LBank Labs Invests in LunarCrush: A Game-Changing Collaboration
LBank Labs, a leading blockchain venture fund, has announced its investment in LunarCrush, a social intelligence platform for crypto, NFTs, and stocks. Here are the key points:
– LBank Labs is known for its protocol and exchange-agnostic approach, providing support to projects through direct funding, acceleration, incubation, and networking.
– With a versatile $100 Million Web3 fund, LBank Labs invests in diverse opportunities, including Fund of Fund investments, Liquid projects, and Direct Investments.
– LBank Labs focuses on the Platform Standard Ecosystem (PSE), and LunarCrush excels in user acquisition, retention, and aggregation.
– LunarCrush has analyzed over 1 trillion data parameters, attracting a monthly active user base of 400,000 to 600,000 and 100 million visitors in 2022.
– LunarCrush offers multiple revenue models, including API integrations, traditional advertising, and its native token $Lunr.
Joe Vezzanie, CEO of Lunar Crush, expressed excitement about the collaboration, highlighting the synergy between their analytics expertise and LBank Labs’ scale across the trading market.
LBank Labs joins a prestigious group of investors supporting LunarCrush, including Draper Ventures, INCE Capital, TRGC, MoonPay Ventures, and Techstars.
With LunarCrush’s impressive growth, strong team, and expanding product, it is positioned to become an essential tool for investment research.
Hot Take: The investment by LBank Labs in LunarCrush signifies the growing importance of social intelligence platforms in the crypto and stock investment space. This collaboration has the potential to revolutionize how investors analyze and make decisions, and both companies are well-positioned for success in the industry.