Pixelverse receives $5.5 million in funding to bring Web3 games to the world

Pixelverse, the emerging entertainment studio and gaming ecosystem, has closed a round of funding led by top VC funds and well-known founders from the gaming and Web3 space. A total of $5.5 million was raised to fund the growth of the Pixelverse gaming ecosystem, which has attracted more than 15 million users in its first month of operation.

Major investors include Delphi Ventures, Merit Circle, Mechanism Capital. Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX and Foresight Ventures also participated in the financing, and angel investors include The Sandbox founder Sbastien Borget, Luca Netz, Dingaling, DCF GOD, Grail and James Kwon.

The venture funding comes at a time of record growth for Pixelverse, whose mission-based cyberpunk browser and Telegram game now has more than 15 million registered users and more than 5 million daily active users.

Pixelverse has become a trailblazer in the Web3 gaming space, quickly gaining mainstream adoption. On track to be the first platform to move 100 million Web2 gamers to its vast Web3 ecosystem, Pixelverse is taking the concept of mass adoption from a simple idea to a concrete reality.

Kori Leon, COO of Pixelverse and formerly of the Binance listing team, said of the funding round: “In my time at Binance, I have never seen a company have such strong adoption metrics in such a short period of time. Pixelverse has truly changed the game for web applications, and we have seen growth not only in our user base, but also inCommunityIt’s incredible to see the deep connections and interactions that are formed within the community. After this round of financing, we will continue to expand our application strategy, not only in web3 field, and has become a leading gaming and entertainment hub worldwide.”

Piers Kicks, founding partner at Delphi Ventures, said: “We are excited to support Pixelverse as they actively leverage Telegram’s distribution capabilities to bring a large audience into their ecosystem. The team has their finger on the pulse of the market and we look forward to seeing how they move forward with their ambitious roadmap this year.”CommunityThe result of combining feedback.”

Pixelverse was instrumental in pioneering the Tap-to-Earn model, which rewards users for frequent engagement with fun online games and mini-apps.It is a fusion of GameFi and SocialFi, and its Tap-to-Earn format is called "NotCoin in Gaming".

Over 10 million battles are played every day in Pixelverse’s Telegram mini-app, PixelTap. Meanwhile, the browser-based Pixelverse realm will expand to include a universe with multiple mini-games and an immersive storyline, thanks to the involvement of world-renowned art directors and world builders, with more details to be announced soon.

About Pixelverse

Pixelverse is a cyberpunk-themed entertainment studio and gaming ecosystem that is making web3 Gaming becomes fun and accessible to the masses. Pixelverse's goal is to create a low barrier to entry game that allows users to enter the third generation of web games, provide true game asset ownership, reward loyal players, and create an immersive gaming experience for mass gamers and second generation web game players.

learn more:https://pixelverse.xyz/

The article comes from the Internet:Pixelverse receives $5.5 million in funding to bring Web3 games to the world

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