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—which is creating an interactive protocol with AI to animate different digital assets, including non-fungible tokens (NFTs)—plans to release a number of AI-powered NFTs and apps with design cues from the entertainment sector. Stephen Chow, a well-known Hong Kong actor, starred in many films, including “Journey to the West: Conquering the Demons,” “Journey to the West: The Demons Strike Back,” and “The Mermaid.” The startup has acquired the intellectual property (IP) rights to exploit these films.
Moonbox will utilise the money to drive product expansion and further improve its core technology. OKX Ventures is renowned for its…
