Singapore, November 25, 2024 – SODA, a no-code platform enabling the launch and distribution of Telegram Mini Apps (TMAs) for consumer crypto, has closed a pre-seed funding round. The round was led by Gagra Ventures, with participation from prominent angels, including Kenny Li (Founder, Manta Network), Marat Khichikov (Managing Partner, Bitfury Group), Seb (Founder, Sophon), and Omakase (early Sushiswap contributor).
The funding will fuel the December 2024 launch of SODA’s innovative platform, which aims to transform the memecoin ecosystem by simplifying onboarding, distribution, and economic sustainability.
Empowering Memecoin Growth with No-Code TMAs
SODA’s platform empowers creators by allowing them to launch Telegram Mini App games in less than a minute—no coding, art, or game design expertise required. Leveraging AI-generated assets and game presets, SODA opens the door for millions of non-technical users to create and launch TMAs seamlessly.
For players, SODA offers a frictionless entry into the Web3 space. Players can farm memecoins without gas fees or wallets, as the platform provides embedded wallet generation for Web2 users while supporting existing mobile wallets for Web3 natives.
Telegram: The Ultimate Distribution Channel
SODA leverages Telegram’s dominant position in consumer crypto as a key distribution channel. Each Mini App is equipped with essential growth tools such as AI-driven content generation, referral systems, point-based leaderboards, and social media quests, ensuring effective user engagement and retention.
A Sustainable Token Economy
SODA introduces a novel PvE token economy that prioritizes sustainability. Players can earn tokens through gameplay while in-game microtransactions, ad revenues, and sponsored quests contribute to liquidity pools. Unlike traditional models, token liquidity remains unaffected by PvP trading, ensuring a net-positive ecosystem.
Creators can grow their player base, expand content, and collaborate with Web3 projects, enabling organic liquidity growth without requiring token sales.
Future Plans and Ecosystem Partners
SODA will initially support Solana, EVM, and TON blockchains, with plans to integrate Move-based chains like Sui and Aptos. Early ecosystem partners include Sophon, Movement Labs, Berachain, and Akedo Games.
“This team of exceptional engineers is set to deliver a unique product to the market, and we’re optimistic about their success,” said Kenny Li, Founder of p0x Labs.
Website: soda.fun
Early Access Whitelist: Available Now