Singapore, Feb 22, 2022 - (ACN Newswire) - Singapore based web3 startup Atem Network has recently raised $3 million in its seed round led by INCE Capital. The other investors include GSR Ventures, Mask Network, Mirana Ventures, A&T Capital, Atlas Capital, Foresight Ventures, Zonff Partners, and Michael Zhang, Co-founder of Zhihu.

According to Atem Network, the fund will be used to build a multichain web3 social platform combining decentralized community and social trades. On the platform, group spaces can be initiated based on tokens and NFTs (both classified as crypto assets) allowing users to chat, trade and govern. This will create a community exclusively for crypto and NFT owners with strong mutual interests. Additionally, the team is working on sketching a user portrait layer based on on-chain data to serve different Dapp developers, including group spaces and channel recommendations in Atem. Unlike web2, all values created in this web3 community will be given back to the community members as rewards. Atem's long-term goal is to make full use of on-chain data to serve different Dapp developers and become the go-to one stop solution for the social infrastructure of web3.

Commenting on the fund raising, Leo Li, CEO of Atem Network, said, "We are at the brink of massive changes brought about by Web3 which will undoubtedly become a part of our daily lives in the future. It's our great honor to have the support from the community and participate in this epic trend. We will keep on building great products for the community, and focus on how to better serve community and social trades."

The founding team consists of young professionals with experience across top tier tech firms, investment banks and venture capital. Leo Li is a Tsinghua University alumnus. He worked as a product manager at TikTok and a venture capitalist at INCE Capital before he became an entrepreneur in web3. Eric Chan, COO of the project, former Head of Growth Product at Bybit, has 12 years of experience in finance, technology and crypto exchange sectors and served companies including Meta, TikTok, J.P.Morgan and HSBC.

About Atem Network

Founded in November 2021, the company is currently developing its chat tool product which aims for beta release in mid-March, 2022. Atem Network will be offering its very first 5,000 limited edition NFT passports to the crypto and NFT communities. Anyone who holds the passport will get first-hand experience on the Atem platform and additional future rewards. More information can be found on Atem's page (https://www.atemnet.com).

Social Links
Twitter: https://twitter.com/atem_network
Telegram: https://t.me/atem_official
LinkedIn: https://www.linkedin.com/company/atemnetwork
Discord: https://discord.gg/vdRGVpF7

Media Contact
Company: Atem Network Pte. Ltd.
Contact: Simone, Public Relations Director
E-mail: hello@atemnet.com
Website: https://www.atemnet.com/

SOURCE: Atem Network Pte. Ltd.

GensoKishi is the blockchain gaming iteration of the traditional videogame, Elemental Knights Online. The Rise of GameFi It is easy for those of us who follow the GameFi and Metaverse spaces closely to feel that we are late to the party. Axie Infinity’s AXS token has provided early investors with a roughly 4,000% return on […]

The post GensoKishi: A Blockchain Gaming Revolution appeared first on Coin Bureau.

GensoKishi Online “META WORLD,” a new GameFi version of the iconic game Elemental Knights, recently announced its first NFT auction.

The post This popular Japanese game is about to auction its first NFT appeared first on CryptoSlate.

One of the fastest-growing cryptocurrency exchanges, Bybit, recently joined the non-fungible token (NFT) bandwagon by launching its own marketplace.

The post All you should know about the newly launched Bybit NFT Marketplace appeared first on CryptoSlate.

Cryptocurrencies are evolving with new technology and growing interest. The blockchain has made cryptocurrencies very valuable investments for millions of people all over the world. If you want to invest in bitcoin, ethereum or other cryptocurrencies, then you can easily purchase them over the blockchain. You just need to know which exchange to use and […]

The post Guidelines on Trading Cryptocurrency Over the Blockchain appeared first on SmartData Collective.

Bullish FLOW price prediction is $7.28 to $13.11. The FLOW price will also reach $15 soon. FLOW bearish market price

The post has appeared first on thenewscrypto.com

ParaSwap is a multi-chain decentralized exchange (DEX) aggregator on the Ethereum blockchain. ParaSwap is a middle layer that aims to create a better user experience when dealing with various DeFi…

The post What is ParaSwap (PSP): A Guide on the DeFi Enabler  appeared first on CoinCentral.