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Metaverse Platform Bullieverse garners $4 million from Web3 Venture Funds & Others

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Bullieverse, an open-world metaverse platform, has acquired $4 million in funding from Web3 venture funds to help construct a play-to-earn arcade.

Bullieverse's goal is to create an open metaverse platform owned by Web3 fans, developers, and a growing community of players, and this investment will help them achieve that goal. The round attracted almost a dozen investors, including blockchain heavyweights like Okx Blockdream Ventures, Fundamental Games, 6th Man Ventures, and C2 Ventures, among others.

According to a release, the latest fundraising round would allow the company to grow its ecosystem, bringing more enthusiasts into the digital landscape.

“Bullieverse was founded with a vision to create an open metaverse DAO in a fun and adventurous way. The mission to create a DAO involving gaming and a metaverse play will deliver a self-reinforcing gaming environment for the community. We believe we are different, and we have already started demonstrating that through our execution — the quality of design, gaming experience, platform design etc," said Srini Anala, Co-founder & CEO at Bullieverse.

"Bullieverse was formed with the goal of creating a fun and exciting open metaverse DAO. The community will benefit from a self-reinforcing gaming environment created by the objective to construct a DAO involving gaming and metaverse activity. "We believe we are unique, and we have already begun to demonstrate that through our execution — the quality of our design, gaming experience, platform design, and so on," said Srini Anala, Bullieverse's co-founder and CEO.

Bullieverse is a digital platform cofounded by gamers that allows gamers, digital creators, and investors to communicate with one another through its open metaverse. Users will be able to influence the virtual ecosphere's destiny, earn prizes, and share their gaming experiences.

The new funding will allow the project to develop intuitive features, as well as utility and NFTs that users may explore.

"In due course, we will also be able to interoperate with other Metaverse economies. The launchpad for the entire vision would be through building a loyal and crypto native community that loves our dope NFT designs, immersive gameplay, and simple game creation mechanisms", Anala added.

Bullieverse is envisioned as a fully working DAO driven by the community creating high-quality experiences, according to the project's basic structure. Seedify, Infinite Launch, Redkite, GameFi, and Metaverse Pad are among the launchpads where the project will debut, allowing the community and early adopters to participate in the Initial Game Offering.

“As investors in the Web 3 space, we focus on product and the team. Bullieverse clearly has a top tier metaverse-gaming product and is led by a very experienced and balanced team. Both 6th Man Ventures and Bullieverse believe in the true potential of pay-and-earn gaming, its ability to expand and reign in the gaming industry,” Mike Dudas, partner at 6th Man Ventures said.