OKX Ventures Fuels Moonbox: $1 Million Investment to Ignite AI and Web3 Innovation

Key Points:

• Moonbox, a Hong Kong startup, secures a $1 million investment from OKX Ventures to enhance AI and Web3 technologies.
• The company plans AI-driven NFT launches, blending art and tech by late 2023, including iconic titles like “Journey to the West.”
• OKX Ventures’ investment mirrors its commitment to AI-Web3 integration, strengthening the blockchain ecosystem.

Hong Kong-based startup Moonbox has received a significant boost with a $1 million investment from OKX Ventures, a subsidiary of the leading global crypto exchange and Web3 pioneer, OKX.

The investment aims to propel Moonbox’s growth and further enhance its core technology, which revolves around harnessing the potential of cutting-edge generative AI for Web3 and NFT applications.

Moonbox stands at the intersection of AI and Web3 technology, positioning itself as a prominent player in the evolving landscape.

The startup’s novel approach involves creating applications fueled by advanced generative AI capabilities, catering to the demands of the Web3 and NFT sectors.

This infusion of capital from OKX Ventures will not only expedite Moonbox’s product development but also support its ongoing technological advancements.

One distinguishing aspect of Moonbox is its exclusive license to employ Stephen Chow’s cinematic intellectual property (IP) within the realm of NFTs.

With iconic titles like “Journey to the West: Conquering the Demons,” “Journey to the West: The Demons Strike Back,” and “The Mermaid” under its belt, Moonbox is poised to launch a series of AI-driven NFTs and applications, ushering in an innovative fusion of art and technology by the close of 2023.

OKX Ventures’ investment strategy aligns seamlessly with Moonbox’s vision. Having successfully backed over 300 projects across domains like blockchain infrastructure, Web3, and NFTs, OKX Ventures is dedicated to nurturing cutting-edge technological innovations globally.

This strategic investment in Moonbox underscores OKX’s commitment to fostering the integration of AI and Web3 technologies, reinforcing its position as a driving force in the progression of the blockchain ecosystem.

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