Boxed Project Introduction, Team, Financing and News

Performances

RD Popularity Index

228.33% (24h)

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Project Rank: 6786/15414

RD Growth Index

1050.00% (24h)

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Project Rank: 4531/15414

Comparison

Fundraising

LeadBBitkraft Ventures MMechanism Capital PP2 Ventures

HHammoudi Yassuo Abdalrhman

LLofty Ventures Syndicate

Round	Amount	Valuation	Date	Source	Investor
Pre-Seed	$ 1.5M	--	May 27, 2023	--	BBitkraft Ventures PP2 Ventures MMechanism CapitalHHammoudi Yassuo AbdalrhmanLLofty Ventures Syndicate

Follow Updates

Follow Lists

People

Details

Boxed is a Web3 loot box platform developed by Loot Labs, utilizing NFTs and digital collectibles to create themed mystery boxes. Users can browse and open various boxes, with each box publicly displaying all items and their drop rates to ensure transparency. The platform employs a provably fair system that generates results using client seed, server seed, nonce, and salt, allowing users to independently verify outcomes. Users can open boxes using gems or keys, and obtained items can be sold back for gems, withdrawn as physical cards, exchanged, or traded. The platform also features Forge, enabling users to create custom boxes by selecting items, setting drop rates, and earning approximately 13% commission. The platform supports battles, vending machines, and other gameplay, with gem spending contributing to level progression and daily rewards.

Tags:

NFT

Ecosystem(1):

Polygon

Founded:

2023

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