MetaverseGo, a Web3 mobile gaming platform that onboards new players via a mobile phone login, has announced that it has raised USD 4.2 million in a seed round led by Galaxy Interactive. MetaverseGo said that over the past year, Web3 gaming has seen remarkable adoption with gaming apps now driving 52% of all blockchain activity. To accelerate adoption with mainstream markets and non-crypto natives, MetaverseGo provides access to Web3 games without the usual prerequisite of understanding how to use cryptocurrencies. Using only their mobile phone number, and upon validation by a verification code, users can explore the MetaverseGo platform to discover and play a range of NFT games while earning MetaverseGo credits that can be spent on mobile data, utility bills, shopping vouchers, and more. MetaverseGo is solving this by making Web3 games accessible via a technology that everyone knows how to use — a mobile phone number,” said Ash Mandhyan, co-founder and CEO of MetaverseGo. With blockchain gaming at such a nascent stage of development, MetaverseGo aims to accelerate growth and adoption by removing all the usual challenges associated with onboarding to cryptocurrencies. MetaverseGo is led by co-founders Ash Mandhyan, Jake San Diego and JC Velasquez. Read more in our articles including "MetaverseGo P2E Mobile Gaming Platform raises USD 4.2M led by Galaxy Interactive" and "Xbox Cloud Gaming Launches 'Stream Your Own Game' Feature with 50 Titles Available".
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Nov 22, 2024MetaverseGo, a Web3 mobile gaming platform that onboards new players via a mobile phone login, has announced that it has raised USD 4.2 million in a seed round led by Galaxy Interactive. MetaverseGo said that over the past year, Web3 gaming has seen remarkable adoption with gaming apps now driving 52% of all blockchain activity.
To accelerate adoption with mainstream markets and non-crypto natives, MetaverseGo provides access to Web3 games without the usual prerequisite of understanding how to use cryptocurrencies. Using only their mobile phone number, and upon validation by a verification code, users can explore the MetaverseGo platform to discover and play a range of NFT games while earning MetaverseGo credits that can be spent on mobile data, utility bills, shopping vouchers, and more. MetaverseGo is solving this by making Web3 games accessible via a technology that everyone knows how to use — a mobile phone number,” said Ash Mandhyan, co-founder and CEO of MetaverseGo.
Our coverage of metaverse meaning includes: "MetaverseGo P2E Mobile Gaming Platform raises USD 4.2M led by Galaxy Interactive"; "Xbox Cloud Gaming Launches 'Stream Your Own Game' Feature with 50 Titles Available"; "Funko Fusion Adds Co-Op Mode and Exciting New DLC". Each article provides unique insights and information.