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An additional $2 million is secured by Pixelverse from Web3 VCs ✨

An additional $2 million is secured by Pixelverse from Web3 VCs ✨

The Success of Pixelverse in the Web3 Space

Pixelverse, a prominent Web3 brand and game ecosystem, has recently secured an additional $2 million in private funding, bringing its total funding to $7.5 million. This latest update, shared with Finbold on July 12, shows the significant support Pixelverse has gained from investors. The funding was provided by Galaxy Interactive, Crit Ventures, and Arc Community, as well as notable angel investors such as Alex Kruger, Coco Bear, Luke Belmar, and Mike Dudas, the founder of The Block.

Encouraging Growth in the Pixelverse Ecosystem

The expansion of the Pixelverse ecosystem has been a primary focus following the successful funding round. With millions of players already engaged in the platform, the new investment aims to fuel further growth and development within the Pixelverse community.

– The initial $5.5 million funding round attracted investments from key players like Delphi Ventures, Merit Circle, and Mechanism Capital.
– Pixelverse’s cyberpunk-themed browser and Telegram (TON) games have attracted over 70 million registered users and 13 million active daily users, highlighting the demand for Web3 mobile games.
– The team at Pixelverse is dedicated to long-term sustainability and accessibility, aiming to make crypto more approachable through gaming mechanics.

Revolutionizing Web3 within the TON Ecosystem

Pixelverse is committed to reshaping the landscape of Web3 gaming by utilizing the attention economy to create immersive and engaging experiences for its users. Ryan You, Partner and Co-Head of Gaming at Galaxy Interactive, commended Pixelverse’s innovative approach and its ability to drive Web3 adoption within the TON ecosystem.

– By combining Telegram’s tap-to-earn mechanics with social features, Pixelverse has successfully onboarded millions of players to mobile games featuring popular characters from both crypto and Web2 IPs.
– The developer’s focus on creating mass-market-friendly games has positioned Pixelverse as a leading developer in Telegram mini-app games, capturing the interest of investors keen on the growing TON ecosystem.

Hot Take: Embracing Innovation and Growth in Web3

Pixelverse’s recent success in securing additional funding underscores the growing interest and support for innovative Web3 projects within the crypto community. By leveraging gaming mechanics and accessibility, Pixelverse has positioned itself as a key player in driving Web3 adoption and creating engaging experiences for millions of users worldwide.

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An additional $2 million is secured by Pixelverse from Web3 VCs ✨