Mocaverse Receives $10M in Funding as Animoca Brands Plans Expansion

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TL;DR Animoca Brands has raised $10 million in a new funding round for Mocaverse, bringing the total raised to $41.88 million. The funding was structured as a SAFE agreement, with a warrant for the MOCA token valued at $1 billion. Mocaverse continues its expansion, integrating on-chain identity systems and forming partnerships with platforms such as […]

Sonic Raises $12M to Expand Solana Gaming Ecosystem

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TL;DR Sonic has successfully raised $12 million in its Series A round. Led by Bitkraft and backed by Galaxy Interactive and Big Brain Holdings, to enhance its protocol on Solana. The project stands out for its focus on game development on Solana. Offering a sandbox environment and customizable tools for developers. Sonic is set to […]

Epic Games Receive $2 Billion Funding

Epic Games $2 Billion Funding

Epic Games has received the sum of $2 billion from investors as seed funding. The essence of raising this sum is to help the gaming outfit build its own metaverse. This announcement was made via the Epic Games website.

DEFY Labs Raises $3.5M Seed for its AR Game

DEFY Labs Raises $3.5M Seed for its AR Game

DEFY Labs, the developer of the DEFY move-to-earn augmented reality game has raised a $3.5 Million Seed. While making this announcement, the game developer also gave insights into its projects and their timelines. This includes the launch of the Alpha version, Trailer Drop, IEO/IDO and many others. Here are the details.