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Home News Funding & VC

Animoca’s Darewise Secures $3.5m From Token Presale 

October 18, 2023 - Updated on July 7, 2024
in Funding & VC, News
Reading Time: 2 mins read
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Juice Gaming News | Web3 Gaming

Juice Gaming News | Web3 Gaming

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Darewise Entertainment, the company behind Life Beyond and a subsidiary of Animoca Brands, has successfully raised an impressive $3.5 million through its token presale. These funds will be utilized to further develop the Bitcoin metaverse ecosystem.

Prominent gaming investors and web3 VC funds, including Gamefi Ventures, London Real Ventures, Citizen Capital, Blocore, Animoca Ventures, and Yat Siu, the co-founder and executive chairman of Animoca Brands, participated in the token presale.

The ecosystem token is set to launch on the Bitcoin platform, with the highly anticipated “AAA” MMO game, Life Beyond, being the initial adopter of this ecosystem. To bring this vision to life, Darewise has partnered with Horizen Labs, the platform that managed smart contract assignments and token strategy during ApeCoin’s launch.

With these advancements, Darewise is pioneering a Bitcoin ecosystem tailored for gaming, brands, and real-life experiences. Concurrently, Life Beyond is set to be the first gaming metaverse to tokenize in-game assets, virtual lands, and more.

Visionary Investments: Insights from Executives Who Participated In Darewise’s Presale Round  

James Lim, the founder of Biocore, shared his thoughts on the token presale funding: “We invested in Darewise and Life Beyond because of their innovative integration of the Bitcoin ecosystem and an immersive experience that promises to revolutionize digital exploration and connectivity.”

A representative from Citizen Capital, the VC arm of NEO Tokyo, expressed their enthusiasm for Life Beyond, remarking, “Life Beyond is one of those projects that captivates you. From its stunning artwork and design to the comprehensive lore detailed in the wiki, and the powerhouse team orchestrating it all, every aspect of Life Beyond generates excitement. We’re honored to be early investors alongside Animoca Brands and look forward to the project’s evolution.”

Benjamin Charbit, the CEO of Darewise Entertainment, reflected on the company’s recent achievements, stating, “In this round, we’re honored to bring on board insightful investors who not only resonate with our project and values but also hail from diverse backgrounds in gaming and web3 culture. Their involvement marks a profound vote of confidence in our endeavors within the Bitcoin ecosystem.”

Per the roadmap, the Darewise ecosystem token is slated for launch in early 2024.

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Sponges

Sponges is a gamer and avid reader who began his journey into Web3 gaming as an enthusiast in 2020. Since then, he has pivoted himself as a writer who aims simplify stories for readers.

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