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Launchblock.com receives investment from lead investor Animoca Brands

Launchblock.com receives investment from lead investor Animoca Brands

Launchblock.com, the borderless incubator for raising funds & scaling projects across the GameFi, NFT financing, Defi and the entire Cryptocurrency Space, announced today that it has secured funding from Animoca Brands, making them the lead investor in the project.

Animoca Brands is a global leader in gamification and blockchain with a large portfolio of over 150 investments in NFT-related companies and decentralized projects that are contributing to building the open metaverse.

Yat Siu, the executive chairman and co-founder of Animoca Brands, commented:

“Launchblock.com has an experienced team with a successful track record in crypto and we believe it has the potential to disrupt the early investment space with its focus on community-driven, specially selected projects.”

The new funding announced today will be used to grow the Launchblock.com ecosystem, whilst scaling the team and providing the highest level of opportunity to our user base with the projects that are put through Launchblock.com.

Matt LuczHead of DAO at Launchblock.com, commented:

“After having founded multiple successful projects in the cryptocurrency space such as Travala.com and HoDooi.com. Launchblock.com was the next project I wanted to bring to market. Having the backing from Animoca Brands alongside our collaboration and future joined launches, we are anticipating the fundamentals we have in place to drive forward the adoption of cryptocurrency. We see Animoca Brands as a long term partnership that spans more than just an investment, knowing all the success they bring to a range of brilliant projects, we are confident that together we can take Launchblock.com to the next level.”

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Yat Siu, the executive chairman and co-founder of Animoca Brands, commented:

Victor

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