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Web3 fan participation platform BOXBOX completed a $2.5 million financing round, led by Volt Capital and Initialized Capital.
Golden Finance reported that BOXBOX, a Web3 fan participation platform focusing on the Formula 1 market, announced the completion of a $2.5 million financing round. Volt Capital and Initialized Capital led the investment, with participation from SALT. The new funds are intended to support the construction of a platform that combines Formula 1 race prediction, blockchain rewards, and gamification, thereby changing the way traditional Formula 1 fans participate.