Exverse, a free-to-play Web3 game, recently closed a private funding round, successfully raising $3 million from key investors in the industry. The funding round, led by Cogitent Ventures, Cointelligence, and Moonrock Capital, saw contributions from notable names like KuCoin Labs, Epic Games, Seedify, and ChainGPT. This financial injection will be crucial in advancing the game’s development, establishing strategic partnerships, and expanding marketing efforts. Unlike other Web3 gaming models that prioritize tokenomics and marketing over gameplay, Exverse aims to focus on delivering a top-tier gaming experience for both mainstream gamers and crypto enthusiasts.
Exverse’s CEO, Fei Ooi Hoong, emphasizes the company’s unique approach to Web3 gaming. By prioritizing the development of a visually appealing and engaging game akin to popular titles like “Call of Duty,” “Halo,” and “Counter-Strike,” Exverse aims to attract a wide audience. The game’s strategic partnerships will play a vital role in ensuring successful development, a sustainable business model, and an effective market entry strategy. By incorporating token mechanics that reward skill rather than simply relying on tokenomics, Exverse hopes to create a gaming experience that stands out in the Web3 space.
One of Exverse’s key features is its expansive universe spread across three unique planets – Social, Quest, and Battle. Each planet offers a different gaming experience while maintaining a cohesive narrative throughout the game. With an emphasis on competitive gameplay, advanced physics, and dynamic visuals, Exverse promises an immersive gaming experience for its players. Additionally, the game allows players to participate in social events, seasonal cycles, and even create user-generated content within the game’s universe.
Utilizing Epic’s Unreal Engine 5, Exverse combines blockchain technology with high-quality, real-time gameplay. Unlike traditional pay-to-win models, Exverse focuses on skill-based rewards, allowing players to stake tokens at the beginning of a season. Top performers in the game have the opportunity to earn profits from in-game NFTs, including cosmetic items and skins. This unique approach to integrating blockchain technology into gameplay sets Exverse apart from other Web3 games on the market.
Exverse’s commitment to delivering a high-quality gaming experience through strategic partnerships, innovative gameplay mechanics, and blockchain integration marks a significant step forward in the Web3 gaming landscape. By focusing on the needs and preferences of both mainstream gamers and crypto enthusiasts, Exverse has the potential to revolutionize the way we think about Web3 gaming.