Moonbox, a Hong Kong-based firm specialising in artificial intelligence (AI) and Web3 technology, has embarked upon a new mile-marking venture as OKX Ventures, the investment arm of the revolutionary Web3 company and global cryptoexchange OKX, pumped a whopping amount of $1 Million into Moonbox. This investment was made public on August 4th, 2023. Once the beginning of the next year comes around, Moonbox have promised to deliver a collection of NFTs (Non-Fungible Tokens) interacting on a secured virtual protocol which shall further bet profited through animation technology of AI.
This multitude of animations all drawing its inaugural artistic cues from the entertainment sections is strengthened by the Aquired Intellectual Property rights to the movies of Hong Kong counterpart, Stephen Chow. Wer included classic worthy titles like “Journey to the West: The Demons Strike Back,” and “The Mermaid”. With persistent applomb, further expansional exploitations in novelty technology look inevitable, as bolstered by a renewed influx of finances.
Jeff Ren from underlining OKX Ventures expressed optimism forthe manner in which Web3 and blockchain technology for which the industry could turn gears for the betterment of the economy. He commented “Combining this with AI technology brings promising possibilities for the Web3 ecosystem, and OKX Ventures is proud to play a role in that journey through supporting the work of Moonbox.”
Ignious Yong, Senior Advisor from Moonbox had notably high charitable words for this potential grand influx for this longflight towards technological transcendence of the global coin and card industry. He continued saying “We are confident that the integration of AI and Web3 will make NFTs more fun and valuable, creating a larger variety of use cases in the film and entertainment industries, and attracting users from all walks of life.” Laudable words laced with sound interepretations and acute strategies is linkedanthely to Moonbox’s backing by OHX Venture’s collaboration with around 303 Billion tokenprojects pledged forwards ensure to winking economic stability from Web3, NFT’s progression bound development and blockchain advancements.