- DWF Labs announces strategic investment in game developer MOBOX.
- The MOBOX team said this collaboration could be a game changer in the world of UGC games.
- DWF Labs’ investment in MOBOX includes providing liquidity across the exchange and expanding other partnerships.
DWF Labs, a leading digital asset market maker and Web3 investment firm, announced a strategic investment in Web3 gaming platform MOBOX.
With this investment, DWF Labs will support MOBOX’s growing ecosystem around user generated content (UGC) games.
Stepping up MOBOX’s UGC game
DWF Labs will use this investment to strengthen the growth of MOBOX. This will be achieved by providing access to liquidity across exchanges, enhancing portfolio synergies, and expanding key partnerships. The DWF Labs team said in a blog post that the two platforms will also collaborate on PR and other offline events.
“Our investment in MOBOX reflects our belief in the potential of gaming platforms powered by user-generated content. MOBOX’s efforts to combine UGC games and blockchain technology empower both creators and players and align with our vision for decentralized gaming.said Andrei Grachev, Managing Partner at DWF Labs.
The MOBOX team sees this partnership as a game-changer in the world of UGC games.
🤝 We are happy to be your partner. @DWFLabs !
A strategic investment in MOBOX is a game-changer in the world of UGC games.
Together, we are paving the way for more immersive and community-driven gaming experiences.
We’re here to innovate, grow, and empower you! https://t.co/fgIDxEhx71
— MOBOX (@MOBOX_Official) December 19, 2023
Binance Launchpool added MOBOX in 2021, ushering game developers into the growing community-driven Web3 gaming space. The platform has released a number of immersive games, including DragonVerse Neo, a co-created and co-managed game.
The developer announced the alpha release of the UGC game this month.
DragonVerse Neo gives users the benefits of Play-to-Earn (P2E) and an open economy, enhancing it with real-world dynamics. The game features an interactive 3D world, anime-style visuals, and powerful utilities including an in-game open marketplace.