The London-based socialgaming company Mowjow has previously stated their intent to use their proprietary version of crowdfunding to raise capital. The social gaming company is creating innovative money games for everyday consumers to be played on their mobile devices.
“We have attracted firm investments of about €500,000 from more than 400 new shareholders”, states Andreas Christensen, Founder, Chairman & CEO of Mowjow.
Mowjow has developed its proprietary crowdfunding strategy as an integrated part of its “go-to-market” strategy for the upcoming launch of its skill-based game with real money prizes.
“Social interaction and innovation have allowed us to effectively sell out all of our planned initial five tranches and get us closer to our investor base and our scheduled commercial launch and the upcoming public listing,” states Christensen.
“We’re thankful and excited by the great reception Mowjow receives; the commitment and dedication of all these stakeholders will collectively secure a successful launch of the Mowjow game shortly” states Christensen.
This article was originally published as a press release on September 26, 2013.