Exverse, a trailblazing Web3 game, has successfully concluded a private funding round, amassing a staggering $3 million in investments. The game sets out to revolutionize the first-person-shooter (FPS) genre by leveraging Web3 technology to address inherent flaws in earlier gaming models while delivering an unparalleled gaming experience.
Led by Cogitent Ventures, Cointelligence, and Moonrock Capital, Exverse’s funding round attracted prominent industry players such as KuCoin Labs, Epic Games, Seedify, and ChainGPT. This substantial financial infusion will be directed towards accelerating game development, forging strategic partnerships, and amplifying marketing initiatives.
In a departure from conventional Web3 gaming paradigms that prioritized tokenomics and marketing over gameplay, Exverse is committed to crafting a high-quality gaming environment. By partnering with industry leaders, Exverse aims to ensure a seamless development process, a sustainable business model, and a successful market entry strategy.
Fei Ooi Hoong, CEO of Exverse, elucidates the company’s approach, stating, “Our strategy revolves around understanding that NFT and blockchain games must resonate with gamers, akin to beloved titles like ‘Call of Duty’ and ‘Halo.’ We are dedicated to developing a captivating game first, integrating token mechanics strategically to reward skill, before conducting an IDO.”
Exverse offers players an immersive gaming experience set across three distinct planets: Social, Quest, and Battle. Each planet caters to diverse gaming preferences while maintaining a cohesive narrative. The game emphasizes competitive gameplay, cutting-edge physics, and captivating visuals, ensuring an engaging experience for players.
Powered by Epic’s Unreal Engine 5, Exverse seamlessly integrates blockchain technology with real-time gameplay. Unlike pay-to-win models prevalent in the gaming industry, Exverse focuses on skill-based rewards, allowing players to stake tokens at the commencement of each season. Exceptional performers stand to earn profits from in-game NFTs, including cosmetic items and skins.
