Pixelverse Secures $5.5M from Top VCs to Propel Global Web3 Gaming Expansion

Pixelverse, a burgeoning entertainment studio and game ecosystem, has successfully raised $5.5 million in a highly competitive funding round led by premier VC funds and prominent founders from the gaming and Web3 sectors.

Pixelverse, a burgeoning entertainment studio and game ecosystem, has successfully raised $5.5 million in a highly competitive funding round led by premier VC funds and prominent founders from the gaming and Web3 sectors. This significant investment will support the rapid expansion of the Pixelverse gaming ecosystem, which has already attracted over 15 million users within its first month of operation.

Leading Investors and Strategic Support The funding round saw participation from top-tier investors including Delphi Ventures, Merit Circle, and Mechanism Capital, who led the initiative. Other notable participants were Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures. The round also attracted significant contributions from angel investors such as Sébastien Borget, founder of The Sandbox, along with influential figures like Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon.

Record Growth and Mainstream Adoption Pixelverse is experiencing unprecedented growth, with its quest-based cyberpunk-themed browser and Telegram games amassing more than 15 million registered users and over 5 million daily active users. Positioned as a trailblazer in the Web3 gaming landscape, Pixelverse is on track to become the first platform to transition 100 million Web2 gamers to its expansive Web3 ecosystem, effectively turning the concept of mass adoption into a tangible reality.

Executive Insights and Strategic Vision Kori Leon, COO of Pixelverse and former member of the Binance Listing team, commented on the successful funding round: “During my tenure at Binance, I never witnessed a company achieving such strong adoption metrics in such a short time. Pixelverse is revolutionizing Web3 adoption, fostering deep community connections, and experiencing remarkable user growth. This funding will enhance our adoption strategy as we aim to become a global leader in gaming and entertainment.”

Piers Kicks, founding partner of Delphi Ventures, added: “We are excited to back Pixelverse as they leverage Telegram’s distribution to attract a massive audience. The team’s market acumen, combined with community feedback, will drive their ambitious roadmap this year. The integration of Pixelverse’s ecosystem into the broader gaming and entertainment market is a strategic move that positions them uniquely for sustained growth.”

Innovative Tap-to-Earn Model and Community Engagement Pixelverse is at the forefront of the Tap-to-Earn movement, a pioneering concept that rewards regular engagement with entertaining Web3 games and mini-apps. By operating at the intersection of GameFi and SocialFi, Pixelverse’s Tap-to-Earn format has earned it the moniker “the NotCoin of gaming.”

Daily, more than 10 million battles occur in Pixelverse’s Telegram mini-app, PixelTap. This high level of engagement is a testament to the platform’s compelling game mechanics and community-driven approach. The browser-based Pixelverse realm is set to expand further, encompassing a universe replete with multiple mini-games and immersive storytelling experiences. This expansion is bolstered by the onboarding of a world-renowned art director and world builder, with further exciting details to be announced soon.

Comprehensive Vision for the Future Pixelverse’s vision extends beyond just gaming. The platform aims to integrate various aspects of digital entertainment, creating a holistic ecosystem that includes social interaction, community-building, and economic incentives. The newly acquired funds will accelerate the development of innovative features and enhance the overall user experience, ensuring that Pixelverse remains at the cutting edge of the Web3 gaming revolution.

About Pixelverse Pixelverse is a cyberpunk-themed entertainment studio and game ecosystem dedicated to making Web3 fun and accessible. By offering low-barrier entry games, true ownership of in-game assets, and rewarding dedicated players, Pixelverse aims to create an immersive gaming experience that promotes mass adoption among Web2 gamers. The platform’s innovative approach and strong community focus have positioned it as a leader in the rapidly evolving Web3 space.

For those interested in joining the Pixelverse community or learning more about its groundbreaking initiatives, visit Pixelverse.