Moonbox, a Hong Kong-based firm specialising in artificial intelligence (AI) and Web3 technology, has received a $1 million investment from OKX Ventures, the investment arm of the revolutionary Web3 company and global crypto exchange OKX. The news was released on August 4, 2023. By the end of 2023, Moonbox—plans to release a number of AI-powered NFTs and apps with design cues from the entertainment sector. Moonbox will utilise the money to drive product expansion and further improve its core technology. Jeff Ren, Partner at OKX Ventures, expressed enthusiasm for the potential of Web3 and blockchain technology to revolutionize the creator economy.
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