Pixelverse, the emerging entertainment studio and game ecosystem, has closed a funding round led by tier-1 VC funds and prominent founders from across the gaming and Web3 space. A total of $5.5M was raised to fund the growth of the Pixelverse gaming ecosystem that has attracted over 15 million users in less than its first month of operation.
Lead investors included Delphi Ventures, Merit Circle, Mechanism Capital. Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, and Foresight Ventures also participated, along with angel investors including Sébastien Borget founder of The Sandbox, Luca Netz, Dingaling, DCF GOD, Grail, and James Kwon.

The venture round arrives at a time when Pixelverse is enjoying record growth. Its quest-based cyberpunk browser and Telegram games now have more than 15 million registered users and over 5M daily active users. 
Pixelverse has emerged as a trailblazer in the Web3 gaming landscape, rapidly achieving mainstream adoption. Poised to become the first platform to transition 100 million Web2 gamers to its expansive Web3 ecosystem, Pixelverse is turning the notion of mass adoption from a mere meme into a tangible reality.
Kori Leon, COO of Pixelverse and former Binance Listing team, had this to say about the round:

Pixelverse has been instrumental in pioneering the Tap-to-Earn narrative that rewards regular engagement with fun web3 games and mini apps. It operates at the intersection of GameFi and SocialFi, with its Tap-to-Earn format causing it to be dubbed “the NotCoin of gaming.”
More than 10M battles are waged daily in Pixelverse’s Telegram mini app, called PixelTap. The browser-based Pixelverse realm, meanwhile, is set to be expanded further to encompass a universe replete with multiple mini-games and immersive storytelling thanks to the onboarding of world renowned art director and world builder with further details to be announced soon.
About Pixelverse
Pixelverse is a cyberpunk themed entertainment studio and game ecosystem that’s making web3 fun and accessible to the masses. Pixelverse aims to create a low-barrier entry game to onboard users into web3, offering true ownership of in-game assets and rewarding dedicated players, whilst creating an immersive gaming experience geared towards mass adoption and web2 gamers.

Before conclude, I'll leave you with the Tap-To-Earn Game that is generating the most profits for me: enter the following PixelTap link 👉 t.co/P8Coss92Qp and start having fun and generating free tokens.
Let's make history and break our goals together! 💪🔥
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#TonChain #TopCoinsJune2024 #TON $NOT $BNB

1. Market Cap Milestone: Toncoin Surpasses $18.5 Billion, Securing 10th Place Among Cryptocurrencies.
2. Trading Surge: Toncoin's 24-Hour Volume Jumps Over 50% to $228 Million.
3. Price Rally: Toncoin Records Over 5% Daily and Nearly 6% Weekly Growth.
4. Telegram Integration Boosts Toncoin: Speed Test Victory and Durov's $30 Billion Valuation Announcement Propel Rise.
5. Bullish Momentum: Charts Indicate Potential Breakout Above $5.5, Eyeing New Highs Between $6.9 and $7.

TonCoin has achieved significant milestones, with its market cap now exceeding $18.5 billion, reflecting a surge in investor confidence. Additionally, trading volume has spiked by over 50% in the last 24 hours, reaching an impressive $228 million.
The cryptocurrency's price has also seen notable gains, climbing approximately 5% in the last day to reach $5.42, and nearly 5.8% in the last week. This growth is particularly remarkable when considering TonCoin's ranking, price, and market cap just a month ago.
TonCoin's journey to the top has been marked by strategic moves and pivotal moments. In September 2023, the launch of its Telegram-based TON wallet propelled it to beat Tron as the 15th largest asset by market cap. Certik later confirmed TON as the fastest and most scalable blockchain, capable of over 104,000 transactions per second.
Furthermore, announcements by Telegram Founder Pavel Durov, including the revelation of a new ad-revenue sharing system for Telegram channel managers, significantly influenced TonCoin's growth. Durov's reports of Telegram being valued at over $30 billion in anticipation of a potential IPO further bolstered investor sentiment.
In terms of price action, TonCoin appears poised for a significant price surge. Forming a triple top formation against the $5.5 resistance, it may be on the brink of breaking above this level. If successful, the cryptocurrency could encounter resistance at $5.7 before aiming for new all-time highs around $6.9 to $7. Key support and resistance levels to monitor include $4.5 - $4.6 and $6.9 - $7.

$TON

#VOC #VoiceOfCrypto #Crypto #BinanceLaunchpool #TonChain