October 03, 2024
RoOLZ, an animation IP content platform within the TON ecosystem, recently secured $1 million in a private funding round. This investment was led by TON, Contango Digital Assets, and Yolo Investments. The funds will be used to expand RoOLZ’s presence within the Telegram/TON ecosystem, integrating blockchain technology with animation to allow users to engage with mobile animation content, participate in tasks using GODL tokens, and collect NFTs.
Project | Latest Raise | Latest Raise Date | Stage | Category |
|---|---|---|---|---|
RoOLZ | $1M | October 02, 2024 | Private Round | Gaming, NFT |
Additionally, RoOLZ has received investment from Animoca Brands. With this support, RoOLZ aims to accelerate its growth towards reaching 20 million users. The company is focused on developing sustainable business models around short-form mobile content and apps through its entertainment studio.
About RoOLZ
RoOLZ is a community-driven entertainment studio that combines Web2 and Web3 technologies to create engaging content. With over 8 million app users, RoOLZ produces anime series and games, leveraging platforms like Telegram and TON (The Open Network). RoOLZ aims to decentralize the entertainment industry, allowing fans to contribute and share in the success of their projects through NFTs and other Web3 incentives.
Website: https://roolz.ai/
About Investor
Animoca Brands, TON, Contango Digital Assets, and Yolo Investments
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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