Playbox Raises $2 Million in Seed Round Financing Led by Binance Labs

According to reports, Playbox, a blockchain based e-commerce metaverse platform, has completed a seed round financing of $2 million, led by Binance Labs, with participants including Gate.io, Tron, CertiK, Ankr, IMO Ventures, LIF, Math Wallet, and OFR. Playbox is a metaverse platform with a Shop&Earn system, allowing users to shop at over 20000 merchants worldwide and earn cash returns. Playbox stated that it will launch more Earn mechanisms in the future.

E-commerce metaverse platform Playbox completed a $2 million financing

In the world of e-commerce and blockchain, a new player has emerged promising to change the game – Playbox. Playbox, a new metaverse platform, recently completed seed round financing of $2 million, with the funding led by Binance Labs. Other participants in the seed round included Gate.io, Tron, CertiK, Ankr, IMO Ventures, LIF, Math Wallet, and OFR.
Playbox promises to revolutionize the way people shop online. With a “Shop&Earn” system, users can shop at over 20,000 merchants worldwide and earn cash returns. The company has announced that it will launch more earn mechanisms in the future.

What is Playbox?

Playbox is a blockchain-based e-commerce metaverse platform that aims to make online shopping more rewarding than it has ever been. The platform allows users to shop at over 20,000 merchants worldwide and earn cash rewards, making online shopping more rewarding and enjoyable.
Playbox is built on top of blockchain technology, ensuring transparency and security for users. With blockchain technology, every transaction on Playbox is recorded and cannot be altered, ensuring that transactions are secure and transparent.

Seed Round Financing

Playbox raised $2 million in seed round financing from Binance Labs and other investors, including Gate.io, Tron, CertiK, Ankr, IMO Ventures, LIF, Math Wallet, and OFR.
The seed round financing will be used to develop the Playbox platform and to expand its operations. With the funding, Playbox plans to launch new earn mechanisms and to expand its platform to more merchants worldwide.

Shop&Earn System

Playbox’s Shop&Earn system is a unique feature that allows users to earn rewards while they shop. By shopping at over 20,000 merchants worldwide, users can earn cash rewards that they can use to buy more products on the Playbox platform.
The Shop&Earn system is easy to use. Users simply need to shop at their favorite retailer through the Playbox platform, and they will be rewarded with cash returns that they can use to buy more products on the platform.

The Future of Playbox

Playbox has ambitious plans for the future. The company is focused on expanding its platform to more merchants worldwide, creating more earn mechanisms for users, and providing a seamless and enjoyable shopping experience on its platform.
With blockchain technology as its foundation, Playbox is set to revolutionize the way people shop online. Its focus on transparency and security, combined with its unique Shop&Earn system, makes Playbox a platform that is worth keeping an eye on.

Conclusion

Playbox is a new e-commerce metaverse platform that promises to change the way people shop online. With its unique Shop&Earn system and focus on blockchain technology, Playbox is set to revolutionize the e-commerce industry.
With seed round financing of $2 million from Binance Labs and other investors, Playbox is well-positioned to expand its platform, launch new earn mechanisms, and provide a seamless and enjoyable shopping experience to its users.

FAQs

What is Playbox?

Playbox is a blockchain-based e-commerce metaverse platform that aims to make online shopping more rewarding.

How does Playbox’s Shop&Earn system work?

Playbox’s Shop&Earn system allows users to earn rewards while they shop. By shopping at over 20,000 merchants worldwide, users can earn cash rewards that they can use to buy more products on the Playbox platform.

Who participated in Playbox’s seed round financing?

Binance Labs led Playbox’s seed round financing, with other participants including Gate.io, Tron, CertiK, Ankr, IMO Ventures, LIF, Math Wallet, and OFR.