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ID Planet, a Web3 Metaverse Layer 1 Blockchain Hub, Secures $80M in Series B funding, accelerating the Web3.0 metaverse


Web3 Metaverse Layer 1 Blockchain Hub

July 09, 2024


ID Planet, a Web3 Metaverse Layer 1 Blockchain Hub, has triumphantly secured a substantial Series B funding of USD 80 million. This achievement could potentially usher in a new epoch in the evolution of Web3 super public chains and metaverse blockchain games. The successful funding round is not only a testament to the market's endorsement of ID Planet's technological advancements and business strategy, but it also provides a robust boost to its ongoing efforts to build the Web3.0 ecosystem.

Project

Latest Raise

Latest Raise Date

Stage

Category

ID Planet

$80M

July 09, 2024

Series B

NFT, Web3, Gaming

As per the senior executives of ID Planet, this includes a massive investment of 80 million US dollars from a renowned American investment firm. This crucial landmark not only showcases ID Planet's formidable capabilities and exceptional accomplishments in fostering digital innovation, but it also reflects a steadfast belief in its prospects.


About ID Planet

ID Planet is a leading Web3 Metaverse Layer 1 Blockchain1. They have a series of significant milestones planned for the years 2024 and 2025. Some of these include the launch of their ID Testnet Token & Mining Machine, Global ID Mining, Supreme Legend Game, Cool Gods Game, IDC20 Wallet, Layer 1 EVM Public Presentation, Blockchain Ecosystem in Cool Gods Metaverse, ID.Friend (SocialFi) App, ID Coin Swap to Mainnet, listing on TOP Major CEX, launch of their centralized exchange IDPLANETXC, their DEX ID.SWAP, Supreme Legend and Cool God Game Gold Farming, their NFT Marketplace ID.NFT, and the full launch of the Game Ecosystem


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A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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