Pixelverse, the cyberpunk-themed entertainment studio and game ecosystem focused on web3, has raised $5.5 million in a funding round led by venture capital firms and prominent figures from the gaming and web3 industries.
Key investors in this round include Delphi Ventures, Merit Circle and Mechanism Capital among others, alongside angel investors The Sandbox Founder Sébastien Borget, Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon.
The funding aims to support the expansion of Pixelverse’s gaming ecosystem and global reach.
Driving Mass Adoption with Innovative Gaming
Pixelverse has attracted over 15 million registered users and more than 5 million daily active users within its first month of operation through its quest-based cyberpunk browser and Telegram games.
Kori Leon, COO of Pixelverse and former Binance Listing team member, commented on the funding, “Never in my time at Binance did I see a company with such strong adoption metrics in such a short space of time. Pixelverse is truly a game changer for web3 adoption and it’s incredible to see not only the growth in our userbase but also the deep connections and interactions formed within the community. Closing this round will allow us to expand our adoption strategy as we continue on our journey to become a leading gaming and entertainment hub not only in the web3 space but globally.”
Piers Kicks, Founding Partner of Delphi Ventures, also highlighted Pixelverse’s potential saying, “We are pleased to be backing Pixelverse as they aggressively leverage Telegram’s distribution to drive a massive audience into their ecosystem. The team has a finger on the pulse of the market, and we’re excited to see what this in conjunction with community feedback brings as they deliver on their ambitious roadmap this year.”
Dubbed as “the NotCoin of gaming,” Pixelverse has introduced the Tap-to-Earn model, which rewards users for engaging with web3 games and mini-apps. The platform operates at the intersection of GameFi and SocialFi, aiming to drive user engagement with unique incentives and gaming experiences.
Currently, Pixelverse’s Telegram mini-app, PixelTap, sees more than 10 million battles daily, showcasing strong user engagement. Meanwhile, the platform’s browser-based games are expanding, promising multiple mini-games and interactive storytelling.
Learn more about Pixelverse >> Here
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The post Pixelverse Raises $5.5M for Global Expansion of Web3 Gaming appeared first on NFT Plazas.
