The Animoca Brands subsidiary’s metaverse ambitions are backed by several investors, including Gamefi Ventures and Animoca Ventures.
The reports of the death of the metaverse have been greatly exaggerated, and venture capital continues to flow into companies developing it—or at least developing what many in Web3 hope will be the next generation of gaming experiences. On Tuesday, “Life Beyond” developer Darewise Entertainment announced that it had raised $3.5 million in token presales.
“For this round, we are thrilled to welcome meaningful investors who not only believe in our project and values but who also come from across the spectrum of gaming and Web3 culture,” Darewise Entertainment CEO Benjamin Charbit said in a statement. “It’s a significant indicator of confidence in building on the Bitcoin ecosystem.”