Gaspack, a Web3 technology startup in Southeast Asia, has raised an undisclosed amount in a pre-seed funding round led by eMerge (the angel investor network of MDI Ventures) and Arise.
500 Global and Tokoin also participated.
The startup will use the money to strengthen its capabilities to empower creators and brands in the Web3 economy through Kometh, a Web3 digital comic publishing platform. It will also look to acquire world-class creators to democratise decentralised intellectual property (IP) development.
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Gaspack’s Web3 comic store Kometh is built on blockchain and allows users to purchase the rights to read the comic and own, collect, trade, sell, and gift comics. Users who wish to purchase comics on Kometh can use their non-custodial wallet to buy True Digital Comics (TDC) on the platform with ETH.
Kometh allows NFT holders to access comics from NFT projects they support to gain benefits and discounts for future comic releases. Users can also subscribe to their favourite comics and receive new content updates directly from the creator.
Kometh leverages Web3 technologies, particularly NFTs, to protect intellectual property, establish ownership over work, and build a loyal community of fans.
Gaspack supports eight creators in launching NFT projects, generating a total Gross Transaction Volume (GTV) of US$12 million in just a year. The startup has also launched its first comic titled “Garden Point” on Kometh, with nearly 17,000 digital copies sold within 1.5 hours.
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“Garden Point” features characters from the blue-chip NFT project Azuki, harnessing the potential of decentralised IP development. Written by Eisner Awards winner Paul Jenkins, this original comic captivates readers with its thrilling storyline and vibrant artwork.
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