reality. The recent collaboration between Stepn and Adidas exemplifies this transformative shift. With the launch of the Genesis Sneakers collection, both companies are poised to redefine the boundaries of fitness, fashion, and technology in lifestyle rewards. This partnership is not only groundbreaking but also sets the stage for future innovations in the ever-evolving landscape of fitness applications and digital assets. A New Era of Phygital Experiences Stepn, a pioneering move-to-earn FitTech app, has taken a bold leap by teaming up with a global powerhouse like Adidas. This collaboration signifies a pivotal moment in the fitness and lifestyle sector, as highlighted by Stepn CEO Shiti Manghani: Phygital Partnership : The merging of physical and digital assets marks a new direction for lifestyle rewards. Enhanced...

Moongate Raises $27M for Web3 Engagement Layer

Moongate Secures $27M Seed Round to Transform Interactive Experiences

In a significant leap for the Web3 landscape, Moongate has announced the successful closure of a $27 million seed funding round. This strategic financial backing aims to develop a Modular Web3 Engagement Layer designed for real-world activations. Following its remarkable success in the ticketing industry, Moongate is poised to broaden its horizons into various sectors, fundamentally transforming interactive experiences through the power of blockchain and artificial intelligence.

Key Investors and Support

The funding round was spearheaded by CMCC Global's Titan Fund, with notable participation from:

  • Token Bay Capital
  • Penrose Ventures
  • RNR Capital
  • Cogitent Ventures
  • GBV Capital
  • PHD Capital

In addition, the initiative garnered support from prominent angel investors affiliated with Coingecko, Synthetix, and Dolphin Browser. Moongate also received ecosystem grants from key blockchain players such as Arbitrum, Polygon, Avalanche, and BNB Chain, reinforcing its robust foundation in the industry.

Proven Success in the Ticketing Space

Moongate’s flagship product, a decentralized ticketing and membership platform, has already demonstrated substantial traction, boasting an active user base exceeding 100,000 individuals. The platform revolutionizes how brands connect with their audiences by transforming real-world assets into immutable digital tokens on the blockchain. This innovation enables brands to forge authenticated channels with fans, thereby fostering deeper relationships and unlocking opportunities for:

  • Personalized experiences
  • Exclusive content
  • Loyalty programs

The company has successfully partnered with major enterprise clients, including:

  • Wonderfruit: One of Southeast Asia's largest music festivals
  • ComplexCon: A globally recognized cultural conference
  • Siam Piwat: A major conglomerate in Thailand with over $1.5 billion in annual revenue

Moongate has also secured long-term service contracts with leading Web3 platforms, including Binance and Avalanche, and has established relationships with major regional crypto conferences spanning over 30 countries.

The MoonFarmer Campaign: Engaging Users Creatively

To showcase the capabilities of its Web3 engagement layer, Moongate has launched the MoonFarmer campaign. This initiative aims to incentivize users and creators by rewarding them with points for engaging in various platform tasks. This approach not only fosters creativity and ownership but also encourages community participation within the blockchain ecosystem.

The highly anticipated early access to the private beta is set to roll out this week, leading up to a public launch. Further details regarding the campaign are readily available through associated channels.

Driving Meaningful Web3 Adoption

As Moongate continues its innovative trajectory, the company remains steadfast in its mission to drive meaningful Web3 adoption across diverse industries. With the unwavering support of its investors and the success of its flagship product, Moongate is well-positioned to revolutionize the interaction between brands and consumers in the ever-evolving digital age.

Through the development of its Modular Web3 Engagement Layer, Moongate is not only abstracting the complexities of blockchain but also enabling users to create a "phygital" passport. This passport unlocks a multitude of rewards, access points, and communities tied to their omni-channel profiles. The future looks bright as Moongate aims to expand its reach and disrupt adjacent industry segments with innovative blockchain and AI technologies.

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