Moonveil secures additional funding, reaching $9 million to advance its Layer 2 gaming ecosystem for web3. Discover the investors and plans driving this innovative project forward.
Moonveil, a Layer 2 gaming ecosystem, has successfully completed its Pre-Series A funding round, bringing its total funding to $9 million. This round included participation from notable blockchain venture capitalists.
The new funding will support Moonveil’s mission to build a robust layer 2 ecosystem for web3 gaming. The round was led by Spartan Group, with contributions from Gumi Cryptos Capital, HashKey Capital, Animoca Ventures, Hivemind, and Mask Network. This follows a previous seed round filled by P2 Ventures.
Moonveil plans to use the capital to develop its infrastructure and enhance community engagement. Additionally, the company will expand its user acquisition strategy, targeting web3 users and onboarding GameFi players.
Developed using the Polygon CDK, Moonveil’s ecosystem is being created by a team with extensive experience in the gaming and blockchain industries. The founders have worked at companies such as Riot Games, Tencent, Netease, Funplus, and CARV, contributing to major titles like League of Legends, Valorant, Minecraft, and EVE Online. The first games from Moonveil, AstrArk and Bushwhack, are set for release soon.
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With the Pre-Series A funding secured, Moonveil aims to establish new industry standards with its ZK-powered Layer 2 chain. The goal is to redefine web3 gaming through fast delivery, community-driven development, and agile iteration, fostering a dynamic ecosystem for game developers and engaged users.
About Moonveil
Moonveil is a cutting-edge gaming ecosystem built on a ZK-based Layer 2 (L2) blockchain. Designed to optimize web3 gaming, it supports both third-party developers and Moonveil’s in-house gaming studio. Moonveil’s L2 delivers exceptional scalability and performance, creating a high-throughput environment where web3 games can thrive.
Learn more: https://moonveil.gg/
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