Exverse, a rising star in the gaming industry, recently announced that it has successfully secured $3 million in a private funding round. The company is dedicated to revolutionizing the AAA first-person-shooter genre by utilizing Web3 technology to deliver a cutting-edge gaming experience. Unlike many other Web3 gaming models that prioritize tokenomics and marketing over game development, Exverse is committed to crafting a high-quality game that caters to both mainstream gamers and crypto enthusiasts.
Led by prominent investors such as Cogitent Ventures, Cointelligence, and Moonrock Capital, Exverse’s private funding round garnered significant support from industry giants like KuCoin Labs, Epic Games, Seedify, and ChainGPT. The $3 million raised will be used to propel the game’s development, establish strategic partnerships, and enhance marketing efforts. By securing key industry collaborations, Exverse aims to ensure a successful market entry strategy and a sustainable business model.
Fei Ooi Hoong, the CEO of Exverse, emphasized the company’s approach to game development, stating that their primary goal is to create a visually captivating and engaging game experience akin to popular titles like ‘Call of Duty,’ ‘Halo,’ and ‘Counter-Strike.’ By prioritizing gameplay over token mechanics, Exverse aims to attract a wider audience and set itself apart from the competition. The company plans to integrate token rewards based on skill, rather than pay-to-win models, to create a fair and rewarding gaming environment.
Exverse offers players an immersive experience set across three distinct planets – Social, Quest, and Battle. Each planet caters to different gaming preferences while contributing to an overarching narrative. The game features competitive gameplay, advanced physics, and dynamic visuals, all powered by Epic’s Unreal Engine 5. Players can engage in social events, seasonal cycles, and create user-generated content within Exverse’s expansive universe. The game’s focus on skill-based rewards and in-game NFTs offers players the opportunity to stake tokens and earn profits based on performance, promoting a competitive yet fair gaming environment.
Overall, Exverse’s innovative approach to Web3 gaming and commitment to delivering a high-quality gaming experience set it apart in an increasingly competitive industry. With strategic partnerships, cutting-edge technology, and a focus on gameplay, Exverse is poised to make a significant impact on the gaming landscape.