Pixelverse Raises $2 Million After Launching Telegram Game

Pixelverse Raises $2 Million After Launching Telegram Game

Pixelverse Raises $2 Million in Funding Round

Pixelverse, the creators of a Telegram-based crypto game, have successfully secured an additional $2 million in funding from a consortium of venture capital firms and private investors. Notable participants in this round include Galaxy Interactive, Crit Ventures, and Arc Community, alongside prominent figures in the crypto space such as Alex Kruger, Luke Belmar, Mike Dudas, and the pseudonymous Coco Bear.

About Pixelverse

Pixelverse is a cyberpunk-themed browser-based game and Telegram mini-app that integrates deeply with web3 principles. Renowned for its engaging gameplay, Pixelverse features a robust anti-cheat system and aims to serve as an accessible gateway for users into the web3 ecosystem. It emphasizes true ownership of in-game assets and rewards dedicated players accordingly.

Fresh Funding and Expansion Goals

Following the successful launch of its cyberpunk browser and Telegram games, Pixelverse has amassed a substantial user base, boasting over 70 million registered users with 13 million active daily users. The latest funding round, totaling $2 million, is earmarked to bolster Pixelverse's expansion into media and diversify its product offerings, paving the way for sustainable growth and profitability.

Kori Leon, co-founder, and COO of Pixelverse expressed optimism about the funding's impact, stating, "This fundraising will support our growth ahead of our Token Generation Event (TGE) scheduled for this summer." Including this latest funding, Pixelverse has now raised a cumulative $7.5 million, supported by investors like Delphi Ventures, Merit Circle, and Mechanism Capital.

Introducing PixelTap: A New PvP Clicker Game on Telegram

Pixelverse has recently launched PixelTap, a tap-to-earn game leveraging the TON blockchain and accessible through the Telegram messaging app. This strategic move aims to capitalize on the increasing interest in blockchain-integrated gaming experiences, harnessing Telegram's vast user base of crypto enthusiasts.

Telegram Games and the Crypto Community

Telegram-based clicker games have garnered attention within the crypto community for integrating with the TON blockchain, originally developed by Telegram. These games enable players to earn rewards while engaging with Telegram's platform, which nears 1 billion users globally. Leading examples include Hamster Kombat and Notcoin, known for their immersive gameplay mechanics and seamless blockchain integration.

Conclusion

Pixelverse stands at the forefront of blockchain technology and gaming, focusing on innovation and enhancing user engagement. With substantial financial backing and a rapidly expanding community, Pixelverse is poised to make significant strides within the web3 gaming ecosystem.

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