ForthBox Closes US $1 Million Seed Round, funded by Fundamental Labs and other VCs

ForthBox, a Web 3.0 GameFi aggregation platform, today announced that it has raised US $1 Million in Seed funding, backed by renowned venture capitalists and institutions like Fundamental Labs, Infinity Ventures Crypto (IVC), YGG SEA, Crypto Gaming United (CGU) and Mr. Block.

Fundamental Labs is an Early Stage Investor of well-known blockchain projects like Coinbase, Avalanche, and Polkadot. Earlier this month, Fundamental Labs was the lead investor of Binance.US seed round financing.

Infinity Ventures Crypto (IVC) combines venture capital and crypto experience to propel creative businesses in the crypto industry forward. Its partners have been investing in crypto assets since 2015 and have guided companies through a fast-changing and complex industry to success.

YGG SEA, the first subDAO of Yield Guild Games, is a decentralized autonomous organization for acquiring and managing NFTs used in the Metaverse. Its mission is to create the biggest and most sustainable play-to-earn virtual economy in Southeast Asia. YGG SEA is a founding member of the Asia Blockchain Gaming Alliance. It has attracted more than 5000 active scholars and over 40 supported games.

Crypto Gaming United (CGU) is a platform that brings people from developing countries together to build a new virtual economy and earn a sustainable income while learning new digital skills and engaging with the global blockchain gaming community.

Mr. Block is a community-grown data platform and knowledge hub for crypto education. Mr. Block's mission is to be the knowledge platform for an authentic and educational experience within a trusted and transparent blockchain community.

The raised funds will be allocated to accelerate the process of product development, scale up the marketing and technical team and build a more complete ecosystem for all the users on the platform.

As a Web3.0 game aggregation platform, ForthBox provides Game Center, Game Guild Management System, and blockchain game Infrastructure to game players, game guilds, and third-party game developers. ForthBox team is going to develop 15 Metaverse games in phases. The very first game Space War has been released in mid-January, 2021. The second game Ham Fantasy will be available on April 27. ForthBox has established strategic partnerships with world-famous game guilds YGG SEA and Crypto Gaming United (CGU). Up until now, ForthBox has attracted users from more than 10 countries such as South Korea, Japan, and the Philippines. The average daily traffic of its Dapp is over 2 million.

About ForthBox

ForthBox is a Web3.0 GameFi aggregator and integrated service provider supporting all types of blockchain games. We enable users to issue game NFTs with one click and make it easy to transform traditional games into blockchain games.

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