KapKap closes $10 million funding round led by Animoca Brands

According to the news, KapKap announced the completion of a $10 million funding round, led by Animoca Brands, Shima Capital, Mechanism Capital, Klaytn Foundation, and Big Brain Holdings; the strategic round was led by Unicorn Verse, and Rzong Capital and BGX Capital participated.

Based on AI native Web3, the company launched KAPS (Key Attention Pricing System) to quantify users' “attention and reputation” and distribute rewards; currently, it has about 1.7 million monthly activity and 25,000 daily activity, and has developed IP partnerships with SNK, “The King of Fighters” (The King of Fighters), “Samurai Shodown” (Samurai Shodown), BAYC, and ApeCoin DAO.