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
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
Tweet1ShareShare
BlockNews Team

BlockNews Team

DON'T MISS THESE! HOT OFF THE PRESS

Aave Crypto Passes $1T Loan Volume Despite Governance Tensions – Here Is Why Demand Remains Strong
CRYPTO

Aave Crypto Passes $1T Loan Volume Despite Governance Tensions – Here Is Why Demand Remains Strong

March 8, 2026
Nintendo Challenges Trump Tariffs in Court – Here Is Why Markets Are Watching
FINANCE

Nintendo Challenges Trump Tariffs in Court – Here Is Why Markets Are Watching

March 6, 2026
Adam Weitsman Is Bullish on Web Culture And That Might Be Exactly What NFTs Need
FEATURED

Adam Weitsman Is Bullish on Web Culture And That Might Be Exactly What NFTs Need

March 7, 2026
Yuga Labs Just Opened the Gates: Otherside’s Vibemaker Could Finally Turn the Metaverse Into a Builder Economy
FEATURED

Yuga Labs Just Opened the Gates: Otherside’s Vibemaker Could Finally Turn the Metaverse Into a Builder Economy

March 4, 2026
Cardano’s Hoskinson Slams CLARITY Act – Here Is Why Crypto Is Split
CARDANO

Cardano’s Hoskinson Slams CLARITY Act – Here Is Why Crypto Is Split

March 3, 2026
Billions Pouring Back Into Crypto as Bitcoin, Ethereum, and Alts Rebound Amid Macro Narrative Shift
BINANCE BNB

Billions Pouring Back Into Crypto as Bitcoin, Ethereum, and Alts Rebound Amid Macro Narrative Shift

March 2, 2026
Load More

Related News

Ripple UK License Boosts XRP Exposure – Here Is Why Price May Stay Slow

Ripple UK License Boosts XRP Exposure – Here Is Why Price May Stay Slow

March 9, 2026
Chainlink Crypto Records Inflows as Bitcoin and Ethereum Slide – Here Is What It Means

Chainlink Crypto Records Inflows as Bitcoin and Ethereum Slide – Here Is What It Means

March 9, 2026
SUI Crypto Trades Near $0.89 Support – Here Is Why Analysts Watch the $0.85 Breakdown Level

SUI Crypto Trades Near $0.89 Support – Here Is Why Analysts Watch the $0.85 Breakdown Level

March 8, 2026
Bitcoin vs Cardano Crypto Investment Debate – Here Is Why $1,000 May Favor BTC

Bitcoin vs Cardano Crypto Investment Debate – Here Is Why $1,000 May Favor BTC

March 8, 2026
BNB Crypto Tests $585 Support After $660 Rejection – Here Is Why the Next Move Matters

BNB Crypto Tests $585 Support After $660 Rejection – Here Is Why the Next Move Matters

March 8, 2026
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

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
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