According to ChainCatcher, Coinspeaker reported that MonkeyBit, an on-chain social gaming platform, has completed a $2 million seed round of financing, led by 3KBTC Capital, a Middle East Web3 fund, and participated by Hongyi Labs and other funds.

It is reported that MonkeyBit is committed to providing innovative interactive experiences for GameFi players and creating a new on-chain social entertainment ecosystem. The new funds will be used to further develop decentralized social gaming platforms and game creator tools. MonkeyBit has launched a global ambassador recruitment program.