One of the world’s leading crypto exchanges BingXstrategic investment firm Bing Ventures announced that it has invested in Moonbox, a pioneering artificial intelligence (AI) and Web3 initiative.
Moonbox has a unique approach to reshaping the digital environment. Licensed to use the intellectual property of Stephen Chow’s most popular classic films, Moonbox is set to launch a prolific array of AI-powered NFTs and apps inspired by art and film by the end of 2023. He believes that with the addition of the AI interaction layer, NFTs will be more engaging, entertaining and satisfying for users, and ultimately NFTs will be used in more types of content creation such as movies and short videos. Planning to implement an artificial intelligence-supported interaction platform, Moonbox aims to become one of the world’s leading companies in developing immersive experiences for individuals.
This investment will further accelerate Moonbox’s product growth and develop its core technology that leverages the latest in productive AI to fuel applications for the burgeoning Web3 and NFT ecosystem.
Established in 2021 Bing Venturesstands out as a beacon of innovation in venture capital. Focusing on supporting early stage startups and entrepreneurs of Web3 and blockchain developments, Bing Ventures has a team of industry veterans and experts with extensive experience in investing, incubating, developing and promoting projects. With a research-driven, industry-neutral value investing approach, Bing Ventures has built an impressive portfolio spanning DeFi, NFTs, GameFi, DAOs, infrastructure and more.
The investment made Elvisco Carrington, Director of Public Relations and Communications at BingX, “Moonbox’s combination of artificial intelligence and Web3 demonstrates a visionary convergence that moves us towards a future of limitless possibilities. At Bing Ventures, we are excited to partner with this innovative force to support Moonbox’s journey that will undoubtedly catalyze the evolution of technology and its impact on society.” said.
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