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Today: June 24, 2024
June 12, 2024
1 min read

Pixelverse Scores $55M Funding to Revolutionize Web3 Gaming

TLDR:

  • Pixelverse secures $5.5 million in funding from top VCs to drive Web3 gaming.
  • The platform has seen significant growth, attracting over 15 million users since its launch.

Pixelverse, an entertainment studio and game ecosystem, announced the successful completion of a $5.5 million funding round led by Delphi Ventures, Merit Circle, and Mechanism Capital. The participation of other notable venture capital funds and individuals in the gaming and Web3 sectors highlights strong confidence in Pixelverse. The platform has experienced unprecedented growth, with over 15 million users and 5 million daily engagements. This success positions Pixelverse as a leader in the Web3 gaming world, aiming to attract 100 million Web2 gamers to its ecosystem.

The Tap-to-Earn model pioneered by Pixelverse rewards users for engagement with Web3 games and mini apps, earning it the nickname of “the NotCoin of gaming.” With over 10 million battles fought daily in its Telegram mini app, PixelTap, and plans to expand its browser-based realm with renowned art directors, Pixelverse is poised for further growth and innovation in the gaming and entertainment industry.

Key figures in the industry, such as Kori Leon and Piers Kicks, expressed their excitement and support for Pixelverse’s trajectory, emphasizing the platform’s strong adoption metrics and community connections. As Pixelverse continues its journey to become a leading gaming and entertainment hub, the funding secured in this round will enable the company to expand its adoption strategy and deliver on its ambitious roadmap.

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