Metaverse advertising and tech firm Luna Market has rebranded to Insomnia Labs to reflect increasing demand for its web3 branding, it announced on Wednesday. Major companies such as Under Armour, Curry Brands, WPP, and L’Oreal have trusted the New York, NY-based metaverse firm founded by young entrepreneurs. Work on the NFT earned Insomnia Labs the Grand Prix Awards for Best Use of a Multi-Platform Campaign at the New York Festivals Advertising Awards. Insomnia Labs recently received $1.5 million in funding from Polygon, Animoca Brands, HBJ Investments, Eden Ventures, Concept Art House, and other investors. Billy Huang, Chief Executive and Co-Founder of Insomnia Labs, said,“From tactical activations to year-long partnerships, we work tirelessly to embed culture and identity to our campaigns.

Source: Libya Today August 18, 2022 10:13 UTC