- Pixelverse has raised a total of $7.5 million, including $2 million from venture capital firms and other investors.
- This summer, the gaming ecosystem is organizing a token generation event (TGE).
According to a release, Pixelverse has secured an extra $2 million from venture capital firms and other investors shortly after releasing a crypto game based on Telegram.
The announcement added that in addition to well-known individual investors from the cryptocurrency community including Alex Kruger, Luke Belmar, Mike Dudas, and the fictitious Coco Bear, Galaxy Interactive, Crit Ventures, and Arc Community also took part in the fundraising.
According to a statement from Kori Leon, COO and co-founder of Pixelverse, “we are expanding into Pixelverse media and several product lines to ensure the long-term sustainability and profitability of our operations.” This fundraising will help us expand in the lead-up to this summer’s TGE.
Pixelverse has raised $7.5 million so far. Merit Circle, Mechanism Capital, and Delphi Ventures are some of the other backers of the Web3 gaming initiative.
The firm also stated in its statement that over 70 million people have registered for Pixelverse’s quest-based cyberpunk browser and Telegram games, with 13 million of those players actively using it every day. The creators of the nascent gaming ecosystem have unveiled PixelTap, a tap-to-earn game that can be accessed via the Telegram chat app and runs on the TON blockchain.
Clicker games on Telegram
Thanks to titles like Notcoin and Hamster Kombat, users may earn in-game incentives in Telegram clicker games running on the TON blockchain. These are some of the most played games right now. It’s likely that among the more than 250 million users that Hamster Kombat claims to have, there are an unidentified number of bots.
The Telegram Open Network was the name given to the TON blockchain when it was first unveiled by the messaging app Telegram. The cryptocurrency community’s favorite app, Telegram, is getting close to one billion users.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
