#web3 crypto

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. The latest in the seed round was led by Galaxy Interactive with participation from Delphi Digital, Dragonfly Capital, Mechanism Capital, Infinity Ventures Crypto (IVC), Shima Capital, Com2uS, Akatsuki, Ascensive Assets, BitScale Capital, Yield Guild Games (YGG), BreederDAO, Mentha Partners and Emfarsis. 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. “Crypto has always been hard, and blockchain games are even harder, since there are significant upfront costs to buy the NFTs needed to play. Since then, we’ve seen rapid adoption around the world, but as long as crypto onboarding is as arduous as it is today, that growth can only go so far. 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 "Blockchain games you probably haven't heard of".