UltiverseDAO
Published in

UltiverseDAO

Binance Labs Leads Seed Round for Ultiverse to Expand Metaverse Offerings in BNB Chain Ecosystem

Binance Labs, the venture capital arm and innovation incubator of Binance, is pleased to announce it led the seed round for Ultiverse, to build a Web3 social gaming metaverse with BNB Chain together. The fund will be used to develop the product, attract top talent and further grow the community.

Ultiverse is working on connecting web3 with a VR-compatible virtual world that will be home to the first AAA blockchain game. As a first-of-its-kind MetaFi, Ultiverse’s tokenomics encourages mutually beneficial relationships among ecosystems, where players could benefit from building the community.

The world of Ultiverse will allow players to import their own NFTs from multi chains for use in the virtual world, and also support NFT and land customization. The appearance of NPCs will be adjusted through players’ actions AI track, which brings an immersive gaming experience.

Ultiverse will launch in tandem with its first internal game, a 3D MMORPG Play-To-Earn title with a realistic ecosystem that different roles of players need to cooperate or compete with each other.

The seed round for Ultiverse is co-led by Defiance Capital, and the other investors include Three Arrows Capital and SkyVision Capital.

About Ultiverse

Ultiverse is building the social gaming metaverse that connects Web3 with an immersive VR-compatible virtual world. By empowering players of various economic abilities to build mutually beneficial relationships, Ultiverse is aimed at creating a first-of-its-kind MetaFi.

Website | Twitter | Discord

About Binance Labs

Binance Labs identifies, invests, and empowers viable blockchain entrepreneurs, startups, and communities, financing industry projects that help grow the larger blockchain ecosystem. Binance Labs is committed to supporting fast-executing teams who positively impact the crypto space.

About BNB Chain

BNB Chain is a community-driven, decentralized and censorship-resistant blockchain, powered by BNB. It consists of BNB Beacon Chain and BNB Smart Chain (BSC), which is EVM compatible and facilitates a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem. For more information on BNB Chain visit https://www.bnbchain.world

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Ultiverse Team

Explore the infinite possibilities of MetaFi with the metaverse that connects Web3 with the future of immersive social gaming.