Tuesday, 20 February 2024

Crypto News

DWF Labs partners with MOBOX to bolster UGC gaming

DWF Labs partners with MOBOX to bolster UGC gaming

  • DWF Labs has revealed a strategic investment in game developer MOBOX.
  • The collaboration could be a game-changer for the UGC gaming world, the MOBOX team said.
  • DWF Labs’ investment in MOBOX will include liquidity provision across exchanges and expanding other partnerships.

DWF Labs, a leading digital asset market maker and Web3 investment firm, has announced a strategic investment in Web3 gaming platform MOBOX.

The investment will see DWF Labs support the growing ecosystem around MOBOX’s user generated content (UGC) gaming.

Bolstering MOBOX’s UGC gaming 

DWF Labs will use the investment to bolster MOBOX’s growth. This will be via providing access to liquidity across exchanges, boosting portfolio synergy and expanding key partnerships. The platforms will also collaborate on PR and other offline events, the DWF Labs team said in a blog post.

Our investment in MOBOX reflects our belief in the potential of a gaming platform that is driven by user-generated content. MOBOX’s commitment to merging UGC gaming with blockchain technology empowers creators and players alike, and aligns with our vision of decentralized gaming,” said Andrei Grachev, managing partner at DWF Labs.

The MOBOX team sees this partnership as a game-changer for the UGC gamig world. 

Binance Launchpool added MOBOX in 2021, ushering the game developer into the realm of a Web3 gaming whose growth is community-driven. The platform has released a number of immersive games, including the co-created and co-governed game DragonVerse Neo. 

The developer announced the UGC game’s alpha launch this month.

DragonVerse Neo brings the benefits of play-to-earn (P2E) and an open economy to users, reinforcing that with real-world dynamics. The game features an interactive 3D world, anime-style visuals and robust utility, including in-game open marketplaces.

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