Meta Universe Game Worldwide Webb Raises $10M in Round A Financing
It is reported that the Meta Universe Game Worldwide Webb, founded by artist and game designer Thomas Webb, today announced a round A financing of US $10 milli…
It is reported that the Meta Universe Game Worldwide Webb, founded by artist and game designer Thomas Webb, today announced a round A financing of US $10 million, led by venture capital firm Pantera Capital. This is the first round of external financing of the game since its debut in 2020. Worldwide Webb is a completely online, browser-based experience that allows players to insert Ethereum wallets and use NFT avatars from hundreds of popular collections, including Bored Ape Yacht Club, CryptoPunks, Doodles, Cool Cat, Deadfellaz, and so on.
Worldwide Webb announced the completion of $10 million round A financing
Interpretation of the news:
The Meta Universe Game Worldwide Webb has announced that it has raised US $10 million in round A financing. The game, founded by renowned artist and game designer Thomas Webb, offers a completely online, browser-based experience that allows players to insert Ethereum wallets and use NFT avatars from a wide range of popular collections, including the Bored Ape Yacht Club, CryptoPunks, Doodles, Cool Cat, Deadfellaz, and more.
This marks the first round of external financing for the Meta Universe Game, which launched in 2020. The investment was led by Pantera Capital, a venture capital firm well-known for its focus on blockchain and cryptocurrency projects.
The Meta Universe Game is part of a growing trend toward immersive, blockchain-based virtual worlds that allow players to use or trade NFTs. NFTs, or non-fungible tokens, are unique digital assets that are authenticated on the blockchain and can represent a wide range of creative works, such as digital art, music, videos, and more. Players can use NFTs as avatars, accessories, or other in-game items, which adds an extra layer of customization and rarity to the game.
The Worldwide Webb game promises to offer a vast, interconnected universe with its own economy, complete with virtual goods, services, and experiences that can be bought, sold, or traded within the game. The game is designed to be accessible to anyone with an internet connection and a compatible browser, which means there are no installation or download requirements. The game’s focus on accessibility and openness is in line with the ethos of blockchain technology, which seeks to create decentralized, peer-to-peer networks that are not controlled by any single entity.
The $10 million investment from Pantera Capital suggests a growing interest in blockchain-based gaming and virtual worlds, as well as the potential of NFTs as a new asset class. As more and more projects emerge in this space, it will be interesting to see how online gaming and digital art evolve and intersect with blockchain technology.
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