The Assembly Place invests in 2MR Labs with Temasek’s Heliconia Capital and VC Lucid Blue Ventures
The Assembly Place which is a co-living company founded in Singapore make a loud declaration that its funds are injected in 2MR Labs (Tomorrow Labs), a company founded by Arthur Lin and Takahiro Irie in June 2K22, with a specific target of tomorrow to bridge Web2 businesses to Web3 technologies.
Funded by The Assembly Place, 2MR Labs alongside Temasek’s Heliconia Capital and venture capital Lucid Blue Ventures, which laser eyed on beginning venturing phase projects in DeFi (decentralised finance), gaming and NFTs (non-fungible tokens). However, the amount invested by the firms was not disclosed.
“We invested in 2MR Labs because of their ability to build our community in the web3 space,” says Eugene Lim, founder and CEO of The Assembly Place. “Many of our members are 30 years and below and are savvy in this field. Other than just renting a room with us, we want them to continue to be our members even after leaving the place.”
Lim plans to launch a web3 platform Through 2MR Labs’ services, where previous and current activists can negotiate, exchange topics while enjoying membership tie-ups with various vendors.
Lim firmly envisioned its manifestation it is now or never to launch a web3 platform as The Assembly Place inventory piled up to 3,000 members (past and present) and more than 1,300 operational rooms. the inventory which estimate is about 1,500 rooms Including those to be completed in the coming months.
Collaboration partners utilizing 2MR Lab’s Web3 services include Weston Corp’s Limited Edt (Limited Edition) platform. Joint-venturing partnership with Adidas Singapore, 2MR Labs directed Limited Edt Singapore’s first NFT collection of 60 unique digital art pieces with purchases of limited edition Adidas Originals. the collection was sold out since its Launch on August 20, 2K22,.
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