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Metaverse Headquarters, a Web3 Technology Company, Raises $1.1 Million in Seed Funding


Web3 Technology

March 19, 2024


Metaverse Headquarters (MVHQ) has successfully secured $1.1 million in seed funding, co-led by ConsenSys and Polygon. This funding will support the development of the MVHQ App, a platform designed to connect brands and consumers within the Web3 ecosystem. Additional investors in this round include Gate Labs, Bitcoin Frontier Fund, L Bank Labs, Axelar, Metastreet, and the MVHQ Community.

Project

Latest Raise

Latest Raise

Stage

Total Raise

Lead Investor

Category

Metaverse Headquarters

March 19, 2024

$1.1M

Seed

$1.1M

Polygon

Web3

The MVHQ App aims to simplify user interactions with Web3 technologies. Following a successful Alpha launch that attracted over 200,000 users and saw the minting of more than 5 million NFTs in the first month, the app has now officially launched. Strategic partnerships with Blast, Magic Eden, Flow, and Berachain have strengthened this launch, with guidance from advisors Julia Yan, Pacman, and Refik Anadol.


MVHQ focuses on addressing the challenges users face with other questing platforms. By prioritizing the needs of partners and delivering actionable data through seamless user experiences, MVHQ aims to improve user engagement and onboarding processes.


The platform has been instrumental in incubating several innovative products in the Web3 space and plans to continue this trajectory by collaborating with more projects. MVHQ is dedicated to enhancing the Web3 experience by providing high-quality, user-centric solutions.


About Metaverse Headquarters

Metaverse Headquarters (MVHQ) is a Web3 technology company that incubates founders, advises leaders, and develops engaging products. The company aims to create an incentivization layer for the internet, connecting brands and consumers through its app.


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Metaverse Web3 Technology

About Investor

Investor: Polygon

Description: Polygon, an Ethereum scaling solution, aims to enhance the blockchain ecosystem by providing faster, low-cost transactions. With robust infrastructure and a growing developer community, Polygon supports a wide range of decentralized applications, contributing to the scalability and usability of the Ethereum network.


Location:  United States





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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