Pixelverse Completes Private Round With $5.5 Million Secured

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As a seasoned crypto investor with a keen interest in the Web3 gaming space, I’m thrilled to witness the impressive strides made by Pixelverse. The recent $5.5 million funding round, led by reputable VCs and prominent angel investors, is a testament to the immense potential of this emerging game ecosystem and entertainment studio.

Before wrapping up the initial month of mainnet operations, the gaming ecosystem of Pixelverse attracted more than 15 million users. The newly acquired funds will be put towards increasing the acceptance and usage of Web3 games, enhancing their features, and raising public consciousness.

Pixelverse raises $5.5 million in private funding, Delphi Ventures and Mechanism Cap backed round

Based on the announcement from Pixelverse’s team, this innovative entertainment company and gaming ecosystem, recognized for being at the forefront of the industry, has successfully concluded a financing round with top-tier venture capital firms and notable angel investors taking the lead.

Pixelverse, an up-and-coming game platform and studio in the industry, successfully secured $5.5 million in funding from prominent venture capitalists and Web3 pioneers. Some of these investors include Delphi Digital, Merit Circle IO, Mechanism Capital, and Bitscale Labs, as well as angel investors like Sebastien Borget and Dingalingts, among others.

— Pixelverse (@pixelverse_xyz) June 12, 2024

Five million five hundred thousand dollars were collectively invested in Pixelverse by esteemed venture capital firms Delphi Ventures, Merit Circle, and Mechanism Capital. Additionally, Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures contributed to the financing round for this company.

As an analyst, I’d rephrase it as follows: I noticed that the round drew investment from esteemed angel investors such as Sébastien Borget of The Sandbox (SAND), Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon.

As the COO of Pixelverse and a seasoned member of Binance‘s Listing Team, I, Kori Leon, am thrilled about the possibilities this latest funding round brings to our project and its dedicated community.

In my experience at Binance, I haven’t encountered a company with such remarkable adoption rates in such a brief period. Pixelverse is revolutionizing web3 adoption, and it’s astounding to witness not just our expanding userbase but also the meaningful relationships and engagements fostered within our community. Completing this funding round will enable us to broaden our adoption tactics as we strive to establish ourselves as a premier gaming and entertainment destination, not only in the Web3 sector but on a global scale.

Back in April 2024, I was thrilled to learn that Pixelverse had forged a partnership with Mon Protocol. This collaboration aimed to enhance the gaming experience within the Web3 realm according to U.Today’s earlier reports.

Pixelverse accomplishes five million daily active users

At a point of exceptional expansion for Pixelverse, marked by all-time high user numbers, the company has achieved a triumphant close to its funding round. Its quest-based cyberpunk browser and Telegram games now boast an impressive 15 million registered users and over 5 million daily active ones.

As a researcher studying the latest trends in gaming, I’ve noticed an exciting development in the Web3 space with Pixelverse leading the charge. This innovative platform is rapidly gaining mainstream acceptance and is poised to be the first to bring over 100 million gamers from the Web2 world into its expansive Web3 ecosystem. Instead of mass adoption remaining a mere joke or meme, Pixelverse is making it a tangible reality.

Additionally, Pixelverse and its Web3 offerings have gained recognition as the “Gamified Cryptocurrency of Gaming” due to their engaging Tap-to-Earn initiatives.

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2024-06-13 14:01