Curated News
By: NewsRamp Editorial Staff
August 22, 2024

Soulbound Raises $4M to Empower New Creator Economy

TLDR

  • Soulbound raised $4 million to empower the new creator economy, creating a next-gen digital experience.
  • Soulbound is a web3 social gaming ecosystem marrying GameFi and SocialFi, with a TGE expected in H2 2024.
  • Soulbound is onboarding the next generation of players, streamers, and creators into web3 gaming.
  • Soulbound users can earn non-transferable DRIP tokens, showcase gaming accomplishments, and interact with the community.

Impact - Why it Matters

Soulbound's latest funding will revolutionize the gaming industry, providing new revenue channels for gamers, streamers, and creators. The platform's innovative approach to social gaming and its integration of blockchain technology will shape the future of gaming and community interaction.

Summary

Soulbound, a web3 social gaming ecosystem, has raised $4 million to power its mission to empower the new creator economy. By creating a new avant-garde platform, Soulbound seamlessly marries GameFi and SocialFi into a next-generation digital experience. The investment will advance Soulbound's work by establishing gaming partnerships, adding social interactions, and expanding streamer bounties and social questing. Users can earn non-transferable DRIP tokens for engaging with Soulbound and partnered games, showcasing their favorite gaming accomplishments linked to their unique gaming identity, and flexing on their streams. Soulbound is currently onboarding five new games per week to its platform and hosting streaming activations with various partners.

Source Statement

This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Soulbound Raises $4M to Empower New Creator Economy

blockchain registration record for the source press release.