Monoverse: Raises $3.1M in Funding

Monoverse Raises $3.1M in Funding

  • Monoverse, a Seoul, Republic of Korea-based blockchain gaming company, raised $3.1M in funding
  • The round was led by Korea Real Estate Investment and Trust
  • The platform is a blockchain game developer made up of business experts and game developers from the 3N Korean game companies NCSOFT, NEXON, and Netmarble
  • The company intends to use the funds to keep expanding into the blockchain gaming space, with the focus on enhancing Frutti Dino, its NFT Play-to-Earn game
  • The company is also developing Entropy, a platform that allows any game developer studio to easily migrate their games to an Entropy sidechain and join its larger ecosystem
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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