Dubai-based Web3 gaming startup Exverse secured a USD 3 mn investment in a private funding round, according to a press release.The round was led by blockchain investors Cogitent Ventures, Cointelligence, and Moonrock Capital, with participation from KuCoin Labs, Seedify, ChainGPT, and US-based games company, Epic Games.
Where the money is going: The investment will be allocated towards Exverse ’s upcoming alpha launch, the release of its token, as well as to establish strategic partnerships and expand marketing efforts across the Asia-Pacific region.
About Exverse: Founded in 2020 by Nikita Uriupin (LinkedIn), Exverse is a gaming studio focused on developing first-person shooting games with Web3 elements. Exverse’s game has already seen 65k registrations ahead of the alpha launch, according to the statement.