Exverse raises $3 million in funding and prioritizes gameplay over token economics.

Dubai-based gaming studio Exverse has raised $3 million in a private funding round led by high-profile investors. Cogitent Ventures, Cointelligence, and Moonrock Capital.

This significant investment marks a pivotal moment for the gaming industry. Unsustainable token economics and lackluster gameplay.

The infusion of capital is further strengthened by the support of industry giants such as: KuCoin Labs, Epic Games, Seedify, and ChainGPT; You are assigned to push Exverse towards upcoming milestones. It will give your preparations a boost. The game’s testnet and token launch; Drive strategic partnerships and strengthen marketing efforts, especially in the Asia Pacific (APAC) region.

Exverse prioritizes high-quality gameplay over flashy token mechanics to appeal to both mainstream gamers and cryptocurrency enthusiasts.

Amid criticism from the cryptocurrency winter, Exverse stands out as a symbol of innovation. Pitfalls of previous Web3 gaming ventures.

CEO Feiwuihong Emphasizes the company’s commitment to high quality gameplay, We argue that success in the post-bull market era will depend on empathy from mainstream gamers and cryptocurrency enthusiasts alike.

Exverse’s approach prioritizes developing AAA-level first-person shooters before incorporating token mechanics. This is a stark departure from the industry’s tendency to prioritize flashy trailers over content.

Strategic partnerships with industry leaders such as KuCoin Labs and Epic Games

Strategic partnerships play a critical role in Exverse’s roadmap to success. Before completing its private seed round, the company partnered with leading companies including: Seedify, KuCoin Labs, and ChainGPT; Each contributes expertise and resources to strengthen the foundation of Exverse.

Advisory by Maven Capital The role emphasizes the role of startups. Thorough market entry strategyguarantee solid business model side by side Attractive Gameplay.

promise against Immersive Gameplay Experience

The core of Exverse’s appeal lies in its immersive gameplay experience spanning three interconnected planets: Social, Quest, and Battle. Innovative design of the game epic’s Unreal Engine 5, Seamlessly integrates blockchain technology to provide players with a technology-driven environment without Pay-to-Win mechanisms. by Technical incentives through token staking And reward top performers. In-game NFTs, Exverse creates a competitive yet fair gaming ecosystem.

and Alpha Release Exverse has already achieved impressive results. 65,000 verified subscriptions, which represents widespread expectations within the gaming community. The upcoming 5,000-player tournament will provide a glimpse into the game’s potential and set the stage for a groundbreaking fusion of cutting-edge technology and immersive gameplay.

Seedify’s Esport Manager attests to Exverse’s incredible journey and praises the startup’s vision, leadership, and technical capabilities. As Exverse prepares for its testnet launch, support from incubators and industry veterans highlights their joint efforts to redefine the future of Web3 gaming.

Also read: How will Metaverse impact the gaming industry?