Pixelverse, an emerging entertainment studio and game ecosystem, has secured $5.5 million in a funding round led by prominent venture capitalists and industry leaders. This investment aims to support the global expansion of Pixelverse’s web3 gaming platform, which has attracted over 15 million users within its first month.
Kori Leon, COO of Pixelverse, commented on the funding round, stating: "Pixelverse is showing strong adoption metrics in a short period. The growth in our user base and community engagement is impressive. This funding will help us expand our strategy and aim to become a leading gaming and entertainment hub globally.”
Pixelverse Logo and Banner Art
Pixelverse is a cyberpunk-themed browser-based game, and Telegram mini-app. The game ecosystem is known for its engaging gameplay and commitment to web3 integration. Featuring a robust anti-cheat system, Pixelverse aims to offer a low-barrier entry game to onboard users into web3, providing true ownership of in-game assets and rewarding dedicated players.
Fresh $5.5 Million From Top VCs
Leading investors in this round included Delphi Ventures, Merit Circle, and Mechanism Capital. Other participants included Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures. Additionally, angel investors such as Sébastien Borget, co-founder of The Sandbox, and others like Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon contributed to the funding.
Piers Kicks, founding partner of Delphi Ventures, also shared his thoughts: “We are pleased to support Pixelverse as they leverage Telegram’s distribution to attract a large audience. The team is well-attuned to the market, and we look forward to seeing the developments they bring this year.”
Pixelverse IPs
Over 5 Million Daily Active Users
The funding comes during a period of significant growth for Pixelverse. Its quest-based cyberpunk browser and Telegram games have amassed over 15 million registered users and over 5 million daily active users. This rapid adoption positions Pixelverse to potentially transition 100 million web2 gamers to its web3 ecosystem.
Pixelverse has pioneered the Tap-to-Earn model, which rewards users for regular engagement with web3 games and mini-apps. This model places Pixelverse at the intersection of GameFi and SocialFi, earning it the nickname “the NotCoin of gaming.”
Final Thoughts
The platform's Telegram mini-app, PixelTap, records over 10 million daily battles. The browser-based version is set to expand further, with upcoming additions including multiple mini-games and immersive storytelling. Details about these enhancements and the involvement of a renowned art director will be announced soon. For more information, visit Pixelverse.
