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The Silicon Review Asia

Singapore-based Atem Network Secures $3 Million in Seed Funding

Singapore-based Atem Network Secures $3 Million in Seed Funding

The seed funding round was led by INCE Capital

Web3 startup Atem Network has raised $3 million in its seed funding round. INCE Capital led the round with participation from GSR Ventures, Mask Network, Mirana Ventures, A&T Capital, Atlas Capital, Foresight Ventures, Zonff Partners, and Michael Zhang, Co-founder of Zhihu.

The Singapore-based company aims to use the funding to build a multichain web3 social platform combining decentralized community and social trades. The Atem Network platform allows group spaces that can be initiated based on tokens and NFTs (both classified as crypto assets), allowing users to chat, trade, and govern.

"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," said Leo Li, CEO of Atem Network.

The platform can help create a community for crypto and NFT owners with strong mutual interests. Atem Networks' 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.

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