NFT Game Treeverse Valued at $25M and Backed by Animoca Brands

NFT Game Treeverse Valued at $25M and Backed by Animoca Brands

At the beginning of 2023, amidst a crypto market downturn that saw many projects falter, some stood out for their continuous updates and commitment to delivering polished products. One such standout is Treeverse.

What is Treeverse?
Treeverse is an NFT game belonging to the MMORPG genre, built for mobile platforms. Players immerse themselves in a vast, open world where they can explore, conquer, and engage in various activities within a mythical universe inspired by medieval legends.

Developed against the backdrop of ancient deity lore, Treeverse begins in Elderwall, a city protected by a colossal World Tree. Players embark on quests, gather resources for weapon crafting, and collaborate to discover the game's expansive world.

The game features graphics reminiscent of ancient mythologies, appealing to enthusiasts of both classical and manga styles. Notably, Treeverse operates on a free-to-play model, allowing players full access without needing to own game-specific NFTs initially.

Gameplay Highlights

  1. Character Classes:
    Players choose from three main classes—Knight, Archer, and Mage—each tailored for distinct strategic approaches across various game modes.
  1. Game Features:
  • Exploration and Quests: Players undertake missions across different locations within Treeverse, earning substantial rewards upon completion.
  • World Building: As an open-world game, Treeverse enables players to create and manage their own territories, inviting friends and guild members for visits.
  • Weapon Crafting: Players can forge and trade various weapons, fostering a robust player-driven economy.
  • Cooperation and Combat: Engage in PvE battles solo or team up to tackle powerful dungeon monsters.

NFT Integration
Treeverse incorporates three primary NFT types:

  • Timeless NFTs: These character profile picture NFTs serve as in-game avatars, customizable and tradable on platforms like OpenSea.
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  • Plots NFTs: Equivalent to land parcels, these allow players to construct buildings and homes, with additional functionalities like renting and customization.
  • Nftrees NFTs: Used to cultivate special fruit-bearing trees, these NFTs can be sold to other players for profit, with higher-quality fruits fetching substantial prices due to their limited supply.

Tokenomics
The game employs three currencies:

  • Gold Saps: Primary in-game currency for transactions.
  • Prime Emeralds: Supplementary currency for purchasing additional features.
  • ROOT: Highest-value token used for premium features access.

Funding Rounds
Treeverse successfully raised $2.5M in funding on December 5, 2023, attracting investments from notable entities such as Animoca Brands, Sky Mavis, YGG, Faze Clan, Immutable, Pudgy Penguins, Pixelmon, Pixels Online, and Pixel Vault.

Development Team
Endless Cloud, with over 50 employees, leads Treeverse's development. The team includes members with notable contributions to games like League of Legends, Rainbow 6 Siege, Horizon Zero Dawn, Dark Souls 3, and Marvel Spiderman.

Conclusion
Treeverse stands out as a promising NFT MMORPG, combining visually appealing graphics with experienced developers from traditional gaming and Web3 sectors. Positioned to bridge mobile gaming with Web3 features, Treeverse aims to become a prominent name in the NFT gaming space, attracting a diverse community of players in the future.

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