Blockchain
Metaverse Creation Platform Metaspace and SpaceY 2025 Closes A Series with $21 Million
San Jose, California–(Newsfile Corp. – November 23, 2021) – Metaverse creation platform MetaSpace raised $21 million in tokens and equity in its latest Series A round with SpaceY 2025.
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.
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.
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:
“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.”
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:
“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
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
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
PR Contact
Website: Crypto World Seo
Contact: Sweta Chatterjee
Email: [email protected]
Telegram: @swetachatterjee
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104663
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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