GigaSpace Secures Investment from STEPN’s Creator Find Satoshi Lab & ProDigital Future Fund for Creating a Virtual City for Runners

GigaSpace, a dynamic web3 community metaverse, has announced a strategic investment from Find Satoshi Lab, the creator of the popular web3 lifestyle app STEPN, and ProDigital Future Fund, a leading venture capital fund in the web3 space. This investment marks a significant milestone for GigaSpace and will play a pivotal role in its upcoming strategic round, aimed at raising $3 million to accelerate the expansion plans, including the development of a STEPN virtual city tailored for the fitness-loving community.

Find Satoshi Lab’s investment in GigaSpace exemplifies the shared vision of revolutionizing the web3 community experience through innovative ideas and forward-thinking solutions. With their profound expertise in the web3 realm and a remarkable track record with STEPN, Find Satoshi Lab brings invaluable strategic guidance and resources to fuel GigaSpace’s growth and enhance its market presence.

“We’re thrilled to announce our strategic partnerships with Find Satoshi Lab and ProDigital Future Fund. With their invaluable resources and thriving community, we are excited to unlock new opportunities and provide exciting events and utilities for fitness enthusiasts within the GigaSpace ecosystem. Stay tuned for the incredible journey ahead!” says M, co-founder of GigaSpace.

GigaSpace is a collaborative metaverse that blends social and gaming elements, bringing web3 communities together in a vibrant and interactive social environment. By empowering communities to build within the metaverse, GigaSpace fosters community engagement and unlocks innovative use cases for NFTs and tokens.

The strategic investment will provide the necessary resources for the development of STEPN City, a sports-themed virtual world that encompasses a diverse range of facilities and spaces. Within STEPN City, users can explore exciting features such as the STEPN Maze, STEPN Community Center, STEPN Mall, and STEPN Tower. These immersive environments not only enable users to purchase merchandise but also serve as venues for community events and meaningful interactions.

“We at Find Satoshi Lab are extremely excited about this opportunity to strategically invest in Gigaspace and grow alongside with the dedicated team that will be building a lot of event space for our ecosystem. This marks the potential unleash of all you can imagine about recreational activities and hang-outs in the “metaverse”. We are particularly thrilled for the synergy it can bring for MOOAR and STEPN via working with Gigaspace,” says Mable Jiang, Chief Revenue Officer of Find Satoshi Lab.

Prodigital Future Fund will lead the upcoming strategic investment round for GigaSpace, driving the acceleration of the company’s expansion plans.

“We are delighted to be early believers in GigaSpace and are committed to supporting its future endeavors. Like STEPN, we recognize the team’s passion for gaming and their ability to leverage their expertise in the web3 space to create market-fit applications and experience rapid growth. Last year, while assisting STEPN in establishing its presence in Hong Kong, we had the opportunity to introduce the GigaSpace team to Find Satoshi Lab. Now, we are thrilled to join forces with Find Satoshi Lab in this investment venture. This is just the beginning of an exciting and promising future,” said Curt Shi, Founding Partner of ProDigital Future Fund and an early investor in STEPN.

About GigaSpace

GigaSpace is creating a collaborative and expansive metaverse that unites all web3 communities under a single celestial sky. By providing robust infrastructure and utilities, it empowers communities and projects to seamlessly integrate with its virtual world, saving time and resources while fostering innovation and exploration. For additional information, visit: https://www.gigaspace.io/

About Find Satoshi Lab

Founded in 2021, Find Satoshi Lab (FSL) is a gaming and development studio connecting players to Web3. FSL’s mission is to educate and introduce individuals to Web3, while encouraging healthy living, and combating climate change. FSL brands include STEPN, MOOAR, and DOOAR. For additional information on Find Satoshi Lab, visit: http://findsatoshilab.com/

About Prodigital Future Fund

ProDigital Future Fund is a Web3 venture fund led by Ben Ng, a venture partner at an Asian private equity firm called SAIF Partners, and Curt Shi, a long-time tech investor in Web3 space. ProDigital Future Fund’s investment strategy is to target early-stage and developing ventures, mostly Chinese-connected tech companies that are transitioning into emerging technologies such as Web3. For additional information on ProDigital Future Fund, visit: http://www.prodigitalfund.com/

 

 

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