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Metaverse Creation Platform MetaSpace & SpaceY 2025 Closes A Series with $21 Million

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San Jose, California–(Newsfile Corp. – November 12, 2021) – In the next 100 years, there will be two great migrations of mankind. One to space and planets like Mars. The other to a digital parallel world in the Metaverse. This will finally be another contribution to the continuation of civilization and to realize the immortality of life. MetaSpace is a metaverse creation platform and has recently released the first tower defense game created with MetaSpace, SpaceY 2025.

Figure 1: Metaverse creation platform MetaSpace & SpaceY 2025 closes A series with $21 million

SpaceY 2025 not only excites many KOLs and 120,000 player and community fans worldwide, but also numerous high-profile investors. The 3D Metaverse sandbox game about colonizing and defending Mars raised a total of $ 21 million in tokens and equity in its recent series A round: Among them are Ash WSB, Draper Dragon, Formless Capital, Huobi Ventures and Magnus Capital – just to name a few.

For Robin Duan, founder of SpaceY 2025, the metaverse cannot be built using the original Transmission Control Protocol/Internet Protocol Internet architecture. Through the ERC-721 and ERC-1155 protocols, it is possible to clarify ownership in the virtual world. “The Metaverse introduces a new universe where each of us can be the creator in this parallel world. The oasis in Ready Player One and cyberspace in Cyberpunk 2077 become reality,” says Robin, who has more than 20 years of experience in online games.

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Dora Yue – Founder of OKEx Blockdream Ventures shares insights on GameFi and Metaverse and the reasons for investing in Spacey 2025:

“Axie Infinity soared violently from 0 – 3 billion in 3 years, a game to breed & battle with 1.85 million DAUs, which gamers could earn by Play. SpaceY 2025 is one of the most graphic examples of new-edge gaming experiences, where the community or game players could easily connect and own their property with NFTs, exploring the Mars LANDS and trading the valuable creations such as Martian assets and other digital items freely governed by its DAO.”

Harry Yin – Researcher from Huobi Ventures on why SpaceY 2025 was added to the portfolio as a Metaverse and GameFi project:

“The metaverse is the future of online gaming, and hardcore gamers have always expected it. Huobi Ventures decided to invest in SpaceY 2025 because it is a revolutionary project. It’s worth noting that the SpaceY 2025 team is one of the first teams to do a 3A project.”

Richard Wang – Partner of DraperDragon Fund about the investment in web3.0 and SpaceY 2025:

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“Draper Dragon has invested in Web3.0 based on the belief that it is an essential new development. The Metaverse, as a new lifestyle of human civilization, will definitely be based on Web3.0. That’s why Draper Dragon invests in innovative projects that can bring the Metaverse further into everyday life – like SpaceY 2025.”

Jonathan Allen – Co-founder of Magnus Capital on the decision to fund SpaceY 2025:

“The Metaverse and GameFi have captivated an industry known for innovation. SpaceY 2025 aims to push those sectors to new heights with their beautiful game design, polished looks, and diverse ecosystem. Magnus Capital is honored to support a team as passionate and experienced as Blockfish on their journey.”

Ash – Founder of AshWSB sharing the reasons to invest in the Metaverse and the GameFi sector in general and SpaceY 2025 in particular:

“The metaverse is going to be the next innovative space bridging different opportunities across everyone whether it be social, finance or gaming sector. SpaceY 2025 is delivering the essential components to garner my attention as an impressive project.”

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Juliet Su – Partner at New Tribe Capital explains what led them to allocation into the Metaverse and GameFi sector and SpaceY 2025:

“New Tribe Capital views the Metaverse and Gamify sector as one of the fastest growing sectors in the blockchain ecosystem for the next decade. SpaceY 2025 is a project that gamifies the blockchain by offering players incentives to earn while playing. (…) New Tribe Capital could not resist investing in such a revolutionary project.”

Văn Quân – Co-Founder Titans Ventures on Metaverse and SpaceY 2025:

“Metaverse is expected to be an attractive investment that will bring many great solutions to humanity. SpaceY2025 has an excellent vision and is built by a very well-trained team, which makes Titan Capital believe in the future success of Metaverse NFT Blockchain and opens more opportunities for crypto investors.”

Cecilia Li – Director of Formless Capital, explains the reasons for investing in SpaceY 2025, Metaverse and GameFi:

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“Formless Capital believes GameFi can be one of the best opportunities for blockchain projects to finally achieve mass adoption and real use cases with solid, organic community engagement. Formless Capital has known the founder for many years and believes in his skills and experience. The studio has already launched very successful tower defense games. The Mars theme is also very appealing and the polished graphics and rendering quality will provide an advanced blockchain gaming experience.”

About SpaceY 2025

SpaceY’s vision is to become one of the leading open-source metaverse platforms that allows all players with or without programming skills to easily create independent games. That is how they want to realize their mission: use blockchain technology to inherit human culture genes and create a virtual parallel world based on a silicon-based civilization through NFT assets.

The investments will fund the further development of the SpaceY game series. A beta version was already published on the website in July 2021. The full version is expected for the end of November 2021. Additional versions for Steam and mobile gaming are planned for 2022. The team will continue to improve the game in order to offer its fans great and completely new gaming experiences while they are also benefiting financially through the “play-to-earn” concept.

More about SpaceY 2025

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Website: https://www.spacey2025.com

Twitter: https://twitter.com/spacey2025

Telegram (International): https://t.me/Spacey2025

Telegram (Chinese): http://t.me/SpaceY2025Chinesecommunity

Telegram (Russian): https://t.me/SpaceY2025_Russian

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Telegram (Arabic): https://t.me/SpaceY2025Arabic

Telegram (Vietnamese): https://t.me/SpaceY2025Vietnam

Discord: https://discord.com/invite/cUeNS8UzGW

Email: [email protected]

Learn more about SpaceY 2025: https://cointelegraph.com/press-releases/spacey-2025-metaverse-v1-is-online

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How to try SpaceY 2025: https://spacey2025.medium.com/step-by-step-how-to-get-into-the-v1-of-space-y-2025-ffaa0ac37ba5

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103321

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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Blockchain

This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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