Playbox Raises $2 Million in Seed Round Financing Led by Binance Labs
According to reports, Playbox, a blockchain based e-commerce metaverse platform, has completed a seed round financing of $2 million, led by Binance Labs, with participants includin
According to reports, Playbox, a blockchain based e-commerce metaverse platform, has completed a seed round financing of $2 million, led by Binance Labs, with participants including Gate.io, Tron, CertiK, Ankr, IMO Ventures, LIF, Math Wallet, and OFR. Playbox is a metaverse platform with a Shop&Earn system, allowing users to shop at over 20000 merchants worldwide and earn cash returns. Playbox stated that it will launch more Earn mechanisms in the future.
E-commerce metaverse platform Playbox completed a $2 million financing
Playbox, a blockchain-based e-commerce metaverse platform, has recently completed a seed round financing of $2 million. The round was led by Binance Labs, with other participants including Gate.io, Tron, CertiK, Ankr, IMO Ventures, LIF, Math Wallet, and OFR.
The Playbox platform is designed to offer users a unique shopping experience, allowing them to shop at over 20,000 merchants worldwide while earning cash returns. The company has plans to launch more earn mechanisms in the future.
What is Playbox?
Playbox is a blockchain-based e-commerce metaverse platform that allows users to shop at over 20,000 merchants worldwide and earn cash returns. The platform uses blockchain technology to provide a secure and transparent shopping experience for users.
Users can shop for products from different merchants on Playbox, and the platform also offers a range of additional services like escrow, dispute resolution, and more. The platform’s Shop&Earn system allows users to earn cash returns by shopping, making the shopping experience rewarding and enjoyable.
The Seed Round Financing
With the completion of the seed round financing, Playbox has raised $2 million, which will be used to further develop the platform and expand its reach. The round was led by Binance Labs, a blockchain technology incubator launched by Binance, one of the largest cryptocurrency exchanges in the world.
Other participants in the seed round financing included Gate.io, Tron, CertiK, Ankr, IMO Ventures, LIF, Math Wallet, and OFR. These investors join a growing list of notable investors who have recognized the potential of Playbox.
What Does the Future Hold for Playbox?
Playbox has already gained significant attention in the blockchain space. With the completion of the seed round financing, the platform is poised to take the e-commerce world by storm.
The platform’s unique Shop&Earn system is just the beginning of what Playbox has to offer. With plans to launch more earn mechanisms in the future, the platform is sure to become even more popular among shoppers and investors alike.
FAQs
1. What is a metaverse platform?
A metaverse platform is a virtual world that allows users to engage in a range of activities, such as gaming, shopping, socializing, and more.
2. How does Playbox use blockchain technology?
Playbox uses blockchain technology to provide a secure and transparent shopping experience for users. The platform also offers additional services like escrow and dispute resolution to ensure that transactions are secure.
3. What is the Shop&Earn system?
The Shop&Earn system is a unique feature of Playbox that allows users to earn cash returns by shopping at over 20,000 merchants worldwide. The platform plans to launch more earn mechanisms in the future.
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