April 24, 2024
Moso, a shop-to-earn platform integrating online shopping with cryptocurrency rewards, has successfully completed its $2 million seed funding round. This round was led by Symbolic Capital, with additional investments from Dao5, Coinlist, and Polygon Ventures.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Moso | Apr 24, 2024 | $2M | Seed | $2M | Symbolic Capital | X2E |
Moso's shop-to-earn model allows users to earn cryptocurrency rewards for their online purchases. The platform has established extensive partnerships with over 2,000 leading merchants, including Walmart, eBay, and Shopee. By simplifying engagement with decentralized technologies through familiar shopping experiences, Moso enhances the user experience.
Looking ahead, Moso plans to further develop its platform by enhancing the user experience and expanding its shop-to-earn model. The company aims to integrate more web3 decentralized applications (dApps) and drive user engagement through innovative reward mechanisms.
Blake Capozza, Co-Founder and CEO of Moso, stated, "This seed funding round marks a significant milestone for Moso and the web3 ecosystem." Sandeep Nailwal, Founder of Polygon, remarked, "Moso's efforts are creating new opportunities for consumers to engage with digital currencies, boosting their mainstream adoption."
Moso is redefining the e-commerce landscape by merging it with the cryptocurrency ecosystem. The platform's innovative approach is set to drive significant advancements in both online shopping and digital currency adoption.
About Moso
Moso is a shop-to-earn platform that seamlessly integrates e-commerce and cryptocurrency, allowing users to earn crypto rewards on their purchases. With partnerships spanning over 2,000 merchants, Moso enhances the online shopping experience and fosters the adoption of digital currencies.
Website: https://moso.xyz/
X Account: @MosoHQ
X Followers today: 92.4K
About Investor
Investor: Symbolic Capital
Description: Symbolic Capital is a venture capital firm supporting innovative projects in the blockchain and cryptocurrency sectors.
Location: United States
Website: www.symbolicvc.com
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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