MetaDojo Raises $3M in Seed Round to Build Affordable & Accessible Metaverse Premises
MetaDojo has successfully raised $3 million USD in seed round fundraising, accelerating its mission to build affordable and accessible metaverse premises.
We are honored to have this round led by Digital Finance Group (DFG) with participation from several well-regarded crypto-native funds including OKX Blockdream Ventures, NGC Ventures, Altonomy Ventures, Jsquare, Walsh Wealth Ventures, Good Games Labs, PAKA Fund, NFT Technologies, IBC Group, LD Capital, and TsingTing Capital.
Support we expect from our seed investors include and not limited to partnership opportunities with prominent metaverse projects, media & PR, engagement with Launchpads, listing opportunities, market making and liquidity, AMA sessions, reports and videos in various languages, and other community building activities.
What the investors saw in us
DFG is a global leading blockchain and cryptocurrency investment firm. Their major area of focus includes but not limited to CeFi, DeFi, NFTs, and Web3.0, while continuously exploring investment opportunities in a booming market.
“Looking at the Metaverse industry at the moment is very exciting, we are at an early stage and the quality and quantity of projects is impressive, however, we’ve witnessed a generalized focus on the real estate aspect of the Metaverse, which still leaves a great number of important gaps to be filled. MetaDojo is a great reference point due to its value adding to the industry focused on a niche part of this futuristic sector.”
James Wo, CEO & Founder of DFG
OKX (formerly known as OKEx) is one of the most well-known cryptocurrency exchange platforms globally. Its crypto venture OKX Blockdream Ventures focuses on the discoveries and investments in various aspects including blockchain basic infrastructures, Layer2, DeFi, WEB3.0, NFT and Metaverse.
“OKX Blockdream Ventures saw the great potential in Metaverse with multiple possibilities to build in the virtual world. We have dived into this emerging space. MetaDojo brings diversity and bridges for various metaverses, it advances the experiences of business, communication, designation, and gameplay! MetaDojo, NFT Premises Ready for Your Website & Metaverse. Expecting to see more digital nomads swarm into real use-cases by MetaDojo!”
Dora Yue, Founder of OKX Blockdream Ventures
NGC Ventures, a Singapore-based venture capitalist, is one of the largest institutional investors of blockchain and distributed ledger technologies, and has been a key contributor to a number of leading blockchain projects.
“MetaDojo reduces time to market for businesses and communities wanting to get into the Metaverse by providing ready to use 3D environments such as Art Galleries, Retail Stores, Schools, Function Rooms and Nightclubs. Making it easier for businesses to digitally engage with their stakeholders will give them a competitive edge over their rivals.”
Roger Lim, Partner NGC Ventures
Altonomy Ventures is an investment firm which invests in early stage Web3 projects spanning various domains like decentralized finance, metaverse, blockchain infrastructure etc.
“MetaDojo can be the immersive experience that bridges web2 users to web3. Looking forward to a fruitful collaboration!”
Ricky Li, Co-Founder of Altonomy Ventures
Community Support
Not only strong backing was received from some well-known crypto pioneer VCs, MetaDojo gained significant support from various local community groups as well, because we believe that community is the ultimate reason why our project exist. We look forward to a fruitful collaboration with Illusionist Group (PolkaWarrior), OnBlock Ventures, Black Ventures, Exnetwork Capital, Moon Capital, Vendetta Capital, and Azer Capital.
Fund Allocation
Over 60% of these funds will be spent on technical development including Dojo exterior and interior design, in-game experience, and building the Marketplace. 20% is budgeted for marketing and PR because these activities are of particular importance when it’s time to tell the world about our Web2 bridging solution. 10% has been allocated to operating costs, while 5% to upcoming partnerships to enrich the MetaDojo ecosystem.
We are immensely excited to start this journey of fueling mass adoption of the metaverse and Web3 as a whole, will you join us?
About MetaDojo
Dojos are versatile and customizable 3D buildings that can be embedded to websites or deployed to metaverses with ease. Inside these purpose-built metaverse buildings, owners can display and trade their NFT collections, promote products and services, reward users for content created or missions completed, host virtual meetings and events, and much more.
Creators are significant contributors to the MetaDojo ecosystem, by turning their valuable skills and experience to professional services and/or NFTs listed in the marketplace.
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