TLDR:
Pixelverse secured an additional $2 million in funding, bringing the total amount raised to $7.5 million. This funding round attracted leading Web 3.0 venture capital firms and private investors. The company plans to expand its ecosystem and push out Web 3.0 IPs to the real world.
Pixelverse, a thriving Web 3.0 brand and game ecosystem, conducted a private funding round and secured an additional $2 million in capital. This latest funding round brought the total amount raised to $7.5 million, after initially announcing an earlier funding of $5 million. The participation of leading Web 3.0 venture capital firms and private investors in the extension of Pixelverse’s private round indicates a growing interest in blockchain gaming.
The firm plans to utilize the funding to expand its ecosystem, which includes mobile mini-games and media like PixelTap. Pixelverse, which started as a Web 3.0 gaming ecosystem, aims to make crypto accessible to more people by leveraging gaming mechanics. The company has already onboarded more than 70 million registered users and 13 million daily active users, reflecting the increasing demand for Web 3.0 mobile games within the Telegram and TON ecosystem.
Overall, the expansion of Pixelverse’s funding highlights the general interest in blockchain gaming, with many firms pursuing partnerships and deals in the ecosystem. Telegram-based games like Notcoin and Hamster Kombat have also seen significant traction, indicating a growing demand for Web 3.0 gaming experiences.
