DWF Labs, a leading digital asset market maker, and Web3 investment firm, has announced a strategic investment in Web3 gaming platform MOBOX.
MOBOX’s growth strategy is expected to be further accelerated by new money from DWF Labs, which will also increase liquidity across several exchanges, enhance portfolio synergy, forge important regional alliances, and facilitate cooperation on offline events and public relations.
According to a Medium post, MOBOX established itself as a leader in web3 gaming with a more than 3 million user base in 2021 by securing its listing on Binance Launchpool.
MOBOX announced the alpha launch of DragonVerse Neo at the beginning of December. This open world is co-created and co-governed, giving the community the power to alter its content and affect the planet’s course.
With DragonVerse Neo, MOBOX is taking a big step toward creating a community-driven User-Generated Content (UGC) game creation paradigm that is centered on creating open, successful, and sustainable economies.
“Our support for MOBOX underscores our belief in a gaming platform propelled by user-generated content,” Andrei Grachev said in a release.
“The fusion of UGC gaming and blockchain technology within MOBOX empowers both creators and players, aligning seamlessly with our vision of decentralized gaming.”
With this, DWF Labs completes another year-end investment. On December 5, the company announced that it had further strengthened its collaboration with the FLOKI ecosystem by acquiring a substantial quantity of FLOKI tokens, amounting to $1.25 million.
With strong market trends, DWF Labs’ faith in meme coins was reinforced by the over-the-counter acquisition.
