Moso, a new venture blending online shopping with cryptocurrency, announces a $2 million seed funding to enhance consumer crypto rewards.
This initiative marks a key step in their business growth, promoting broader use of digital currencies.
Investors including Symbolic Capital, Dao5, Coinlist, and Polygon Ventures, along with key strategic angels, have backed the venture, signaling positive market confidence in Moso's innovative business model.
"Moso's efforts to integrate e-commerce with cryptocurrency open new avenues for consumer participation in digital currencies," commented Sandeep Nailwal, founder of Polygon.
Moso's platform currently collaborates with over 2,000 retailers, such as Walmart, eBay, and Shopee, to offer seamless cryptocurrency rewards, making it easier for consumers to earn digital currency while shopping online.
"Moso is pioneering a shift in online shopping, merging it with the evolving web3 landscape," said Blake Capozza, Co-Founder & CEO of Moso. "Our platform democratizes access to web3, allowing consumers to easily engage with decentralized technologies."
Conclusion
Looking ahead, Moso is committed to expanding its shop-to-earn model, aiming to increase user engagement and enhance the overall online shopping experience.
The company's innovative approach supports not just e-commerce growth but also the broader adoption and understanding of cryptocurrencies through everyday transactions.
