Press release. Tortola, British Virgin Islands, 10 January 2022: Anyone who has been following the world of NFTs (non-fungible tokens) will know that people love investing in cartoon-themed schemes. Whether it’s very popular canine-oriented cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB), or famous NFT collectibles like The Bored Ape Yacht Club (TBAYC), the truth remains when it comes to investing Today, cartoon characters continue to play an important role.
Having said that,’Too NFT‘, a blockchain-oriented webtoon platform, recently announced that it has debuted in the ecosystem of leading Korean webtoon companies, toy scienceTo help build a fully decentralized webcomic platform, the TooNFT team has secured a whopping $1.75 million in a private funding round.
What is ToonNFT?
TooNFT is built on the Toomics ecosystem, one of the most sought after webtoon service platforms, with around 50 million active web users and over 10 million Android and iOS app downloads, and a strong profitable business structure . Essentially, TooNFT is best understood as a blockchain-oriented platform that aims to revolutionize the comics and webcomics industry by creating an intuitive next-generation ecosystem built around NFTs.
HG Ventures As such, he led the aforementioned private placement round, backed by prominent institutional investors such as Adaptive Labs, Alphabit, GBIC, Prestige Fund, and Mindfulness Capital. Adhering to the overall goal of high standards and embracing a decentralized future, the TooNFT platform is launched on top of the aforementioned Toomics ecosystem, bringing the concept of non-fungible tokens to the field of webcomics and comics.
The main goal of TooNFT is to enhance the innovation environment by providing a system that enables authors to attract investment through a P2P (peer-to-peer) format without monopolizing the intermediary process. Therefore, with the substantial backing of $1.75 million in private and seed rounds from early investors, TooNFT can start developing its webtoon NFT infrastructure to successfully integrate with blockchain distributed ledger technology. In addition, it is working hard to make meaningful improvements to the webcomic industry, including but not limited to providing easy investment access to numerous ordinary users without the involvement of intermediaries, as well as a safe and secure platform with transparent data and various staking and reinvestment opportunities. Serve. Therefore, TooNFT utilizes the blockchain to become the world’s first decentralized web comic platform for mass consumption.
Meaning of Toomics
Toomics began raising up to $15 million in venture capital funding in 2015 to launch their goal of developing a platform for webcomics and comics. Toomics has since exceeded all initial expectations, with a whopping 7 million MAUs, signed partnerships with AfreecaTV, Tencent, KEB Hana Bank and GMarket, and is now considered one of the largest web comic platforms in the world, gaining access to popular Respected institution. As a result, Toomics has strong business traction, with collective sales of various webcomic subscriptions on its platform earning up to $60 million per year.
In layman’s terms, it aims to disrupt the webtoon business by using blockchain-oriented protocols and developing a highly advanced and intuitive NFT ecosystem. Therefore, TooNFT will do well by partnering with such an innovative and successful platform.
President Name: Kim Dong-il
e-mail: Social @toonft.com
Tel: +82 10 8006 0401
Company: Global Digital Contents Limited
address: Charles Court, 1st Floor, 189 Main Street, PO Box 4406, Tortola, VG1110, British Virgin Islands.
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