Moonbox Received Investment From Bing Ventures

Moonbox, an AI and Web3 startup diving in the NFT sphere, has received an investment from Bing Ventures.

Source: Moonbox

Moonbox, an AI and Web3 startup diving in the NFT sphere, has received an investment from Bing Ventures. Bing Ventures is the corporate venture capital wing of the cryptocurrency exchange, BingX.

The exact investment figures remain under wraps, the infusion of funds is earmarked for catalyzing Moonbox's product trajectory and honing its revolutionary generative AI tech tailored for the burgeoning Web3 and NFT domain. With exclusive rights to the intellectual property from a collection of iconic films by Stephen Chow, Moonbox is gearing up to roll out a slew of generative AI-fueled NFTs and applications, drawing inspiration from both art and cinema.

The anticipated launch is set for the climax of 2023. Moonbox envisions NFTs enhanced by an AI-driven interaction layer, making them not just mere collectibles but immersive and engaging experiences. This novel approach can potentially redefine content mediums, ushering in a new era of NFT-integrated films and short-form videos.

A brief about BingX: BingX offers a comprehensive suite of trading services, spanning spot, derivatives, copy, and grid trading. BingX has a user base exceeding 5 million.

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