The Web3 social gaming ecosystem Soulbound has completed a $4 million funding round, with participation from Animoca Brands and others.

according to VentureBeat, the Web3 social gaming ecosystem Soulbound has announced the completion of a $4 million funding round, with participation from iAngels, Animoca Brands, Big Brain Holdings, NGC Ventures, Panony, Delta Blockchain Fund, and Blocklords CEO David Johansson. The new funds will be used to establish game partnerships, increase social interactions, and expand streamer rewards and social tasks.

Soulbound has transitioned from the NFT-based sticker and social content publishing platform Popdrip, allowing players, streamers, and creators to earn non-transferable DRIP tokens through a partnership with the Twitch streaming platform. The TGE is expected to take place in the second half of 2024.