Metaverse startups that are going to make a real difference
In this issue we want to give you projects with real user potential that are still in the startup phase. Of course, not all IDO tokens are meant to skyrocket in price so we have to be careful which ones caught the most attention and also who are the most prominent investors believing in the proposed start-up metaverse and gameFi startups. Therefore, we are here to help you to stay ahead of the herd and get acquainted on time before it’s too late.
Latest GameFi and Metaverse Initial Offerings
Note: The underlined titles will bring you to the main websites
🎆 Boom - $1 million dollar funding support
Boom is the future social media used on an NFT platform where users can seek for opinion or information in a public or subscribed channel. Social + NFT is considered to become one the most important trends in the world of metaverse.
🔮 Cosmic Guild - The future of gaming
Cosmic Guild has included some unique features in the game. It is the bridge for Gamers and NFT owners. Once you are member, NFTs from other top tier titles can be lent to Cosmic Guild users. However, it is not just about NFTs, whereas gamers have to apply their skills too, by collecting as much loot as possible and create new content in the metaverse. The game got a successful $1,5 million dollars fundraising supported by Binance Labs, Alameda Research, DeFiance Capital and Play Ventures.
Source: Facebook
👥 Ready Player Me - $13 million raised in Series A funding !
Ready Player Me is a startup that allows users to build a single avatar that can be used across several virtual platforms. A user can either submit a selfie of themselves or choose from a selection of prebuilt avatars to personalize.
The ultimate goal of Ready Player Me is for users to be able to keep their identity across virtual worlds by using avatars, which will act as a "connective passport for the metaverse." After that, this one avatar can be used across a variety of apps, games, and other platforms.
The company also creates tools for developers to sell in-game wearable products expressed as non-fungible tokens (NFTs), adding a layer of interoperability to the virtual fashion industry.
Currently, around 1,000 companies are using the Ready Player Me platform. With such a large capital injection into this project, Ready Player Me is set to become the default metaverse avatar creation service.
Source: coindesk.com
Piratera - Battle game that has successfully raised $1 million in the IDO
Piratera is an Open World Adventure and Idle Battle game set in a time when pirates ruled the world, inspired by the grand ideal of the “Pirate Era.”
What we personally liked about Piratera is the team’s commitment to the problem of global inflation. The firm has put into practice anti-inflation measures.
The solution to this is for players to receive a large amount of tokens as in-game rewards while the community receives tokens from sale events, airdrop, staking, etc.
These actions will cause a long-term downtrend price. Hence, the more tokens are released, the lower the token price is.
Major partnerships that are involved in this innovative game are: BSC Station, FIM Ventures, AU21 Capital, Onebit Ventures, KDG, BD Ventures and Token Suite.
Source: beincrypto.com
🐴 Darleygo - a new competitor to the popular DeRace
Darleygo is a horsing game launched on the Solana blockchain. There are not many current games that have horse racing as the main theme so this might be worth looking into.
It is the world’s first mythical horse racing game based on NFTs. On the game’s platform, players can purchase, race, collect, and breed NFT horses. Horse racing in general is a very popular activity in the United States, accounting for over $3 billion in revenue in 2021.
Another important benefit is the clear choice for the game to be deployed on the Solana Blockchain. Because of that members can pay low fees for each transaction. In addition, the high speed blockchain will allow to smoothly operate in all departments of the gameplay.
️⚽️ Do not forget to keep an eye on Sorare
Sorare is the Ethereum version of the already popular Fantasy Football. It is also very similar to the Fifa Ultimate Team, where users can manage their respective clubs, train players and compete in matches. However, this time what makes it special is that cards are treated as NFTs and everything is on-chain.
The record funding of $680 million for a startup is also a very strong indicator that Sorare is not messing around and planning for a serious surge in user case soon enough.
📚 More information about Sorare
Source: cryptotesters.com
💎 Socean - improving Solana’s security
Remember the Solana hack? No worries, a stable solution has been found. With a successful fundraising of $5,75 million , Socean is ready to increase Solana’s network security thanks to it’s decentralized algorithmic stake pool and best risk-free yields.