MUNICH Apr 15 2021 (Blockchain Wire)
We are excited to announce that we’ve closed our seed investment round for Mochi.Market, securing the capital requirements needed to launch and carry out our vision of a multi-chain decentralized NFT exchange ecosystem, a “Super App” for everything NFT-related.
We closed the fundraising round from various notable DeFi- and NFT-focused venture capitalists, including Magnus Capital, Raptor Capital, BTX Capital, X21, Moonwhale, CinchBlock, Existential Capital, Blockstar Ventures, Blocksync Ventures and Mercurius Digital Assets.
The partners above are very excited to join the Mochi.Market journey. Matthijs van Driel, founder of Magnus Capital and lead investor of the fundraising round, stated:“I am thrilled to embark on this collaborative journey with the Mochi team as they are developing game-changing technologies. As an avid NFT collector, I totally understand the challenges that Mochi is going to solve. Working with the Mochi team has given me a lot of confidence in the project; the speed at which the Mochi team operates and executes is world-class. Mochi believes in a fair launch, giving every investor (both seed and IDO investors) the exact same investment terms. I can’t stress enough how extraordinary this is. Mochi will be one of the pillars of mass NFT adoption.”
Sophia Ho, co-founder and CEO of MochiLab, also commented on the finalization of the seed round:
“Mochi.Market closed the seed round within 40 days since our team at Mochilab.org kickstarted the project. We have also built a sizable Mochi community of passionate DeFi and NFT creators and users organically within this short period of time. We would not be able to achieve this without our early investors, advisors and community’s tremendous support. As a community-driven project that aims to be a DAO, we welcome all ecosystem partners and community to join us in this exciting journey of building a super-app for NFTs.”Sophia Ho
Excitement is growing around our ecosystem
Although we have just started to come out of stealth mode, the community’s excitement has shown no signs of slowing down.
We find ourselves in the position where we have the opportunity to be very strategic with whom we choose to partner and would like to be involved in the growth of Mochi.Market.
Overall, we raised the necessary funds from various highly connected and skilled investors, supplying industry expertise, connections, advice and insight into accelerating our project’s growth most effectively and efficiently. Undoubtedly, this will help us move forward to capture the value within the NFT exchange markets and ecosystem.
Following the completion of the seed round, we can now concentrate on building out our NFT ecosystem. We are also expanding our team to include further industry experts, propelling us toward a successful launch.
The end of the seed round signifies the finalization of funding from institutions. However, we will still offer everyday users and stakeholders investment opportunities through our IDO and private round sales.
We will be hosting a fair launch of MOMA, our utility token, to get the community involved as much as possible. As a community-driven project, this is one of our focuses. These tokens will be available on Ethereum and Binance Smart Chain to start, with more chains to come.
These events are only a tiny taste of what Mochi.Market will bring to the table. Wait until you get to taste the main meal! We are excited to have you with us on our journey to bring value-enhancing methods and innovations to nonfungible tokens and decentralized finance.