Categories: BlockchainBusinessNews

NEO Global Capital Sees A Winner In Muzika

Muzika, a South Korean blockchain project, has announced the successful completion of an investment deal with NEO Global Capital Strategic Partnerships. Indeed, this investment deal will see to it that the Muzika’s project does not lack funds as well as provide resource integration of the two partners. Based in Singapore, NEO Global Capital is the investment arm of NEO Foundation, and the investment company is one of the largest virtual currency holders in the Asia Pacific region.

NEO Global Capital Has a Mission

NEO Global Capital has a clear mission. The firm is out to disrupt existing business models by funding real-world companies. To NEO Global Capital, Muzika mirrors a project that aligns perfectly in its mission. So, that’s why they are injecting some reasonable investment funds in a startup project that could bubble under the radar. The musical platform currently has over 2 million users, and other investors have also shown interest in injecting some funds into the project. Impressively, many of these investors are highly rated companies from the blockchain industry. They include T3 Ventures, 256 Ventures, and Everest Ventures Group. These companies aren’t merely interested in Muzika but have also demonstrated their capacity to disrupt the global music industry.

The NEO Group Founder Praises Muzika

The Founder of NEO Global Capital, Tony Gu, explains what caught his fancy about the Muzika’s project. Gus stated that the Muzika team has demonstrated their convincing business management capacity and expertise in the industry. He noted that the Muzika/Ontology partnership gives the startup an edge in the industry regarding the ecosystem operability and technological infrastructure. NEO Global Capital, he said, would contribute its quota to the betterment of the global music industry through investing in relevant projects.

More on NEO Global Capital

Indeed, NEO Global Capital’s focus is investing in blockchain-driven projects. Muzika is certainly not the first project that NEO Global Capital has made an investment in. Sure, the investment firm has also injected some funds in Bluezelle Ecosystem, Ontology, P2P Network Trinity, and Ruffchain. The company is growing rapidly. Experts say that the growth is a result of doing strict due diligence before investing in projects. Previous projects that NEO Global Capital invested in have become roaring successes today. With this investment, Muzika can grow and expand to other markets.

According to Muzika’s CEO, Inseo Chung, NEO Global Capital has set the project on the right path. He noted that the musical startup is about to “set off for an exciting journey ahead.

Chung was visibly excited about the new deal.

 

Join our Telegram Group To Stay Up To Date With Crypto News

 

David Pena

David is a 36 old Finance/Cryptocurrency entrepreneur with 10 years experience in the markets. He currently resides in South Florida. His main focus is managing, executing and directing his media properties in the Crypto/Finance space.

Share
Published by
David Pena
Tags: 256 VenturesBlockchainBluezelle EcosystemEverest Ventures GroupInseo ChunginvestmentMuzikaNeo Global CapitalP2P Network TrinityRuffchainSingaporeSouth KoreastartupT3 VenturesTony Gu

Recent Posts

  • Altсoins
  • Bitcoin
  • Exchange
  • News

Top Running Cryptocurrencies January 4th, 2019

One of the top performing cryptocurrencies of the day is REPO. REPO (REPO) is currently up 72.75% compared to USD…

6 years ago
  • Blockchain
  • Business
  • News

Gaming Giant Atari Plans to Bring Its Popular Games on Blockchain Platform

As the world is moving towards Blockchain, gaming giant Atari too wants to dip its toe into the emerging technology.…

6 years ago
  • Altсoins
  • Blockchain
  • Business
  • Exchange

Overstock’s tZERO Working on a Crypto Token to Trade Cobalt

Private equity firm GSR Capital has hired tZERO, an Overstock.com subsidiary, to develop digital token for trading cobalt. Overstock said…

6 years ago
  • Blockchain
  • News
  • Regulation

UAE Banks’ Advisory Council Consider Blockchain Adoption

On Monday, December 17th, Gulf News reported that the advisory council of the United Arab Emirates Banks Federation (UBF) can adopt blockchain use…

6 years ago
  • Ban
  • Business
  • Controversy
  • News
  • Regulation

French Financial Regulator Blacklists Four Crypto Websites

France's financial regulatory watchdog - Financial Market Regulator (AMF) is working aggressively to bring down unauthorized crypto companies. The AMF…

6 years ago
  • Altсoins
  • News

Digix Stablecoin (DGX) Comes With the Backing of Gold

There's a flood of new stablecoins hitting the cryptocurrency space in the last few months. A stablecoin is basically a…

6 years ago