Mantle EcoFund Completes $5M in Fresh Funding to Accelerate SocialFi and Gaming

Mantle EcoFund, launched in July 2023 following a governance vote by the Mantle community, has deployed $5 million in fresh funding to innovative SocialFi and Web3 gaming projects within the Mantle Ecosystem.

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Operated by Mirana Ventures, the fund boasts a capital pool of $200 million, positioning itself as one of the largest ecosystem funds in the space. This second capital call highlights Mantle’s dedication to leveraging SocialFi and gaming to onboard the next billion users to Web3.

The recent funding beneficiaries include MetaCene, Blade Games, Co-Museum, Fingerlabs, L3E7, and DreamOS. These projects exemplify the transformative potential of SocialFi and gaming applications, contributing to the growth and momentum of the Mantle Ecosystem.

1. MetaCene: A New World Awaits

MetaCene is crafting a next-generation blockchain MMORPG set in a surreal post-apocalyptic society. Players will interact with diverse NFTs, engaging in innovative PVE and PVP gameplay, governed by social guild DAOs and sustainable economic systems. With the support of Mantle EcoFund, MetaCene is preparing for the launch of their governance token, a new game playtest, and an official Chrome Mini-Game.
"MetaCene is thrilled to partner with Mantle. We are leveraging Mantle's robust platform to build our features, benefiting from its low fees, fast transactions, and exceptional security."

Henry Ferr, CMO of MetaCene

2. Blade Games: Sharpening Web3’s Gaming Edge

Blade Games is pioneering on-chain gaming infrastructure with its modular ZK on-chain game engine, built on the WebAssembly and zkWASM tech stack. Their core game, Dune Factory, combines tower defense with factory gameplay, featuring PvE, PvP, and raids. With Mantle EcoFund's support, Blade Games aims to push the boundaries of on-chain gaming.
"Blade Games is excited to have Mantle participate in our seed round. This partnership will boost the adoption of Blade Game's ZK game engine, enabling the emergence of more genuinely playable on-chain games."

Alex, Founder of Blade Games

3. Co-Museum: Curating the Future of Art Culture

Co-Museum is a community-driven cultural collective dedicated to democratizing ownership of significant artworks and artifacts. With Mantle EcoFund's backing, Co-Museum is poised to redefine access to art by creating a new kind of cultural institution.
"Mantle's focus on onboarding more people into Web3 resonates with Co-Museum. We are excited about the opportunity to build on Mantle and bring accessibility and scalability to art and culture."

Chaw Weiyang, Founder of Co-Museum

4. Fingerlabs: Connecting Content, Creators, and Consumers in Web3

Fingerlabs, a subsidiary of FSN, is revolutionizing web3 content distribution with their platform, Xclusive. Their first IP, "Beginning ≠ Youth," a BTS-inspired drama, marks their entry into Web3 entertainment. With Mantle EcoFund's investment, Fingerlabs is set to lead a transformation in global content distribution.
"As Mantle Network expands its influence, we anticipate extensive collaborative opportunities between Mantle and Fingerlabs. This year, we will premiere innovative content exclusively on Xclusive."

Sangseok David Lee, CEO of Fingerlabs

5. L3E7: Mapping the Future of AR Meets Web3 Gaming

L3E7 offers a cyberpunk virtual world mirroring Earth, utilizing advanced location-based services. Their state-of-the-art rendering engine creates an immersive gaming experience. With support from Mantle EcoFund, L3E7 plans to launch its second NFT collection and further game tests.
"L3E7 aims to onboard more Web2 users to Web3 through unique social gameplay and LBS elements. We see huge market potential, as games like Pokemon Go have millions of daily active users."

Grey, Founder of L3E7

6. DreamOS: Streamlining the Crypto User Experience

DreamOS, a Web3-native operating system, simplifies the user experience within crypto. Featuring the Dream Store for dApps and an omnichain wallet interface, DreamOS provides an accessible, intuitive way to manage digital assets. With Mantle EcoFund’s backing, DreamOS will launch MantleOS, an all-in-one portal for the Mantle Ecosystem.
"DreamOS simplifies the wallet experience, making it accessible to everyone, whether crypto-native or not," said Dom, Founder of DreamOS.
A Vision for the Future

“We are thrilled to support the next generation of SocialFi and Web3 gaming projects, transforming how users engage with the internet. The fresh capital injection from Mantle EcoFund opens new avenues for growth and networking opportunities for founders,” said David Toh, partner of Mirana Ventures.

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About Mantle EcoFund and Mantle

Mantle EcoFund, established by the Mantle community, aims to fuel the growth of the Mantle Ecosystem with a $200 million capital pool. Mantle Ecosystem comprises Mantle Network, a decentralized autonomous organization (DAO), Mantle Treasury, and Mantle LSP, all built on Ethereum. Mantle token ($MNT) is the unified product and governance token. Mantle Network’s modular architecture and rollup security model aim to drive the mass adoption of token-governed technologies.

For more information, visit Mantle EcoFund.