Startup to revolutionize streamer, creator, and sport studio economic system for $272 billion gaming market
British Virgin Islands – August 19, 2024 – Soulbound, a web3 social gaming ecosystem, has raised $4 million to energy its mission to empower the brand new creator economic system. By creating a brand new avant-garde platform, Soulbound seamlessly marries GameFi and SocialFi right into a next-generation digital expertise.
Soulbound’s newest spherical concluded in Q2 2024, with participation from main gaming and blockchain communities. To this point, its buyers embrace the CEO and Founding father of Blocklords, David Johansson, Animoca Manufacturers, iAngels, Huge Mind Holdings, Everest Ventures Group, NGC Ventures, PANONY, Delta Blockchain Fund, and extra.
The funding will advance Soulbound’s work by establishing gaming partnerships, including social interactions, and increasing streamer bounties and social questing. Since its inception, Soulbound has scaled its staff by 300% with engineering, enterprise improvement, and community-building sources. The staff is presently implementing a Twitch live-stream integration for Soulbound-partnered video games and persevering with to enhance consumer expertise. Soulbound’s TGE is anticipated to happen in H2 2024, with different functions set to launch in Q3.
Soulbound is poised to strengthen the gaming business’s large progress potential by onboarding the following era of gamers, streamers, and creators into web3 gaming. Customers can earn non-transferable DRIP tokens for participating with Soulbound and partnered video games, showcasing their favourite gaming accomplishments linked to their distinctive gaming id, and flexing on their streams.
Gameplay movies, Twitch clips, and group “vandalism” interactions the place customers can slap stickers instantly on others’ posts are additionally redefining social gaming for Soulbound customers. Streamers and creators can have entry to contemporary income channels with streaming bounties and a sticker market for artists and collectors. Soulbound customers have “slapped” posts with over 25,000 stickers from 150+ artists up to now. The Soulbound platform extends past avid gamers into the B2B area. Recreation studios leverage Soulbound to accumulate and work together with customers by launching streamer bounty swimming pools, featured quests and focused promotions by way of data-driven profiles and user-generated content material.
Soulbound is presently onboarding 5 new video games per week to its platform. They’ve hosted streaming activations with Shrapnel, Parallel and Nifty Island, attracting over 200 gamers in aggressive tournaments with over 50k+ minutes streamed throughout the Soulbound community.
“Gaming is no longer a solo experience,” A.I. Mansbridge, co-founder of Soulbound, stated. “Game studios, gamers, and streamers want to reach new audiences. Soulbound is a bridge for traditional gamers, streamers, and game studios to the expansive blockchain gaming space.”
“Gamers, streamers, artists, and developers are tired of the gaming status quo,” Casey Grooms, co-founder of Soulbound, stated. “Soulbound is building a social platform that shakes up the traditional community interaction model. With support from our investors, we will deliver a first-of-its-kind avant-garde social gaming experience.”
About Soulbound
Soulbound is an avant-garde social gaming platform delivering revolutionary gamer identities, group interactions, and creator incentives. Soulbound was based in 2022 with a mission to degree up the gaming ecosystem and create cutting-edge digital experiences. Backed by prime gaming and web3 VCs, together with Animoca Manufacturers and Huge Mind Holdings, Soulbound is onboarding the following era of avid gamers, streamers, and creators into web3. Forge your gaming legacy at www.soulbound.gg
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