TechFlow News – Moove Protocol, a Web3 community initiative protocol, has completed its seed round financing led by Morningstar Ventures, with participation from BS Capital, Alpha Protocol Ventures, Let's Go Ventures, NXGen, Antiga Capital, and Vijay Pravin Maharajan. The specific funding amount has not been disclosed.
Launched jointly by Two3 Labs and CowCow, Moove Protocol aims to cultivate a community of builders, creators, and visionaries. By developing community-oriented tokens, it seeks to build a fully decentralized ecosystem to support the development and launch of more Web3 projects.
Moove Protocol stated that the team is currently building an AI-powered video content generation protocol on Polygon and has already established partnerships with over 50 digital collectible collections.
Cow is the flagship blue-chip project of MOOVE Protocol and the largest NFT collection on the MultiversX ecosystem. It will continue to serve as a cornerstone of the project and drive demand for its native token $MOOVE, which is already live-traded on MultiversX DEX. On December 19, the team will launch its second NFT project, Smoofs. So far, 7,000 out of 8,000 NFTs have been sold through private sales, with the remaining 1,000 set to be released publicly.
