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ZTX - Seed
Overview
Funding Date
August 16, 2023
Financing amount
$13M
Valuation
--
Catagory
Subcategory
About ZTX - Seed
Prominent South Korean metaverse platform Zepeto is expanding into the blockchain space with its ZTX (ZepetoX) initiative, created in partnership with Jump Crypto—and today, ZTX announced a $13 million seed round led by its venture capital partner. The Jump Crypto-led round includes other investors such as Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Unknown | -- | 79 | -- | ||
| Fund | United States of America | 2018 | 77 | info@collabcurrency.com | ||
| Fund | United States of America | 2019 | 7 | info@parataxis.io | ||
| Fund | Japan | -- | 14 | -- | ||
| Fund | Hong Kong | -- | 24 | -- |
Founders & Team
Chris Jang
Company Profile / Project Introduction
ZTX is a web3 virtual world empowering creators and communities. Founded in 2022, ZTX is the joint blockchain initiative of Jump Crypto and ZEPETO — the largest avatar social network in Asia with over 400 million lifetime users. ZEPETO is a hybrid product exhibiting strong elements of both social network platforms and user-driven casual gaming platforms. As the UGC-driven nature and creative economy aspect of ZEPETO grows, ZTX aims to cater to the new demands of creators by building an on-chain open world where users can more robustly participate in governance and economics when creating and selling digital assets.