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. “Crypto has always been hard, and blockchain games are even harder, since there are significant upfront costs to buy the NFTs needed to play. Play-to-earn really only took off in 2021 after scholarships popularized the idea of renting those NFTs, so that NFT ownership wasn’t a requirement to get started. 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. Read more in our articles including "MetaverseGo P2E Mobile Gaming Platform raises USD 4.2M led by Galaxy Interactive" and "Binamon game and BMON token: Should you spend and play?".
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Jul 22, 2021MetaverseGo, 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. “Crypto has always been hard, and blockchain games are even harder, since there are significant upfront costs to buy the NFTs needed to play.
Our coverage of metaverse nft includes: "MetaverseGo P2E Mobile Gaming Platform raises USD 4.2M led by Galaxy Interactive"; "Binamon game and BMON token: Should you spend and play?"; "Mist game and MIST token: Should you spend and play?". Each article provides unique insights and information.