Tortola, British Virgin Islands, Jan. 11, 2022 (GLOBE NEWSWIRE) — Anybody who has been listening to the world of NFTs (non-fungible tokens) will know that individuals love investing in cartoon-themed initiatives. Whether or not it’s the immensely fashionable canine-oriented cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB), or maybe even well-known NFT collections like The Bored Ape Yacht Membership (TBAYC), the actual fact stays that so far as investing is anxious these days, toons proceed to play an necessary position.
With that being mentioned, ‘TooNFT’, a blockchain-oriented webtoon platform, not too long ago made it identified that it has debuted on the ecosystem of South Korea’s main webtoon firm, Toomics. To assist with the development of a totally decentralised webtoon platform, the TooNFT group secured a whopping $1.75 million by way of a personal financing spherical.
TooNFT is constructed upon the Toomics ecosystem, which is among the most wanted webtoon service platforms with about 50 million lively net customers along with greater than 10 million app downloads on each Android and iOS, in addition to a sturdy profit-generating enterprise construction. Basically, TooNFT might greatest be understood as a blockchain-oriented platform which strives to revolutionize the comics and webtoon trade by way of the creation of an intuitive next-generation ecosystem constructed round NFTs.
HG Ventures had thus led the beforehand talked about personal spherical of funding, which was supported by notable institutional buyers like Adaptive Labs, Alphabit, GBIC, Status Fund and Mindfulness Capital. By adhering to excessive requirements and the general purpose of embracing a decentralized future, the TooNFT platform was launched on prime of the aforementioned Toomics ecosystem in order to introduce the idea of non-fungible tokens to the webtoon and comics sector.
TooNFT’s most important goal is to therefore improve the revolutionary setting by offering a system which allows writers to attract in investments by way of the P2P (Peer To Peer) format with out monopolising the intermediation course of. Consequently, by producing a large quantity of assist by way of early-stage buyers within the quantity of $1.75 million of their personal in addition to seed rounds, TooNFT can thus start creating its webtoon NFT infrastructure to efficiently combine with the blockchain distributed ledger know-how. Furthermore, it’s working in the direction of making significant enhancements concerning the webtoon trade together with however not restricted to easy-investment entry for quite a few common customers with out the involvement of intermediaries, in addition to a safe and reliable service with clear knowledge and varied staking and reinvestment alternatives. TooNFT due to this fact leverages blockchain to turn into the world’s inaugural worldwide decentralized webtoon platform for mass consumption.
Toomics started in 2015 by garnering as much as $15 million in enterprise capital funding to launch their goal of creating a platform for webtoons and comics. Toomics has since exceeded all preliminary expectations and has as much as 7 million MAU, inked collaborations with AfreecaTV, Tencent, KEB Hana Financial institution, and GMarket, and is now thought of as one of many greatest webtoon platforms in all the world, having acquired varied accolades from revered establishments. Toomics therefore has robust enterprise traction, with as much as $60 million made yearly from centralized gross sales of assorted webtoon subscriptions on its platform.
In layman’s phrases, it goals to disrupt the webtoon enterprise through the use of a blockchain-oriented protocol and creating a extremely superior and intuitive NFT ecosystem. TooNFT will due to this fact do properly by working alongside such an revolutionary and profitable platform.
Media Contact –
CEO identify: Kim Dongil
E mail: firstname.lastname@example.org
Cellphone: +82 10 8006 0401
Deal with: Charles Courtroom, 1st Ground, 189 Important Road, PO Field 4406, Tortola, VG1110, British Virgin Islands.
The knowledge offered on this launch will not be funding recommendation, monetary recommendation or buying and selling recommendation. It is suggested that you just observe due diligence (together with session with knowledgeable monetary advisor earlier than investing or buying and selling securities and cryptocurrency).