KapKap completes $10 million financing, led by Animoca Brands and others

KapKap announced the completion of a $10 million financing round, with the seed round led by Animoca Brands and participated by Shima Capital, Mechanism Capital, Klaytn Foundation, and Big Brain Holdings; the strategic round was led by Unicorn Verse, with participation from Rzong Capital and BGX Capital.

The company positions itself as AI-native Web3 and launched KAPS (Key Attention Pricing System) to quantify user "attention and reputation" and distribute rewards; currently, it has approximately 1.7 million monthly active users and about 25,000 daily active users, and has engaged in IP collaborations with SNK, "The King of Fighters," "Samurai Shodown," BAYC, and ApeCoin DAO.