Pixelverse Secures $5.5 Million in Funding Amid Record Growth in Web3 Gaming Sector

  • Pixelverse, an emerging entertainment studio and gaming ecosystem, has successfully concluded a funding round managed by leading figures in VC funds, gaming, and the Web3 space.
  • In its first month, Pixelverse attracted more than 15 million users and raised a total of $5.5 million to finance the growth of its gaming ecosystem.
  • Key investors include Delphi Ventures, Merit Circle, Mechanism Capital, Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures, along with angel investors like The Sandbox’s founder Sébastien Borget.

Discover how Pixelverse’s record-breaking growth and recent funding round are setting new trends in the Web3 gaming industry.

Record Growth

This funding round comes at a time when Pixelverse has been recording unprecedented growth. Its mission-based cyberpunk browser and Telegram games currently boast over 15 million registered users and more than 5 million daily active users. As a leading Web3 gaming platform, Pixelverse is rapidly gaining mainstream adoption. The platform is on track to be the first to transition 100 million Web2 players into the Web3 ecosystem, turning mass adoption from a mere meme into a tangible reality.

Management Insights

Kori Leon, Pixelverse COO and former member of Binance’s Listing team, commented on the funding round:

“During my time at Binance, I had never seen a company with such strong adoption metrics in such a short period. Pixelverse is truly a trailblazer in Web3 adoption, and witnessing the growth of our user base and the deep connections formed within our community is incredible. The completion of this funding round will allow us to expand our adoption strategy as we continue our journey toward becoming a leading gaming and entertainment hub, not just in the Web3 space but globally.”

Piers Kicks, co-founder of Delphi Ventures, added:

“We are delighted to support Pixelverse, which has drawn a substantial audience to its ecosystem by aggressively leveraging Telegram’s distribution. The team is keenly attuned to market trends, and we are excited to see what this ambitious roadmap and community feedback will bring this year.”

Innovative Gaming Experiences

Pixelverse has pioneered the Tap-to-Earn model that rewards regular engagement with fun Web3 games and mini-apps. Operating at the intersection of GameFi and SocialFi, the Tap-to-Earn format has led to the term “NotCoin of gaming.” Pixelverse’s PixelTap Telegram mini-app sees over 10 million battles per day. Expansions are underway for the browser-based Pixelverse world, promising a universe filled with numerous mini-games and immersive storytelling, driven by the hiring of a world-renowned art director and world builder. More details will be announced soon.

Conclusion

Pixelverse is experiencing unprecedented growth, bolstered by a successful funding round and the enthusiastic support of both investors and users. With ambitious plans to transition millions of players into the Web3 ecosystem, Pixelverse is at the forefront of making mass adoption a reality. Stay tuned for more updates as Pixelverse continues to innovate and lead in the Web3 gaming space.

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Jocelyn Blake
Jocelyn Blakehttps://en.coinotag.com/
Jocelyn Blake is a 29-year-old writer with a particular interest in NFTs (Non-Fungible Tokens). With a love for exploring the latest trends in the cryptocurrency space, Jocelyn provides valuable insights on the world of NFTs.
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