Binance‘s venture capital arm Binance Labsannounced that it has made a strategic investment in the game-focused metaverse platform MOBOX. Binance Labs Fund manager Bill Chin stated that he was hopeful about the project and made the following comment on the subject:
“MOBOX is a company that organically collaborates with the entire Binance environment and we have high hopes for. We hope to bring innovation to the gaming platform with MOBOX.”
MOBOX will use strategic finance to create a full blockchain-based metaverse that is simple and fun to use for developers and gamers alike. According to reports, MOBOX is expected to be the first metaverse to integrate with Binance Mini Program, Binance Pay and Binance NFT Marketplace.
Check out our new member in the Labs Family 🔥@MOBOX_Official #Binance #BSC #BNB #BinanceLabs https://t.co/JEVwufBs77
— Binance Labs Fund (@BinanceLabs) November 18, 2021
Also, MOBOX blockchain It works with Binance NFT Marketplace to educate, assist and advise video game developers and organizes an incubation fund. The fund will be used to help game developers transfer their games to the blockchain and MOMOverse.
MOBOX co-founder SOON also stated that he was very hopeful and excited about the collaboration and announced their plans.
“We are excited to work closely with the entire Binance ecosystem to bring ‘play-play’ and ‘play-to-win’ gaming mechanisms to the Binance community while taking advantage of this announcement and the speed and low fees of the BSC blockchain. We also want to share what we learned while leading the team through METAfund, and we hope to contribute to supporting promising gaming platforms and training talented developers with Binance NFT.”
Launching in April 2021, MOBOX has reached over 800,000 customers by streaming three NFT games on six islands. More than two hundred million NFTs were traded during the procedure and more than one million unique NFTs were issued on BSC.
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