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Social competitive platform MiniTon completes seed round financing, with participation from institutions such as Waterdrip Capital
BlockBeats news, on November 13, the social competitive platform MiniTon announced the completion of its seed round financing. This round of financing was participated by Waterdrip Capital, Alchemy Pay, CGV, Web3Port Foundation, PangDAO Head Ricky, OGBC Innovation Hub Founder Jayden Wei, and others. MiniTon is a project initiated with the support of the TON Foundation. With this financing, MiniTon will complete the development of the Alpha version and the testing of core metrics. Currently, MiniTon has successfully completed 360,000 competitive game tests, with 30,000 of them being on-chain events. Profit has been realized through the commission charged to participating players, and the unit user profit model. MiniTon provides an on-chain profit solution with Tournaments as a Service (TaaS) to developers, helping casual games to build their commercial capabilities after entering Web3. At the same time, MiniTon has restructured the supply relationship of Liquidity in games to address the sustainability issues of the GameFi business model. Based on the BondingCurve price curve, investors can establish connections with players by predicting game results.