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Bullieverse has secured $4 million in a funding round. The platform aims to boost its metaverse experiences using the funds.
Bullieverse is an Open Metaverse platform created for creators and players. The platform seeks to provide Web3 experiences that will create an immersive environment. Gamers on the platform enjoy a unique experience, transparency, and a play-to-earn economy.
Bullieverse raises $4 million
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The $4 million funding round was spearheaded by OKX Blockdream Ventures. The other firms that participated in the funding round include Fundamental Labs, LD Capital, Genblock Capital, Mintable, 6thMan Ventures, Shima Capital and more.
Bullieverse allows content creators to develop their own games and make them accessible to the community. It also allows players to purchase and lend assets. The leading game on the platform is The Bear Hunt, which was released in January 2022, and will be publicly available during the first quarter of the year.
Mike Dudas and Serge Kassardjian from 6thMan Ventures commented on the funding round, saying,
As investors in the Web 3.0 space, we focus on product and the team. Bullieverse clearly has a top tier metaverse-gaming product and is led by a very experienced and balanced team.
The two spokespersons of 6thMan Ventures stated that working with Bullieverse showed the true potential of Play-and-Earn gaming platforms. They noted that Bullieverse could become a leader in the gaming sector.
Bullieverse will boost its metaverse experience
The CEO and co-founder of Bullieverse, Srini Anala, noted that the completion of the funding round was a major development for Bullieverse. Through the funding round, the gaming company had everything needed to achieve its vision of being “The Metaverse.” Part of the funds will be used to boost its “Play, Earn, Own and Experience” model.
“There are very few Web 3.0 projects that have a live product before token launch – and we are one of them. We are also the first 3D metaverse play on Unreal Engine with a live game. The next 12 to 18 months of execution is critical, and we look forward to that”, Anala said.