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Metaverse News Europe


LDA Capital: $25 million to build Aftermath Islands Metaverse

7/27/2022

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The funds will be used for onboarding users and scaling Aftermath Islands’ numerous Metaverse initiatives.
Aftermath Islands Metaverse Limited, the development company behind the highly ambitious Aftermath Islands Metaverse project, has secured a $25 million commitment from LDA Capital Limited, a global alternative investment group.
The company said that the funds will be used for a wide range of project-related campaigns and programs, from user onboarding and the development of play-to-earn opportunities to the adoption of the Aftermath Islands Metaverse and the support of Aftermath Islands’ unique NFTs, digital identity solutions, cross-chain compatibility initiatives, play to earn programs, and other cutting-edge decentralized applications at the intersection of user identification, gaming, entertainment, finance, virtualization, collaboration, and blended reality in the Metaverse and the real world, the company said.

“LDA Capitals’s commitment will support the long-term growth of the Aftermath Islands Metaverse. Aftermath Islands’ Metaverse demonstrates how digital identity can support safety, privacy, and security in both online and offline settings, and our high-resolution graphics and pixel streaming provide users with a fast, no-download, photo-realistic gaming experience on any device, raising the bar and expanding opportunities for what is possible both in the Metaverse and in the real world,” said David Lucatch, Managing Director of Aftermath Islands in a press release.
“Aftermath Islands’ virtual worlds and games have the power to transform how players interact and transact with in-game collectible NFTs, and LDA Capital is proud and excited to partner with the project team in this movement. Aftermath Islands is a recognized leader in digital identity verification in the online space, which empowers users and developers to build and benefit from a whole new world of in-game and real-world interactions. Ultimately, Aftermath Islands is transforming science-fiction into history, and we are proud to be co-authors of this story,” said Warren Baker, Managing Partner, LDA Capital.
Full story here

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  • Home
  • News
  • ShortListed Companies
    • Nomination: AI Use Cases
    • Nominations
      • Top Global Event
      • Top Metaverse Platform & Virtual World
      • Top VC or Accelerator
      • Top Blockchain Developer Services Provider
      • Most Impactful Marketing Advertising Campaign
      • Most-promising Corporate VC Investment
      • Top Corporate Partnership
      • Top Legal Firm for Metaverse/Web 3.0 businesses
      • Top Avatar Design Company
      • Top Digital Twin Initiative Enterprise
      • Top Digital Twin Initiative Consumer
      • Top Cloud, Enterprise or Technology Partner
      • Top Partner for establishing early-stage presence in Metaverse
      • Most Innovative NFT Project
      • Top 3D Design Firm for Metaverse
      • Top Fashion Brand Initiative
      • Top Consumer Experience & Entertainment
      • Top Sports Brand Initiative
      • Top Enterprise Productivity initiative
      • Top Digital Payments platform
      • Most Exciting Scale-up Company
      • Top XR AR VR Firm
      • Most Exciting Hardware for Metaverse/Web3
      • Most Promising Haptics Initiative
  • 2023 Summit & Awards
    • VIP Jury
    • Agenda
    • Venue
      • Hotel Reservation
    • Tickets
      • Pay via Credit Card
  • Exhibitors
  • Contact
    • Sponsorship Options
    • FAQs
    • Brella Event App & Networking
    • 2022 Event
      • VIP Jury
      • Agenda 2022
      • Photos 2022
      • Videos 2022