March 13, 2024
DegenVerse, a Web3 gaming platform, has closed a $2.60 million pre-seed funding round. The investment was led by Boyaa Interactive and included participation from several other investment organizations. DegenVerse aims to provide an open, fair, and transparent gaming ecosystem by combining an e-sports platform with a gaming ecosystem.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
DegenVerse | Mar 13, 2024 | $2.60M | Pre-Seed | $2.60M | Boyaa Interactive | Gaming |
DegenVerse includes two main components: the Degen Champion E-sports metaverse and the Degen EcoPlay gaming ecosystem. These components are designed to create a decentralized and fair gaming environment where digital assets, game rules, and transaction records are managed by blockchain-based smart contracts. This ensures players have control over their virtual identities and digital assets within the ecosystem.
The platform incorporates a "Player Help Player" design concept to enhance traditional games' social aspects and interactivity. Features such as friend mutual assistance, social expressions, and invitation rewards aim to increase player engagement and interaction.
The DegenVerse governance token, $DGG, allows token holders to participate in the platform's governance and development. The economic model of $DGG is designed to ensure the long-term value growth of the ecosystem.
DegenVerse has developed several games, including DegenGame, a blockchain card strategy battle game. The company plans to release a new version of DegenGame with enhanced gameplay and preseason rewards worth up to $300,000. Another game, DegenDark, is also set to be released soon.
The new funding will support the development of the Degen EcoPlay platform and game matrix, expand the scope of Degen Champion’s events, and further establish DegenVerse as a player in the Web3 gaming space.
About DegenVerse:
DegenVerse is a Web3 gaming platform offering global users an e-sports and gaming entertainment ecosystem. The platform is built on decentralization, fairness, and transparency principles, allowing players to control their virtual identities and digital assets within the ecosystem.
Website: https://degenverse.com/
X Account: https://x.com/degen_game
X Followers today: 50k
Investor: Boyaa Interactive
Description: Boyaa Interactive is an investment firm specializing in digital entertainment and gaming projects. The firm focuses on supporting projects within the gaming sector.
Location: Hong Kong
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