Cryptoday 12.27 | Ertha Metaverse, a metaverse land-based game, raises $5.4 million in funding, with LD Capital among investors
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Cryptoday 12.27 | Ertha Metaverse, a metaverse land-based game, raises $5.4 million in funding, with LD Capital among investors
For a person, what is expected is not something else, but merely that he can devote himself wholeheartedly and dedicate his life to a noble cause.
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Cryptoday is a daily news column by TechFlow, focusing not on "news," but on asset movements
For a person, what is desired is not something else, but merely the ability to devote oneself wholeheartedly to a noble cause.
——Einstein
Funding Movements
Metaverse land game Ertha Metaverse raises $5.4 million, with LD Capital and others participating
Metaverse land game Ertha Metaverse today announced it has raised $5.4 million in funding, led by investors including LD Capital, Polygon Syndicate, OKEx Blockdream Ventures, Shima Capital, GD10, Genblock Capital, Dialectic Momentum 6, X21, Terranova, AU21, and Zen Capital. Ertha Metaverse is currently the most well-known metaverse and Play-to-Earn project in BSC blockchain gaming. Players can purchase land within the game to establish governments, financial systems, alliances, and more. Each plot of land can generate income through taxes, fees, and other revenue streams from transactions occurring on it.
Metaverse game BetaMars completes $2.5 million seed round, backed by Pluto Capital
Metaverse game BetaMars recently announced the completion of a $2.5 million seed investment round, primarily funded by Singapore-based blockchain venture firm Pluto Capital. BetaMars is a Mars colonization-themed metaverse game aiming to build a highly decentralized, open, and free parallel world. The project consists of multiple phases. In BetaMars 1.0, players are divided into Lords and Miners, both contributing to building the foundational world based on land and resources. In later versions such as 2.0 and beyond, players will explore and shape the civilization of the BetaMars universe. Pluto Capital has raised a $30 million cryptocurrency fund dedicated to seed investments and incubation for early-stage blockchain projects. Its core team members come from renowned financial institutions like Goldman Sachs and SoftBank, and it previously invested in several current industry giants during their early stages, including Binance, Bitmain, Polkadot, and Bybit.
Blockchain security company BlockSec secures tens of millions in angel funding, led by Fenbushi Capital
Blockchain security company BlockSec (Anjie Tech) announced today that it has completed a multi-million-dollar angel round. This round was led by Fenbushi Capital, with participation from A&T Capital, Qulian Technology, Impossible Finance, Incuba Alpha, and NEAR ecosystem fund MetaWeb Ventures. The funds will be used to support BlockSec’s team expansion and new product development. Founded in May 2021, the BlockSec team is committed to safeguarding blockchain ecosystem security, focusing on full lifecycle smart contract security, blockchain regulation, emerging cybercrimes, and privacy-computing-based blockchain architecture security.
NFT pet gaming platform Dogami raises $6 million, with Ubisoft and Animoca Brands participating
On December 27, it was reported that NFT pet gaming platform Dogami has raised $6 million in funding, with participants including Ubisoft, Animoca Brands, and co-founders of The Sandbox. Dogami will launch on Tezos and offer over 300 different dogs, each with unique traits. Players will need to care for their virtual pets using augmented reality technology on smartphones. These Dogami pets live in a virtual world called the Petaverse, where players can train them, customize attributes, and compete against others in challenges.
DeFi
Curve: UST stablecoin poses significant risks to veCRV holders
Curve Finance has released a risk assessment regarding UST stablecoins for its veCRV holders. The report highlights key concerns: Wormhole UST (USTw) tokens are unverified, neither Shuttle nor Wormhole bridges have undergone audits, and liquidity must migrate to USTw. Additionally, the protocol faces potential consensus attacks and oracle manipulation via DDoS attacks.
NFT/GameFi
Monfters Club NFT announces genesis NFT airdrop to OpenDAO members
Monfters Club NFT officially tweeted an announcement of a genesis NFT airdrop to OpenDAO members—721 NFTs in total, honoring the “721 spirit,” making it the first NFT series to support SOS token holders in claiming rewards. Moreover, Monfters stated that as an advocate for DAOs in the NFT space, they support The OpenDAO's recent DAO-led initiative challenging Opensea.
Ferrari partners with NFT service provider Velas to create digital collectibles for fans
Ferrari has announced a partnership with Velas Network AG. Velas will create exclusive digital content for Ferrari fans. Additionally, Velas will become the title sponsor for the Ferrari Esports Series and the online single-brand championship series. Velas is a global player in the blockchain and NFT sectors, primarily focused on creating and integrating digital products and services.
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