The Whatsapp-like product, titled Superapp, was born out of the need for blockchain enthusiasts to access Web3 experiences through Web2 interfaces.
To keep delivering exciting digital fashion experiences, DressX raised $15 million from Greenfield, Slow Ventures, Warner Music, and others.
South Korea understands the difficulty of raising capital in the local market due to the volatile nature of cryptocurrencies, so the fund is created.
The Series A funding round was from crypto investment firm Pantera Capital and will be channeled towards hiring the best talent and incorporating more NFT collections into the game.
Qian stated that he plans to approach Asian technology tycoons for supporting, but he did not reveal their names.
The money raised in this funding will enable VitaDAO to launch its first biotech startup which will be unveiled in the first quarter of 2023 as well as fund its longevity research.