Pixelverse Raises $5.5M to Drive Innovation in Web3 Gaming Worldwide

Pixelverse, a rapidly growing blockchain-based play-to-earn game, has successfully closed its latest funding round, raising $5.5 million. This influx of capital will enhance the development of its gaming ecosystem and entertainment studio, further promoting Web3 gaming adoption globally.

Top-Tier Investors Join the Funding Round

The funding round saw participation from several top-tier venture capital firms within the Web3 ecosystem, including Delphi Ventures, Merit Circle, Mechanism Capital, Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures. Additionally, notable angel investors such as Sébastien Borget, founder of The Sandbox, Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon also contributed.

Boosting Development and Adoption

Piers Kicks, founding partner of Delphi Ventures, emphasized the significant potential of the funding to drive development and adoption of Pixelverse, reinforcing its position as one of the fastest-growing Web3 games globally. Kicks stated, “We are pleased to back Pixelverse as they leverage Telegram’s distribution to attract a massive audience into their ecosystem. The team’s market insight, combined with community feedback, is set to bring exciting developments this year.”

Immersive Gaming Experience

Pixelverse offers an engaging cyberpunk pixelated universe featuring quest-based battles and PvE encounters. Players embark on adventure-intensive battles, collect valuable items, and enhance their skills through an extensive narrative and quest system. The recent funding follows a remarkable opening month, where the Pixelverse ecosystem attracted over 15 million users, with 5 million daily active users.

Unprecedented Growth and Future Plans

Kori Leon, COO of Pixelverse and former Binance Listing team member, remarked on the rapid growth, “In my time at Binance, I never saw such strong adoption metrics in such a short period. Pixelverse is a game changer for Web3 adoption, showcasing incredible user growth and deep community engagement.”

The funding will support Pixelverse's ambitious goal of attracting over 100 million players, aiming to become one of the world’s largest games. Leon added, “Closing this round enables us to expand our adoption strategy, positioning Pixelverse as a leading gaming and entertainment hub in Web3 and beyond.”

Innovative Features and Future Expansion

Pixelverse has introduced the Tap-to-Earn mechanism through its Telegram-based mini-game, PixelTap, where players earn rewards by engaging in real-time battles. PixelTap currently records over 10 million battles daily.

Looking ahead, Pixelverse plans to expand its browser-based realm to include multiple mini-games and immersive storytelling. The development will be guided by a world-renowned art director and world builder, enhancing the overall gaming experience.

Conclusion

With the $5.5 million funding, Pixelverse is set to accelerate its development and adoption strategy, solidifying its place as a major player in the Web3 gaming world. The platform’s innovative approach and rapid growth promise an exciting future for blockchain-based gaming.