TechFlow News — Soulbound, a Web3 social gaming ecosystem, has announced the completion of a $4 million funding round. Investors include David Johansson, CEO of Blocklords, iAngels, Animoca Brands, Big Brain Holdings, NGC Ventures, Panony, and Delta Blockchain Fund.
According to Soulbound co-founder Casey Grooms, the funding was secured in Q2 2024 and will be used to establish game partnerships, enhance social interaction features, and expand its streamer rewards and social mission systems.
Since its inception, Soulbound has tripled its team size, bringing in experts in engineering, business development, and community growth. The company is currently implementing Twitch streaming integration and plans to conduct a token generation event (TGE) in the second half of 2024.
The Soulbound platform combines elements of Twitch and Steam, allowing users to earn non-transferable DRIP tokens by participating in platform activities and partnered games, showcasing gaming achievements and engaging with the community.
