CafeCosmos raises $2.2M seed round Led by Animoca Brands and Spartan Group
TORONTO, Feb. 4, 2022 — CafeCosmos, built by MetaVision Labs, is proud to announce it has raised a $2.2 million seed round of funding led by Animoca Brands and Spartan Group, with participation by key strategic individuals.
CafeCosmos is a fully on-chain, Play-to-Earn tycoon game about operating and managing a café. Players can harvest resources, farm, craft, create cafés, and ultimately earn tokens by cooking delicious recipes. You can visit your friends and interact with one another, thereby turning DeFi into an easy-to-use social gaming experience.
The new funding announced today will be used to build the MetaVision multiverse, a network of interconnected cross-chain social games expanding DeFi for in-game usage. This seed funding round will be a catalyst for the next wave of GameFi.
Nico Rodriguez, CEO of MetaVision Labs, commented: “CafeCosmos will change the way we understand GameFi. Cutting edge DeFi innovation and user-friendliness will be a perfect match that is rarely seen”
Ajay Sheldan, COO, added, “We are happy to finally announce our strategic investments! They will allow us to innovate with the best in the industry in order to provide the greatest experience for our audience. We can’t wait to share the wonderful world of CafeCosmos!”
Yat Siu, the executive chairman and co-founder of Animoca Brands, commented: “We loved CafeCosmos’ interoperability and creative use of on-chain game action. The MetaVision Labs team is pushing DeFi innovations such as cross-chain staking and DAO-owned liquidity, allowing CafeCosmos to provide gamification and a seamless interface for DeFi primitives.”
Animoca Brands is a global leader in gamification and blockchain with a large portfolio of over 150 investments in NFT-related companies and decentralized projects that are contributing to building the open metaverse.
MetaVision Labs has received angel support from John Lilic, Trent McConaghy & Bruce Pon; founders of Ocean Protocol and BigChainDB. John Lilic, former operations at ConsenSys & early investor of Polygon, will be joining MetaVision Labs providing strategic support and funding. Trent McConaghy, pioneer of token engineering will also be joining as an Angel investor. Trent has led many innovative projects and has published extensive research in the fields of blockchain, AI, and chip design. Trent has also pioneered Web3 Sustainability loops which have been a large influence on the redistribution mechanism. Bruce is a technological pioneer pushing technology with his extensive knowledge and strong data economic advancements.
MetaVision Labs is a research game studio expanding the concept of “games as protocols”. An on-chain action space mixed with Interoperability is a key factor in pushing the boundaries of what gaming can become. Through token engineering and player-centric game design, a democratized solution for the centralized hyper-casual space will return power back into the hands of the player. Holding play-to-earn to the same scientific standard held by the most complex DeFi innovations, the next generation of play-to-earn gaming will be born.
Media contact: press@metavisionlabs.io
