NFT Startup Metagood Closes $5 Million Funding Round with Animoca Brands Involved

NFT startup Metagood closed a $5 million Pre-seed round with participation from Animoca Brands, Morgan Creek Capital founder and CEO Mark Yusko, and Virgin Group investment manager Freddie Andrewes. The funds raised will be used toward growing the company, hiring new talent, and building OnChainMonkey's community and tools.

The company launched its flagship NFT collection OnChainMonkey to create tokenized value for community members. It also aims to give members the chance to promote and fund social good projects through its DAO.