• MetaZone announced the completion of its US$3 million seed round.
• It enables creators and developers to mint non-fungible tokens (NFTs) for 3D digital content and apps that can be distributed in the metaverse.
• Funds such as Sfermion, CMT Digital, Tess Ventures, IOSG Ventures, IVC (Infinity Ventures Crypto), Polygon Studios, MHC Digital and LucidBlue Ventures participated in the round.
MetaZone Secures Funding to Expand App Platform for Metaverse
MetaZone announced today the completion of its US$3 million seed round co-led by metaverse industry leaders, Sfermion and CMT Digital. Top web3 funds such as Tess Ventures, IOSG Ventures, IVC (Infinity Ventures Crypto), Polygon Studios, MHC Digital and LucidBlue Ventures also participated in the round.
Platform Enables Creators & Developers to Mint Non-Fungible Tokens
Using the MetaZone platform, each creator’s META is assigned an NFT that represents its value, ownership and access rights. These NFTs can be purchased and used to install each app on digital land where it can be utilized by the owner and visitors of that land.
MetaZone Focused on Building Developer Tools
MetaZone is also focused on building a set of developer tools that will provide standardized application-grade development frameworks. This will enable creators to produce, distribute and host virtual content (METAs) simultaneously in multiple virtual worlds like Decentraland, SpatialOnCyberVault Hill City or Yuga Lab’s The Otherside.
Industry Leaders Support MetaZone
Andrew Steinwold of Sfermion expressed his belief that “supporting the development of metaverse applications will bring the necessary economic incentives needed for further growth” while Paul Veradittakit at Pantera Capital stated “we are very excited to see new layers of infrastructure being built out around decentralized protocols” which supports open economies like those being developed within blockchain technology.
The future looks bright for MetaZones with this announcement of funding from industry leading investors who recognize their potential to revolutionize how we interact with digital worlds through their tokenized app platforms!