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Home FEATURED

Darewise Entertainment Raises $3.5 Million in Bitcoin Metaverse Token Presale

BlockNews Team by BlockNews Team
October 17, 2023
in FEATURED, GAMING, METAVERSE
Reading Time: 3 mins read
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  • Darewise Entertainment, a subsidiary of Animoca Brands, has raised $3.5 million in a token presale to expand its Bitcoin gaming ecosystem and develop the MMO game, Life Beyond.
  • Prominent investors like Gamefi Ventures, Brian Rose, and Animoca Ventures participated in the presale, showing support for the upcoming ecosystem token that will be used in Life Beyond for asset acquisition and virtual land ownership.
  • Darewise Entertainment, with the assistance of Horizen Labs, aims to establish a comprehensive Bitcoin-based ecosystem that integrates gaming, brands, and real-life experiences. Their successful token presale positions them as a key player in the Bitcoin-driven metaverse space.

Darewise Entertainment, a subsidiary of Animoca Brands, has successfully raised $3.5 million in a token presale aimed at expanding its Bitcoin-connected ecosystem and the upcoming MMO game, Life Beyond. This news highlights the company’s strategy to leverage blockchain technology and its growing interest in the metaverse space.

Funding for Bitcoin Gaming Ecosystem

The presale funds will be utilized to develop and enhance Darewise Entertainment’s Bitcoin gaming ecosystem. This move reflects the company’s commitment to integrating cryptocurrency and blockchain technology into their products and services. The aim is to create an immersive gaming experience for players within a Bitcoin-based metaverse.

🚨 NEWS: @animocabrands subsidiary raises $3.5M via presale for its Bitcoin metaverse token.

AAA MMO game @LifeBeyond will be the token's pioneer adopter.

Primarily use cases:

– In-game assets

– Virtual lands

The token will also fuel gaming, branding, and real-life… pic.twitter.com/kEUEfa5oJI

— BlockNews.com (@blocknewsdotcom) October 17, 2023
Via @blocknewsdotcom – X

Key Investors and Token Utility

Prominent investors, including Gamefi Ventures, Brian Rose, and Animoca Ventures, have shown their support by participating in the token presale. The upcoming ecosystem token will have utility within the metaverse game Life Beyond, enabling players to acquire assets and virtual lands. The anticipated release of the ecosystem token is scheduled for early 2024.

Darewise’s Vision for the Bitcoin Ecosystem

Darewise Entertainment, with the guidance and support of Horizen Labs, plans to launch a comprehensive Bitcoin-based ecosystem. The ecosystem will integrate gaming, brands, and real-life experiences. With the success of their ApeCoin launch, Darewise is positioning itself to be a leading player in the Bitcoin-driven metaverse space.

Conclusion

Darewise Entertainment’s recent $3.5 million token presale signifies a significant step forward in their ambition to create a Bitcoin-connected gaming ecosystem. By securing investments from notable funds and individuals, they have gained recognition and support in their pursuit of building an immersive metaverse within the world of blockchain technology. The anticipated launch of their ecosystem token in 2024 will further bolster their presence in the Bitcoin gaming market and beyond.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BitcoinDarewise EntertainmentHorizen Labs
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