KapKap Secures $10 Million to Power User Engagement in Web3

Web3 platform KapKap has secured a $10 million seed round led by Animoca Brands, signaling growing institutional interest in the intersection of AI and blockchain gaming. The funding will enable expanded developer tools and the development of AI-powered games for enhanced user engagement. This investment follows KapKap’s successful partnerships with prominent Web3 communities like the Bored Ape Yacht Club and ApeCoin DAO. The funding demonstrates a shift towards using user data for monetization in digital communities, according to Animoca Brands. While no immediate impact on crypto markets like ETH or BTC is expected, this funding is poised to shape future iterations of online gaming and creator economies within Web3.