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Pixelverse secures $2M, bringing funding $7.5M; to go into crypto education

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Pixelverse secures $2M in funding, bringing its total to $7.5M. it also plans to go into crypto education as it releasing new updates to its game.

Pixelverse, a rapidly expanding Web3 gaming platform with over 50 million users, is implementing a multifaceted strategy to solidify its position in the crypto gaming sector.

During a recent X Space hosted by The Open Network (TON), Pixelverse revealed key updates as it moves towards its token generation event (TGE), also known as a token sale.

One major announcement was the securing of an additional $2 million in funding from prominent venture capital firms. This new capital will primarily be used to enhance Pixelverse’s marketing efforts and increase product awareness.

Pixelverse also plans to launch a YouTube channel aimed at addressing barriers to entry for newcomers. This channel will make the Pixelverse experience more accessible by providing viewers with a comprehensive understanding of Web3 and cryptocurrency fundamentals.

Aside from the revelations made on the X Space, Pixelverse also unveiled updates it has implemented for PixelTap, the popular Telegram Mini App for the project’s initial game. 

This update introduces several new features: the Wheel, which allows users to win unique prizes based on their level and luck; a social profile feature, enabling users to share more personal information beyond game statistics; and Telegram Stars integration, allowing users to buy bots or skip tasks required for leveling up.


ICYMI: How Games like Pixelverse will transform Web3 gaming

Pixelverse has also addressed bugs and made improvements based on user feedback. This update aims to simplify the user experience and may introduce new features to keep players engaged.

Pixelverse’s recent actions indicate a strategic shift toward long-term growth. The company is working to establish a sustainable ecosystem within the web3 gaming landscape by educating new users, enhancing the user experience, and securing additional funding.

With its expanding player base, improved funding, and planned educational initiatives, Pixelverse seems poised for long-term success in the fast-paced web3 gaming industry. The launch of their YouTube channel is particularly anticipated, as it could attract a broader audience and drive user acquisition.

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