LootMogul : A Sports Metaverse Company That Raises $65 Million On Republic With Solution For Investors
According to reports, LootMogul, a sports metauniverse company driven by artificial intelligence, has announced a fund raising on the equity crowdfunding platform Republic with a v
According to reports, LootMogul, a sports metauniverse company driven by artificial intelligence, has announced a fund raising on the equity crowdfunding platform Republic with a valuation of $65 million, aiming to provide a new ownership model for investors to participate. The company supports the conversion of Web2 online stores into Web3 e-commerce portals, and has also launched blockchain mini games and digital collections, with a financing target of between $25000 and $1.24 million, The financing deadline is April 25, 2023. （republic）
LootMogul started financing on Republic at a valuation of $65 million
If you are familiar with the concept of Web2 and Web3, then you already know how important they are in shaping the online world. Web2 is the current technology that supports the vast majority of online stores, while Web3 is a technology that makes use of blockchain to create decentralized systems that provide more privacy, security, and ownership for users. Even though Web3 is still a new concept, it is starting to gain a lot of traction, especially in the gaming industry, where companies like LootMogul are leading the way.
What is LootMogul and how does it work?
LootMogul is a sports metaverse company driven by artificial intelligence that provides a new ownership model for investors to participate. The company supports the conversion of Web2 online stores into Web3 e-commerce portals, and has also launched blockchain mini-games and digital collections to attract more users. By leveraging the power of blockchain, LootMogul enables users to truly own their digital assets, which can be used across multiple applications and platforms.
Fundraising on Republic with a $65 Million Valuation – How does it work?
Recently, LootMogul announced a fundraising on the equity crowdfunding platform Republic, with a valuation of $65 million. The financing target of LootMogul ranges between $25000 and $1.24 million. The financing deadline is April 25, 2023. With this fundraising, LootMogul aims to attract more investors who are interested in the new Web3 e-commerce portal model and want to support its development.
Why is LootMogul’s fundraising important?
LootMogul’s fundraising is important because it demonstrates a growing interest in the blockchain-based Web3 model, which has the potential to transform the online world. By enabling greater ownership and control for users, Web3 can create more trust and transparency in how data is handled and how transactions are conducted. Furthermore, LootMogul’s ability to leverage artificial intelligence to provide personalized and engaging experiences for users shows how Web3 can provide more value to customers.
What are the benefits of investing in LootMogul?
By investing in LootMogul, investors can support a company that has demonstrated its ability to innovate and stay ahead of the curve. Investors will have a stake in a company that is working to create a new ownership model that respects the needs and preferences of users. Furthermore, investors can take advantage of LootMogul’s expertise in blockchain, artificial intelligence, and sports to create a more diverse and profitable investment portfolio.
Conclusion
LootMogul’s fundraising on Republic with a $65 million valuation is a significant development in the Web3 space. With its focus on sports metaverse and its innovative use of blockchain and artificial intelligence, LootMogul is well-positioned to lead the way in creating a new ownership model for investors. By supporting LootMogul’s fundraising, investors can participate in this exciting new space and help shape the future of the online world.
FAQs
1. What is a sports metaverse?
A sports metaverse is a virtual world that allows users to interact with each other in sports-related activities, such as watching games, playing games, and collecting memorabilia.
2. Why is blockchain important for Web3 e-commerce portals?
Blockchain is important for Web3 e-commerce portals because it provides a secure and decentralized way of storing data and conducting transactions, which increases trust and transparency.
3. How does artificial intelligence help LootMogul create more engaging experiences for users?
Artificial intelligence helps LootMogul create more engaging experiences for users by analyzing their preferences and behaviors and providing personalized and relevant content and products.
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