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Monoverse Announces $3.1M KOREIT Investment, Gametopia Partnership

Monoverse acquires a $3.1M investment from KOREIT. This funding will be used to further develop its Frutti Dino game. Monoverse also announces a partnership with...
Monoverse Announces $3.1M KOREIT Investment, Gametopia Partnership Monoverse Announces $3.1M KOREIT Investment, Gametopia Partnership

  • Monoverse acquires a $3.1M investment from KOREIT.
  • This funding will be used to further develop its Frutti Dino game.
  • Monoverse also announces a partnership with Gametopia.

Monoverse, a blockchain-based game developer, has acquired a $3.1 million investment from Korea Real Estate Investment and Trust (KOREIT). Through this funding, the platform will continue expanding its presence in the blockchain gaming space and further develop its flagship play-to-earn NFT game Frutti Dino.

“We are thrilled to continue developing blockchain and advanced games at the cutting edge of technology with support from Korea Real Estate Investment and Trust,” shared Monoverse CEO, Jayden Lee. He also expressed how grateful the company is for the community’s “continued outpour of support.”

Moreover, this financial move only proves KOREIT’s full support toward Monoverse’s objectives and its faith in the company’s budding potential in the gaming industry. That said, a representative from KOREIT happily commented on this achievement:

As an expert in the growing blockchain and NFT game industry, Monoverse is well-equipped to make waves in this competitive global market. We are happy to set the stage for Monoverse to grow and will actively support the project to help it sustain its success.

Additionally, Monoverse is currently in the process of creating a platform called Entropy. It enables any game developer to seamlessly migrate their games to an Entropy sidechain and sit on its wider ecosystem. This, in turn, leads traditional gaming projects to decentralization as it eliminates the necessity of building their sidechains.

Furthermore, Monoverse intends to utilize Entropy to include conventional and NFT-based third-party games onto its sidechain. Here, gas fees are low and the transaction processing speed is incomparable.

Alongside the $3.1M funding, Monoverse also unveiled a new partnership with Gametopia — a digital game development studio and a subsidiary of Chinese Gamer. Similar to its goal, Monoverse will allow Gametopia to relocate its games to the Entropy blockchain and incorporate NFTs and tokenomics into their design. Consequently, it will pave the way for players to own their digital assets.

In other news, Monoverse’s Frutti Dino has recently launched its NFTs on the Binance network and has grown its community to more than 100k participants worldwide. To be in the loop with the latest updates about the company, users can visit its official website.

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21-05-2022 20:03:21 (UTC+7)

EUR/USD

1.0562

-0.0024 (-0.23%)

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↑ Buy

Moving Avg:

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Indicators:

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EUR/USD

1.0562

-0.0024 (-0.23%)

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↑ Buy

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Buy (12)

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GBP/USD

1.2489

+0.0029 (+0.23%)

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Neutral

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USD/JPY

127.86

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AUD/USD

0.7039

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USD/CAD

1.2839

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EUR/JPY

135.05

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EUR/CHF

1.0296

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Copper Futures

4.3042

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Crude Oil WTI Futures

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Brent Oil Futures

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8.058

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US Coffee C Futures

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Euro Stoxx 50

3,657.03

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1,768.35

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IBEX 35

8,484.50

+78.50 (+0.93%)

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BASF SE NA O.N.

48.850

-0.010 (-0.02%)

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Bayer AG NA

63.74

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Allianz SE VNA O.N.

195.58

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Buy

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Adidas AG

172.80

+0.92 (+0.54%)

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Deutsche Lufthansa AG

6.852

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Siemens AG Class N

115.08

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9.362

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 EUR/USD1.0562↑ Buy
 GBP/USD1.2489Neutral
 USD/JPY127.86Neutral
 AUD/USD0.7039Sell
 USD/CAD1.2839↑ Buy
 EUR/JPY135.05Neutral
 EUR/CHF1.0296↑ Buy
 Gold1,845.10↑ Buy
 Silver21.765↑ Sell
 Copper4.3042↑ Buy
 Crude Oil WTI110.35↑ Sell
 Brent Oil112.91↑ Sell
 Natural Gas8.058↑ Sell
 US Coffee C216.48↑ Buy
 Euro Stoxx 503,657.03↑ Buy
 S&P 5003,901.36↑ Buy
 DAX13,981.91Buy
 FTSE 1007,389.98Neutral
 Hang Seng20,717.24↑ Sell
 Small Cap 20001,768.35↑ Buy
 IBEX 358,484.50Neutral
 BASF48.850Buy
 Bayer63.74Buy
 Allianz195.58Buy
 Adidas172.80Buy
 Lufthansa6.852↑ Sell
 Siemens AG115.08Neutral
 Deutsche Bank AG9.362Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,875/ 6,975
(0/ 0) # 1,795
SJC HCM6,895/ 6,985
(5/ 5) # 1,800
SJC Hanoi6,895/ 6,987
(5/ 5) # 1,802
SJC Danang6,895/ 6,987
(5/ 5) # 1,802
SJC Nhatrang6,895/ 6,987
(5/ 5) # 1,802
SJC Cantho6,895/ 6,987
(5/ 5) # 1,802
Cập nhật 21-05-2022 20:03:24
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ↀ Giá vàng thế giới
$1,846.53+4.270.23%
Live 24 hour Gold Chart
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Sản phẩmVùng 1Vùng 2
RON 95-V30.58031.190
RON 95-III29.98030.570
E5 RON 92-II28.95029.520
DO 0.05S26.65027.180
DO 0,001S-V27.45027.990
Dầu hỏa 2-K25.16025.660
ↂ Giá dầu thô thế giới
WTI$110.53-0.11-0.10%
Brent$112.89-0.31-0.27%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.000,0023.310,00
EUR23.879,5425.217,23
GBP28.128,1029.328,16
JPY176,49186,84
KRW15,8019,26
Cập nhật lúc 18:54:43 21/05/2022
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