The investment in the Barcelona-based startup is being made by Telefónica through the Wayra innovation node, created for this purpose. The operator launched a global Open2metaverse call several months ago to ally itself with emerging companies focused on the different uses of the virtual universe.
135 startups joined Telefónica’s call and another 1,625 companies from around the world were analyzed. Among the companies summoned was Gamium, whose interoperable “decentralized social metaverse” managed to invoice one million euros with the sale of land in just 10 days.
In Gamium’s virtual universe, users will participate through an avatar that will represent their unique digital identity. In addition, it will serve to interact with other metaverses and other Web 2 and Web 3 applications. This innovative concept of identity allows the user to be the owner of their data and exercise complete control over their privacy.
Users will also be able to access the platform in 3D and through an app. With the sold land and other lands still available in this metaverse, individual users or companies can create their own businesses or events through their avatars and participate in economic activity and play games.
Last February, the Spanish startup launched the pre-sale of its $GMM token with the participation of a group of investors including DAO Maker, Magnus Capital, and Metrix Capital. Influencers like Mr Beast and Willyrex, among others, also participated.
The company’s token finally hit the market a month later. Currently, it has a community of more than 100,000 people who can participate in the company’s decisions through different DAOs.
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