Singaporean communication company Avatar's GoodGang Labs raises $2 million in seed funding, with investment from Kakao Investment.

According to BlockBeats news on May 25th, Singaporean communication company GoodGang Labs announced the completion of a $2 million seed round of financing with participation from Kakao Investment, as reported by Technode. The funds from this round of financing will be used to build the 3D environment kiki town. GoodGang Labs will also launch GangHouse for Web3, which allows users to communicate in real-time using NFTs as a medium. GoodGang Labs stated that they had previously received investments from Naver, Kimgisa Lab, Naver Z, and Planetarium, but the specific amount was not disclosed.