Capybobo Secures $8 Million to Revolutionize Art Toys with Web3
Capybobo, a pioneering Web3 toy project, has successfully closed an $8 million funding round, signaling a significant move towards integrating digital gaming with the collectible toy market. This investment, spearheaded by Pluto Vision Labs and fueled by prominent Web3 investors, will enable Capybobo to further develop its innovative platform.
# Bridging the Digital and Physical Toy Worlds
The funding round, which saw participation from YZi Labs, Folius Ventures, Animoca Brands, HashKey Capital, and Mirana Ventures, underscores the growing interest in Web3 applications within the art toy sector. Capybobo, originating as a mini-game within the TON ecosystem, has evolved into a comprehensive Web3 platform. Its unique offering lies in linking digital outfit NFTs to real-world doll costumes, creating a tangible connection between online collectibles and physical merchandise. The injection of capital will be instrumental in expanding Capybobo’s signature digital clothing line, PYBOBO Outfits, and solidifying its position at the intersection of toy culture, gaming, and blockchain technology.
With this funding, Capybobo is poised to accelerate its mission of merging digital ownership with physical design, paving the way for a new era of Web3-enabled art toys. The company’s vision is to build a bridge between the digital and physical realms, offering collectors and gamers alike a unique and engaging experience.
Keywords
Related Keywords: Capybobo, Art Toys, Web3, Funding, Venture Capital, Metaverse, NFT, Collectibles, Blockchain, Crypto
