Exverse, a free-to-play Web3 game, has recently secured $3 million in a private funding round. Unlike early Web3 gaming models that prioritized tokenomics and marketing over game development, Exverse is focusing on delivering a high-quality gaming experience. By addressing flaws in existing models, Exverse aims to appeal to mainstream gamers and crypto enthusiasts alike.
Led by Cogitent Ventures, Cointelligence, and Moonrock Capital, Exverse’s private funding round attracted notable industry players such as KuCoin Labs, Epic Games, Seedify, and ChainGPT. This financial boost will be used to advance the game’s development, establish strategic partnerships, and expand marketing efforts. Partnering with key industry players will ensure successful development, a sustainable business model, and an effective market entry strategy for Exverse.
Fei Ooi Hoong, CEO of Exverse, emphasizes the company’s strategy of focusing on delivering a fun and visually captivating game before integrating token mechanics. By prioritizing a high-quality gaming experience akin to popular titles like ‘Call of Duty’ and ‘Halo’, Exverse aims to appeal to a wide audience. The game offers players an expansive universe spread across three distinct planets, catering to different gaming preferences while maintaining a cohesive narrative.
Exverse combines blockchain technology with high-quality, real-time gameplay using Epic’s Unreal Engine 5. The game emphasizes competitive gameplay, advanced physics, and dynamic visuals, offering players the opportunity to participate in social events, seasonal cycles, and create user-generated content. Unlike pay-to-win models, Exverse focuses on skill-based rewards, allowing players to stake tokens at the start of a season and earn profits from in-game NFTs based on performance.
Overall, Exverse’s innovative approach to Web3 gaming, strategic partnerships, and focus on delivering a high-quality gaming experience set it apart in the industry. By prioritizing gameplay over tokenomics and marketing, Exverse is well-positioned to attract a broad audience of gamers and crypto enthusiasts looking for a unique and engaging gaming experience. With the support of industry giants and a dedicated development team, Exverse is paving the way for the future of Web3 gaming.
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