According to Tomoland, the $2 million round included institutional and angel investors and will fund a model that combines user-generated content with Web3 ownership features.
Tomoland announced a $2 million financing round led by Sky9 Capital, with participation from WAGMI Ventures, Aureus Dealers, and angel investors from Meta, Depinx Capital, Netease, and Virtuals. The company said the new capital will support a system that combines user-generated content with Web3 ownership. This adds investor and use-of-proceeds details to the previously reported funding round for the mobile UGC gaming platform, which lets users create and edit game worlds.