Dubai-Based VC NewTribe Capital Raises Fund For ONSTON Metaverse Platform development
ONSTON, a cryptocurrency project building a metaverse platform and NFT marketplace using blockchain technology, announced that NewTribe Capital, a growth-oriented Dubai-based Venture Capital fund, has decided to invest in the ONSTON project.
The investment has been made by NewTribe Capital, seeing the high development potential of the ONSTON Project, which is specialized in developing NFT and Metaverse, which are currently in the spotlight.
NewTribe Capital is a Venture Capital fund that participates in seed and private sale allocation.
The firm invests in early-stage blockchain and crypto projects and provides long-term support by creating a healthy partnership with them. NewTribe Capital also provides value-adding beneficiary services to the projects and ensures long-term benefits by all means.
“We are going to provide ONSTON early-stage investment, directing, and marketing support for them to develop their product further and we have high expectations on the ONSTON NFT Marketplace and Metaverse ecosystem,” said a NewTribe official.
ONSTON is currently running various airdrop events to celebrate the launching of ‘ONSTON VR LABS’, a research institute to build an integrated VR and metaverse ecosystem through cooperation with companies.
ONSTON also operated its marketing strategies from various angles to increase project awareness and attract new users.
The ultimate goal for ONSTON is to secure as many metaverse users as possible by forming close relationships with users through its communities and channels.
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