Animoca Brands Corporation Ltd subsidiary Darewise Entertainment has raised US$3.5 million in a presale for its forthcoming token, the cornerstone of a metaverse ecosystem facilitated by Darewise which will include the upcoming 'AAA' MMO game Life Beyond as its first adopter.
The presale attracted key investors from the gaming and Web3 sectors, including Gamefi Ventures, London Real Ventures, Citizen Capital, Blocore, Animoca Ventures and Yat Siu, co-founder and executive chairman of Animoca Brands.
"We invested in Darewise and Life Beyond because we are drawn by its pioneering integration of the Bitcoin ecosystem and an immersive experience that promises to reshape the landscape of digital exploration and connectivity," said Blocore founder James Lim.
Bitcoin-based ecosystem The soon-to-be-launched token will power a comprehensive Bitcoin-based ecosystem for gaming, brands and in-real-life experiences.
Life Beyond is set to be the first gaming metaverse to use the token for in-game assets and virtual lands.
Darewise CEO Benjamin Charbit highlighted the investor diversity, stating, “For this round, we are thrilled to welcome meaningful investors who not only believe in our project and values but who also come from across the spectrum of gaming and Web3 culture.
“It’s a significant indicator of confidence in building on the Bitcoin ecosystem.”
A spokesperson for Citizen Capital, the official VC arm of NEO Tokyo, said: "Life Beyond is one of those projects you see and never forget. (...)