According to Foresight News, according to VentureBeat, the Web3 social game ecosystem Soulbound announced that it has completed US$4 million in financing, with participation from iAngels, Animoca Brands, Big Brain Holdings, NGC Ventures, Panony, Delta Blockchain Fund, and Blocklords CEO David Johansson. The new funds will be used to establish game partnerships, increase social interactions, and expand anchor bounties and social tasks.

Soulbound evolved from Popdrip, an NFT-based sticker and social content publishing platform, to allow players, streamers and creators to earn non-transferable DRIP tokens through a partnership with the Twitch live streaming platform. The TGE is expected to take place in the second half of 2024.