Pixelverse, a cyberpunk-themed entertainment studio and game ecosystem, has secured $5.5 million in funding from famous venture capital firms and key industry figures to fuel its expansion in the Web3 gaming sector. The funds will be used to expand Pixelverse’s offerings and increase its presence on global platforms.
The round continued with participation from Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures, along with angel investors including Sébastien Borget, founder of The Sandbox Metaverse, Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon.
The company, best known for its cyberpunk-themed games, attracted a staggering 15 million users within its first month, with daily active users surpassing 5 million. This huge investment aims to enhance the studio’s rapid growth and further develop its innovative gaming ecosystem.
“Never in my time at Binance did I see a company with such strong adoption metrics in such a short space of time. Pixelverse is truly a game changer for web3 adoption and it’s incredible to see not only the growth in our userbase but also the deep connections and interactions formed within the community. Closing this round will allow us to expand our adoption strategy as we continue on our journey to become a leading gaming and entertainment hub not only in the web3 space but globally.”
Said, Kori Leon, COO of Pixelverse and former Binance Listing team.
An Innovative Gaming Model
Pixelverse is leading the way with the “Tap-to-Earn” model in its gaming apps. The model integrates GameFi and SocialFi elements to create an engaging user experience. It has been effective, with over 10 million battles taking place daily through PixelTap, their Telegram-based mini-app. There are plans to introduce more mini-games and immersive storylines to expand the Pixelverse realm.
With a strong focus on making Web3 accessible and fun, Pixelverse continues to break new ground in the gaming industry. The addition of globally recognized talents in art direction and world-building is anticipated to enrich the gaming experience, promising an exciting future for players and investors alike.
“We are pleased to be backing Pixelverse as they aggressively leverage Telegram’s distribution to drive a massive audience into their ecosystem. The team has a finger on the pulse of the market, and we’re excited to see what this in conjunction with community feedback brings as they deliver on their ambitious roadmap this year.”
Piers Kicks, founding partner of Delphi Ventures