Metagood raises over $5M in pre-seed funding round for NFT ecosystem

Metagood, a company that specializes in creating decentralized non-fungible token (NFT) ecosystems, has raised more than $5 million in a recent pre-seed funding round.

Our team @metagoodnft is pleased to announce our pre-seed funding round of $5 Million 🌱

Our mission is to empower communities to be catalysts for collective action and we’re excited to have incredible people who believe in what we’ve built so far ❤️‍🔥https://t.co/iJKcuAlr81 pic.twitter.com/SFgY0VIj3U

— OnChainMonkey (@OnChainMonkey) December 8, 2022

Metagood is a Web3 company that aims to empower communities to take positive action. The company’s recent funding round was joined by investors from the crypto, blockchain, art, entertainment, and sports industries. These investors included Animoca Brands, Mark Yusko, Freddie Andrewes, Jason Fang, Liquid 2 Ventures, Don Ho, ACTAI Ventures, Sangha Capital, Pranav Sharma, Gigi Brisson, and Net Jacobsson.

Metagood has previously been backed by a range of notable investors including:

• Actor, Owen Wilson
• Virgin Unite chair, Holly Branson
• Rotten Tomatoes co-founders, Patrick Lee and Stephen Wang
• Actor and producer, Woody Harrelson
• Axie Infinity co-founder, Jeffrey (Jiho) Zirlin
• The Sandbox co-founder, Sebastian Borget
• Litecoin creator, Charlie Lee
• Algorand Foundation CEO, Staci Warden
• Twitch and Metatheory co-founder, Kevin Li
• And more.

“We have successfully built a strong community through our OnChainMonkey NFTs,” said Metagood co-founder and chairman, Bill Tai.

“Our DAO has given many builders the power to take action, and we have raised 2000 ETH in just one year. Our investors see the potential of Web3 to drive change, and their support will inspire our community to take part and help us achieve even more good.”

Metagood plans to use the funding to continue expanding OnChainMonkey’s community and tools, which aim to empower Web3 communities, creators, and companies to take positive collective action.