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Darewise Entertainment, an Animoca Brands subsidiary, raises $3.5M funding for Bitcoin-based Metaverse Ecosystem Token

Darewise Entertainment, an Animoca Brands subsidiary, raises $3.5M funding for Bitcoin-based Metaverse Ecosystem Token

Darewise Entertainment Raises $3.5 Million in Pre-Sale for Bitcoin Metaverse Ecosystem

Darewise Entertainment, a subsidiary of Animoca Brands, has successfully raised $3.5 million in a pre-sale event for its upcoming Bitcoin metaverse ecosystem token. The funds will be used to further develop the ecosystem, with a focus on the company’s “AAA” MMO game, Life Beyond. This announcement comes after the reveal of the new ecosystem token on the Bitcoin blockchain, with Life Beyond as its first adopter.

Key Gaming Investors and Web3 Venture Capital Entities Participate in Pre-Sale

The pre-sale saw participation from major gaming investors and Web3 venture capital entities such as Gamefi Ventures, London Real Ventures, Citizen Capital, Blocore, Animoca Ventures, and Yat Siu (co-founder and executive chairman of Animoca Brands). This diverse group of investors demonstrates strong confidence in Darewise’s project and the integration of the Bitcoin ecosystem for a new digital experience.

Token to Power Comprehensive Ecosystem on Bitcoin Blockchain

The upcoming token by Darewise aims to create a comprehensive ecosystem on the Bitcoin blockchain that includes gaming, brand collaborations, and real-life experiences. Life Beyond will be at the forefront of utilizing this token for transactions involving in-game assets and virtual lands. The release of the ecosystem token is expected in early 2024 with support from technology provider Horizen Labs.

Investors Express Confidence in Darewise’s Project

James Lim from Blocore mentioned that they invested in Darewise and Life Beyond due to their innovative integration of the Bitcoin ecosystem and immersive digital experience. Citizen Capital, NEO Tokyo’s official venture capital arm, also expressed enthusiasm as early investors alongside Animoca Brands, highlighting the game’s impressive artwork, lore, and talented team.

CEO Benjamin Charbit Highlights Significance of Investment Round

Darewise CEO Benjamin Charbit acknowledged the importance of this investment round and welcomed investors who believe in their project and values. The wide range of investors is seen as a strong indicator of faith in building on the Bitcoin ecosystem.

Creating an Innovative Gaming Metaverse on the Bitcoin Blockchain

With the Darewise ecosystem token set to launch in early 2024 and with support from Horizen Labs, Darewise Entertainment is paving the way for an innovative gaming metaverse anchored on the Bitcoin blockchain. The CEO, investors, and the gaming community eagerly anticipate the new realm of digital interaction and economic transactions within the gaming world.

ApeCoin Ecosystem Boosted by Forj’s $APE Accelerator

Prior to Darewise Entertainment’s successful fundraising, another Animoca Brands subsidiary, Forj, launched the $APE Accelerator to endorse and fund projects that enhance the utility and value of ApeCoin. This initiative reflects Animoca Brands’ broader objective to foster blockchain-centric innovation across various digital domains. The consecutive efforts by Forj and Darewise Entertainment highlight Animoca Brands’ structured approach to leveraging and supporting blockchain technology in gaming and Web3 spaces.

Hot Take: Revolutionizing Gaming with Bitcoin Metaverse Ecosystem

The successful pre-sale by Darewise Entertainment demonstrates a growing interest in integrating cryptocurrencies into the gaming industry. By leveraging the power of the Bitcoin blockchain, Darewise aims to create an immersive digital experience where players can engage in economic transactions using a dedicated token. This innovative approach has garnered support from major gaming investors and venture capital entities. With Life Beyond as its flagship game, Darewise is positioned to reshape the landscape of digital exploration and connectivity within the gaming world.

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Darewise Entertainment, an Animoca Brands subsidiary, raises $3.5M funding for Bitcoin-based Metaverse Ecosystem Token