Tribe3, a social and gamified decentralized NFT futures exchange, has raised US$2.1 million from leading Web3 VCs and strategic investors to drive the next phase of its development, including launching public beta (app.tribe3.xyz) on 3rd May 2023, accelerating growth, and scaling up operations.

Investors that participated in the funding rounds include Spartan Capital, Newman Capital, Infinity Ventures Crypto, Modular Capital, Cogitent Ventures, Blockbuilders, Founderheads, Lapin Digital, Blockhype and other angel investors.

Tribe3 is a decentralized NFT futures exchange with social and gamification elements. Users can trade NFT perpetual futures with leverage and low fees at any amount, engage in tribe battles against others in the community and earn in-game items based on trading behavior to build personalized NFT avatars. The protocol's mission is to become the go-to NFT derivatives exchange that provides users an engaging social trading experience.

The public beta of Tribe3's trading platform will go live on 3rd May 2023 on Arbitrum. During the first phase of the launch, the protocol will support 4 NFT collections including Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki, and Cryptopunks. Tribe3 will later expand to include more collections over the coming months.