BlockchainPixelverse receives 55 million in funding from wellknown venture capitalists to expand...

Pixelverse receives 55 million in funding from wellknown venture capitalists to expand its presence in Web3 gaming

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The innovative entertainment studio and gaming ecosystem known as Pixelverse has successfully completed a recent fundraising round led by top-tier venture capital funds and prominent founders from the Web3 and gaming industries. Within just one month of its launch, over 15 million users have joined the Pixelverse gaming ecosystem, with $5.5 million raised to support its further development.

Notable investors in this round include Delphi Ventures, Merit Circle, Mechanism Capital, Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures. Additionally, angel investors such as Sébastien Borget, founder of The Sandbox, Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon, have also shown support for Pixelverse.

As Pixelverse continues to experience unprecedented growth, the recent venture round has further boosted its momentum. With over 15 million registered users and more than 5 million daily active users, its cyberpunk quest-based browser games and Telegram games have gained significant popularity.

Pixelverse has quickly become a favorite among gamers, making a significant impact in the Web3 gaming community. Positioned as the leading platform to transition 100 million Web2 players to its expansive Web3 ecosystem, widespread adoption is on the horizon.

In regards to the fundraising round, Kori Leon, COO of Pixelverse and former Binance Listing team member, expressed enthusiasm, while Piers Kicks, founding partner of Delphi Ventures, commended Pixelverse for its role in pioneering the Tap-to-Earn concept, offering web3 games and mini applications as rewards for user engagement. Positioned at the intersection of GameFi and SocialFi, Pixelverse has earned the nickname “the NotCoin of gaming” due to its innovative Tap-to-Earn format.

One of Pixelverse’s popular offerings, PixelTap, a Telegram mini app, facilitates over 10 million battles daily. With plans for further expansion and the addition of a renowned world builder and art director, the browser-based Pixelverse universe is set to grow with a variety of engaging mini-games and immersive narratives. Stay tuned for more updates on Pixelverse’s exciting developments.

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