Mochi.Market preps for IDO for Its Multi-Chain NFT Decentralized Exchange
Mochi.Market preps for IDO for Its Multi-Chain NFT Decentralized Exchange

Mochi.Market preps for IDO for Its Multi-Chain NFT Decentralized Exchange

By Crypto Advertising - 13 Apr 2021

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We are excited to announce we have closed our seed investment round for Mochi.Market, securing the capital requirements needed to launch and carry out our vision of a multi-chain decentralized NFT exchange ecosystem, a “Super App” for everything NFT.

We closed the fund-raising round from various notable DeFi and NFT focused VCs, including Magnus Capital, Raptor Capital, BTX Capital, X21, MoonWhale, CinchBlock, Existential Capital, Blockstar Ventures, Blocksync Ventures, and Mercurius Digital Assets. 

The partners above are very excited to join the Mochi.Market journey; Matthijs van Driel, Founder of Magnus Capital and lead investor of the fund-raising round, stated: 

“I am thrilled to embark on this collaborative journey with the Mochi team as they are developing game-changing technologies. 

As an avid NFT collector, I totally understand the challenges that Mochi is going to solve. Working with the Mochi team has given me a lot of confidence in the project, the speed at which the Mochi team operates and executes is world class. Mochi believes in a fair launch, giving every investor (both seed and IDO investors) the exact same investment terms. I can’t stress enough how extraordinary this is. Mochi will be one of the pillars of mass NFT adoption.”

Sophia Ho, Co-Founder, and CEO at MochiLab, also commented on the finalization of the seed round:

“Mochi.Market closed the seed round within 40 days since our team at kickstarted the project. We have also built a sizable Mochi community of passionate DeFi and NFT creators and users organically within this short period of time. 

We would not be able to achieve this without our early investors, advisors, and community’s tremendous support. As a community-driven project that aims to be a DAO, we welcome all ecosystem partners and community join us in this exciting journey of building a super-app for NFTs.”

Excitement Is Growing Around Our Ecosystem

Although we have just started to come out of stealth mode, the community’s excitement has shown no signs of slowing down. 

We find ourselves in the position where we have the opportunity to be very strategic with whom we choose to partner with and would like to be involved in the growth of Mochi.Market. 

Overall, we raised the necessary funds from various highly connected and skilled investors, supplying industry expertise, connections, advice, and insight into accelerating our project’s growth most effectively and efficiently. Undoubtedly this will help us move forward to capture the value within the NFT exchange markets and ecosystem. 

Following the completion of the seed round, we can now concentrate on building out our NFT ecosystem. We are also expanding our team to include further industry experts, propelling us towards a successful launch. 

The end of the seed round signifies the finalization of funding from institutions. However, we will still offer everyday users and stakeholders investment opportunities through our IDO and private round sales. 

We will be hosting a fair launch of $MOMA, our utility token, to get the community involved as much as possible. As a community-driven project, this is one of our focuses. These tokens will be available on Ethereum and BSC to start, with more chains to come.

These events are only a tiny taste of what Mochi.Market brings to the table and just the beginning. Wait until you get to taste the main meal! We are excited to have you with us on our journey to bring value-enhancing methods and innovations to NFT and DeFi.


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