Pixelverse Raises $5.5M for Global Web3 Gaming Expansion

Seoul – Pixelverse, the emerging entertainment studio and game ecosystem, has successfully closed a funding round, raising $5.5M from tier-1 venture capital funds and prominent founders from the gaming and Web3 spaces. This capital injection is aimed at fueling the global growth of the Pixelverse gaming ecosystem, which has attracted over 15 million users in its first month of operation.

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The funding round was led by notable investors, including Delphi Ventures, Merit Circle, and Mechanism Capital. Other participants included Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures. Angel investors such as Sébastien Borget, founder of The Sandbox, Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon also contributed to the round.

Pixelverse is experiencing record growth with its quest-based cyberpunk browser and Telegram games. The platform now boasts over 15 million registered users and more than 5 million daily active users—turning the concept of mass adoption into a reality.

Kori Leon, COO of Pixelverse and former member of the Binance Listing team, expressed excitement about the funding round:
"Never in my time at Binance did I see a company with such strong adoption metrics in such a short space of time. Pixelverse is truly a game changer for Web3 adoption, and it's incredible to see not only the growth in our user base but also the deep connections and interactions formed within the community. Closing this round will allow us to expand our adoption strategy as we continue on our journey to become a leading gaming and entertainment hub globally."

Kori Leon, COO of Pixelverse
Piers Kicks, founding partner of Delphi Ventures, added: "We are pleased to be backing Pixelverse as they aggressively leverage Telegram’s distribution to drive a massive audience into their ecosystem. The team has a finger on the pulse of the market, and we’re excited to see what this, in conjunction with community feedback, brings as they deliver on their ambitious roadmap this year."

Innovative Gaming Experience

Pixelverse has been instrumental in pioneering the Tap-to-Earn narrative that rewards regular engagement with fun Web3 games and mini-apps. Operating at the intersection of GameFi and SocialFi, its Tap-to-Earn format has earned it the nickname "the NotCoin of gaming."

Currently, more than 10 million battles are waged daily in Pixelverse’s Telegram mini-app, PixelTap. The browser-based Pixelverse realm is set to expand further, encompassing multiple mini-games and immersive storytelling, thanks to the onboarding of a world-renowned art director and world builder.

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About Pixelverse

Pixelverse is a cyberpunk-themed entertainment studio and game ecosystem, making Web3 fun and accessible to the masses. It aims to create a low-barrier entry game to onboard users into Web3, offering true ownership of in-game assets and rewarding dedicated players while creating an immersive gaming experience geared towards mass adoption and Web2 gamers.

For more details, visit Pixelverse.