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Moonbox Gains $2.5M Funding for Pioneering AI & Web3 Tech

Moonbox bags $2.5M led by OKX Ventures, set to revolutionize the AI and Web3 sector. The startup eyes a blend of film-inspired NFTs & AI.

Moonbox Secures Funding for AI & Web3 Innovations

Moonbox, an innovative AI and Web3 startup based in Singapore and Hong Kong, recently secured a noteworthy USD 2.5 million in funding. OKX Ventures spearheaded this financial round, which also saw participation from luminaries like LIF, Bing Ventures, Leland Ventures, Hailstone Labs, and Nexara Ventures.

The startup has outlined several key objectives for deploying the fresh capital. Among the primary goals are the acceleration of product deployment, widening their market presence, and boosting team capabilities to enhance customer interactions and scalability. A significant highlight in Moonbox's recent endeavors includes procuring licenses to craft NFTs inspired by famed filmmaker Stephen Chow. They plan to roll out an array of AI-driven NFTs by the end of 2023, a move that underscores their commitment to blending cultural nuances with state-of-the-art technology.

Moonbox envisions leveraging Stephen Chow's extensive fanbase and intertwining it with the power of AI, aiming to offer unparalleled immersive experiences in the NFT domain. Ignious Yong, a prominent figure at Moonbox, shed light on the company's aspirations, emphasizing their mission to navigate the Web3 universe and push the boundaries of AI-driven interactions, especially in the NFT sector.

Looking forward, Moonbox is positioning itself as a global leader in crafting immersive, AI-backed experiences. Their strategy emphasizes fostering a vibrant community in the NFT space, serving artists, collectors, and enthusiasts. The company is gearing up for the debut of its cutting-edge AI interactive platform between late 2023 and mid-2024. Developed with an advanced machine learning framework and an unwavering focus on user experience, Moonbox's upcoming offering holds the potential to redefine industries that harness AI, heralding a new epoch of innovation and user accessibility.