Fanzee Raises $2 Million To Develop Ecosystem

Based on TON, fan engagement platform Fanzee has raised $2 million in funds to develop its ecosystem of sports fans. The funding will help the startup build strong bonds between clubs, athletes, and fans through new programs designed to create unique experiences.

The private funding round was attended by well-known institutional investors and several business angels. TONcoin.fund led the funding round with venture studio First Stage Labs. Other sponsors include MEXC Pioneer, Huobi, KuCoin Ventures, VLG Digital, Orbs.com, 3Commas, and Hemma.

Fanzee CEO Ajay Jojo remarked that it is an honor for the company to enlist the support of some of the brightest minds in the cryptocurrency industry and supporters of web3 technology. According to him, the TON ecosystem will bring considerable benefits to millions of sports fans through digital currencies. JoJo added that the firm is excited to start a new chapter of reimagining fan involvement in the lives of their favorite athletes and teams.

TONcoin. Fund General Counsel Mark Chadwick assured that Fanzee could change the rules of the game for organizations in the world of sports, as well as help fans come to the fore by establishing an innovative level of interaction between the first and second.

He emphasized that Fanzee uses top gamification mechanics using blockchain technology, including digital collectibles (NFT), virtual quizzes, fantasy games, club coins, and more.

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