OnChainMonkey Team Announces $5M Pre-Seed Funding Round

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MetaGood, the team behind OnChainMonkey, announced a pre-seed funding round of $5 million in a tweet this morning.

The funding round, which will help MetaGood tackle its mission to "empower communities to be catalysts for collective action," includes participation from noted web3 investor and advisor Animoca Brands, Joe Montana's early-stage VC firm, and Morgan Creek Capital.

“We launched the company on the concept of using NFTs as an expression where everyone does good things for each other and the good stuff is tokenized and exchangeable,” Metagood co-founder Bill Tai told TechCrunch in an exclusive interview.

Tai's co-founder Amanda Terry told TechCrunch that the funds would be used for "growing the company, hiring new talent, and building OnChainMonkey’s community and tools."

Metagood's first NFT project, OnChainMonkey, recently announced Ryan Carson as a project advisor and released Season 2 of its DAO.

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Logan Hitchcock

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Logan is a content lead at Lucky Trader and is best known for selling every good NFT far too early. He also maintains an irrational exuberance for clay-based NFTs.

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