Karmaverse closes over $6M private funding round led by A&T Capital

Karmaverse.io
3 min readMar 3, 2022

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Dear Karmaverse fans,

It has been an interesting start of the year for Karmaverse as we have secured a lot of strong investors, raising a total of $8m in a private round led by top venture Capital firms A&T Capital, TPS and YGG SEA. Other top investors participating in the round include Foresight Ventures, Polygon Studios, Cao Zhen (Partner of Republic), OKX Blockdream Ventures, NFX, Mindfulness Capital, GSR Ventures, HashKey Capital, Fundamental Labs, Y2Z, L2Y, Altonomy.

We also managed to gain some traction and built a community of fans by selecting alpha test players of our game and getting them to share recordings of the gameplay on Discord.

Karmaverse is expected to launch very soon!

We are now currently in the phrase of Initial NFT Offering and have launched a “Genesis Starter Kit” for players to purchase to gain an competitive advantage before the official launch.

The first batch of 300 Genesis Starter Kits have sold out in a blitz!

At Karmaverse, we are all about making our players happy. Since we got a lot of users asking about the next sale already, to thank you for all your love and support, we are introducing the 2nd presale, which will be open to the non-whitelisted players during a limited time slot. Only 700 Kits are available this round, containing valuable game assets like five-star rare Fighters/Zombies.

Important Sale Details:
Date: March 7th.
Opening Time: 13:00 PM(UTC)
Price: 270 USDC per box
Purchase Limit: 20 per wallet

Interested participants can head on to https://degame.com/launchpad/karmaverse/ to purchase the
“Genesis Starter Kit”

We are featured on Cointelegraph!

https://cointelegraph.com/press-releases/karmaverse-closes-over-6m-private-funding-round-led-by-at-capital

Karmaverse, a leading GameFi platform, has raised over $6 million in a private round led by A&T Capital to bring GameFi to the biggest game economics. The private round included participation from key blockchain-gaming and Web3 leaders, such as Foresight Ventures, Polygon Studios, Cao Zhen (Partner of Republic), OKX Blockdream Ventures, NFX, Mindfulness Capital, GSR Ventures, HashKey Capital, Fundamental Labs, Y2Z, L2Y, Altonomy and others. In February, Karmaverse closed a $2-million seed round led by Yield Guild Games South East Asia, IVC and TPS Capital.

Known for its gameplay and integrated GameFi ecosystem, Karmaverse is a gaming multiverse. It’s an up-to-date AAA mobile game that also leverages blockchain technology to combine play-to-earn and play-for-fun elements. Founded by an experienced and well-rounded team, Karmaverse was created by designers behind two global top 10 simulated life games (SLG), King of Avalon and Guns of Glory, which generated $2 billion of revenue and have 5 million monthly active users.

“Karmaverse Zombie” will be the first game in Karmaverse. It is a blockchain-based nonfungible token (NFT) social game that focuses on the struggle for survival and domination in a post-apocalyptic world infested with zombies and mutants. After the spread of a virus intended to eradicate humanity, zombies and mutants have spread across the Earth. Surviving humans have trained themselves to become fighters, banding together for survival in shelters and working to gradually eliminate the zombie threat.

In order to dynamically maintain the game’s ecosystem, Karmaverse has designed a dual-token system with a governance token, KNOT, and sub-tokens.

“Karmaverse Zombie” started a closed beta test on Feb. 10, 2022. Karmaverse will start its first NFT sales on Feb. 28, with a limited edition of 1,000 units. Each Genesis Starter Kit contains five mystery boxes, including three for unlocking a Fighter NFT, and the other two with the chance of getting a Fighter NFT or a Material NFT. NFTs from the Genesis Starter Kit will apply in Karmaverse Zombie.

Thank you to all our partners for the tremendous support!

We would like to take the time to thank the following partners for their support (You can click on the name of the partners to be redirected to their official announcement)

YGGSEA, Metaversepad, Genpad, UNIX, Pathdao, 7OC Community

Media Coverage:

Unix Crypto, Unix U today, Unix Hackernoon, Unix Invezz, Panewslab, 7OC Community

Follow Us On Our Socials

Website: https://karmaverse.io
Twitter:
https://twitter.com/Karmaverse_io
Discord:
https://discord.gg/d6FVbRr3r8
Medium:
https://medium.com/@karmaverse.io
Youtube:
https://www.youtube.com/channel/UCDrmy4bZIzZZrCjeI_BPiwQ
Telegram:
https://t.me/karmaverseofficial

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Karmaverse.io

Karmaverse is a gamefi multiverse, containing multiple metaverses such as Karmaverse Zombie, Fantasy World, Old West, Cyberpunk and others.