Bittime -Rising entertainment studio and gaming ecosystem, Pixelverse has just closed a funding round from the gaming industry and Web3. A total of $5.5 million or around IDR 88 billion was collected to support the growth of the Pixelverse gaming ecosystem with more than 15 million users in the first month.
Who are the Pixelverse Investors?
Source: https://x.com/pixelverse_xyz/
Lead investors in this funding include Delphi Ventures, Merit Circle, and Mechanism Capital. Participation also came from Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures.
In addition, several angel investors such as The Sandbox founder Sébastien Borget, Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon took part.
This venture funding comes amid record growth for Pixelverse with its main mission through browser games and cyberpunk-themed Telegram. Player adoption has now reached more than 15 million registered users and more than 5 million daily active users.
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What is Pixelverse?
Source: https://pixelverse.xyz/#start
Pixelverse is a cyberpunk-themed entertainment studio with a gaming ecosystem that makes Web3 gaming fun and accessible.
Pixelverse's goal is to make it easier for users to enter the world of web3 gaming. This is reflected by providing ownership of real game assets and rewarding loyal players.
On its way to becoming the first platform to move 100 million Web2 gamers to the vast Web3 ecosystem, Pixelverse is taking the concept of mass adoption from a simple idea to a concrete reality.
This is what the COO of Pixelverse said
Pixelverse COO who was previously a member of the listing team at Binance, Kori Leon said about this funding round:
"In my time at Binance, I've never seen a company have such strong adoption metrics in such a short period of time. Pixelverse is truly changing the game for web applications, and it's been incredible to see not only the growth of our user base, but also the deep relationships and interactions that have resulted in formed in the community," explained Kori Leon.
“After this funding round, we will continue to expand our app strategy to become the leading gaming and entertainment hub not only in the Web3 space, but also globally," he added.
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Views from the Founders of Delphi Ventures
Founding partner at Delphi Ventures, Piers Kicks stated:
"We're excited to support Pixelverse as they actively leverage Telegram's distribution capabilities to bring a large audience to their ecosystem. The team really understands the market and we look forward to what they can achieve with community feedback on their ambitious roadmap this year."
Source: https://x.com/pixelverse_xyz/
Pixelverse played a key role in pioneering the Tap-to-Earn model, which rewards users for frequent participation in fun online games and mini-apps.
It's a mix of GameFi and SocialFi, and its Tap-to-Earn format is called "NotCoin in Games."
More than 10 million battles are played every day in the Telegram Pixelverse mini-app, PixelTap.
Meanwhile, the browser-based world of Pixelverse will expand to include a universe with a variety of mini-games and immersive storylines, thanks to the participation of world-renowned art directors and world builders, with more details to be announced soon.
Conclusion
Through this latest funding, Pixelverse plans to continue expansion and innovation, with the vision of becoming a globally recognized entertainment and gaming powerhouse. With an experienced team and support from leading investors, the future of Pixelverse has great potential to pioneer a new era of more inclusive and exciting gaming.
For more information about gameplay and the latest developments from Pixelverse, you can visit the official Pixelverse website
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