BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
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
1
SHARES
23
VIEWS
Share on XShare in TelegramShare on Reddit
  • 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
TweetShareShare
BlockNews Team

BlockNews Team

DON'T MISS THESE! HOT OFF THE PRESS

Is This the Start of the Bitcoin and Crypto Bear Market? Here’s What You Need to Watch
BITCOIN

Is This the Start of the Bitcoin and Crypto Bear Market? Here’s What You Need to Watch

November 21, 2025
3 Reasons Why Bitcoin and Crypto Are Dumping Today: $112 Billion Erased in 3 Hours
BITCOIN

3 Reasons Why Bitcoin and Crypto Are Dumping Today: $112 Billion Erased in 3 Hours

November 20, 2025
How to Trade on Solana Like a Pro: Full Archer Bot Walkthrough
CRYPTO

How to Trade on Solana Like a Pro: Full Archer Bot Walkthrough

November 19, 2025
Nvidia Sees $57 Billion in Q3 Revenue Beating Earnings Expectations: Why This is HUGE for Stocks and Crypto
FEATURED

Nvidia Sees $57 Billion in Q3 Revenue Beating Earnings Expectations: Why This is HUGE for Stocks and Crypto

November 19, 2025
Bitcoin Traders Now See 50% Chance of BTC Falling Under $80,000 in 2026: Here is Why
BITCOIN

Bitcoin Traders Now See 50% Chance of BTC Falling Under $80,000 in 2026: Here is Why

November 19, 2025
Crypto Fear and Green Index Hits Record Fear Levels: Here is What This Means for Investors
BITCOIN

Crypto Fear and Green Index Hits Record Fear Levels: Here is What This Means for Investors

November 18, 2025
Load More

Related News

TAO Breaks Its Most Important Support — Here Is Why Sellers Still Control the Chart and What Happens Next

TAO Breaks Its Most Important Support — Here Is Why Sellers Still Control the Chart and What Happens Next

November 23, 2025
Zcash Erupts With a 20% Surge — Here’s Why ZEC Is Suddenly the Hottest Coin on the Market

Zcash Erupts With a 20% Surge — Here’s Why ZEC Is Suddenly the Hottest Coin on the Market

November 23, 2025
Hedera Breaks a Key Support as HBAR Drops 18% — Here Is Why Bitcoin’s Slide Is Dragging It Down Even Faster

Hedera Breaks a Key Support as HBAR Drops 18% — Here Is Why Bitcoin’s Slide Is Dragging It Down Even Faster

November 23, 2025
Sui Keeps Slipping… but Some Analysts Think This Might Be the Moment Everyone’s Missing

Sui Keeps Slipping… but Some Analysts Think This Might Be the Moment Everyone’s Missing

November 23, 2025
Dogecoin Slips Below Key Support — Here Is Why $0.14 Matters More Than Ever and What Could Come Next

Dogecoin Slips Below Key Support — Here Is Why $0.14 Matters More Than Ever and What Could Come Next

November 23, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews