Key Takeaways
- BingX, through its investing arm Bing Ventures, invests in AI & Web3 startup, Moonbox.
- Moonbox plans to launch AI-driven NFTs inspired by Stephen Chow’s films by 2023.
- BingX, a top crypto exchange, supports over 5 million users across 100+ regions.
In the rapidly developing world of cryptocurrency and web3, innovations and partnerships are common. BingX, a cryptocurrency exchange that has been leading at the forefront, has announced its investment in Moonbox. The investment will be through Big Ventures, which is acting as their investing arm. As for Moonbox, well, that’s a pioneering AI and Web3 startup.
About the Investment
Now that we know what’s happening, let’s dig deeper into what Moonbox really is. Well, Moonbox is a startup that holds a unique approach when it comes to reshaping the digital landscape. By the end of 2023, Moonbox aims to launch a series of AI-powered NFTs and applications inspired by the most popular classic films of Stephen Chow.
The startup holds the license to do so. The pioneering thought behind this notion is that when the AI interaction layer is integrated like that, NFTs will certainly become more engaging, entertaining, and satisfying for users. As a result, it is expected that users will find it more enjoyable to have NFTs in films and short videos. As the plan to launch its AI-powered interaction platform materializes, Moonbox essentially inspires to become one of the first premier companies to develop such an immersive experience. Moonbox’s growth is primarily directed toward Web3 and NFT ecosystem.
Bing Ventures & BingX
Found in 2021, Bing Ventures serves as a beacon of innovation for the venture capital landscape. It focuses on supporting early-stage startups and entrepreneurs interested in Web3 and blockchain. Bing Ventures also holds an astounding portfolio comprising of DeFi, NFTs, GameFi, DAOs, and more.
Elvisoc Carrington, PR and Communications Director of BingX commented, “Moonbox’s fusion of AI and Web3 showcases a visionary convergence that leads us toward a future of limitless possibilities. As Bing Ventures aligns with this innovative force, we are excited to champion Moonbox’s journey, a journey that will undoubtedly catalyze the evolution of technology and its impact on society,”
BingX, on the other hand, is a leading crypto exchange that offers spot and derivatives services to more than 100 countries and regions worldwide with more than 5 million users.
All in all, these companies are set to modify the world of crypto and web3 technology. Let’s see how it unfolds in the future.
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