As per the latest reports, MetaEstate has made an announcement in regards to the completion of a successful funding round. The metaverse service provider has revealed that it has finally concluded a seed funding round. The firm has reportedly generated $1 million from the seed funding round.
MetaEstate has announced that RockTree Capital and Cryptomeria Labs were the firms that led the seed funding round launched by MetaEstate. According to MetaEstate, the funding round was concluded on Monday, September 6, 2021.
MetaEstate has revealed that the firm was honored with the participation from several investors and capital firms. The major and most prominent participants include Cryptogram Capital, Chain Capital, Consensus Lab, Waterdrip Capital, IcarusArt, and Kirin Fund.
The success of the funding round even managed to attract major entities and leaders from the cryptocurrency industry. The key firms that participated in the funding round include firms from traditional venture capital firms, non-fungible token (NFT) firms, and cryptocurrency art firms.
When it comes to metaverse technology, it is a universe that has been designed digitally and with time, it has become sort of organic in nature. The metaverse universe continues evolving and offers users a very unique experience.
This is where MetaEstate comes in and offers users plots within the metaverse. The users can occupy these plots and set up their own virtual worlds on these plots. They can develop different kinds of worlds and places on these pieces of land that others can visit and experience new worlds within the metaverse.
Over time, the metaverse sector has gained tremendous success and adoption rate. This is the reason why it is constantly growing in size. The industry is now making a lot of developments and it is introducing more spaces and products within the metaverse.
The industry is now introducing several forms of business within the space including construction management, investment, and digital real estate sales. Even digital real estate financing has been introduced for the benefit and advantage of users.
When it comes to the metaverse, MetaEstate was the firm that emerged as one of the pioneers for the sector. With a tremendous amount of experience and tenure in the space, the firm has gained a lot of resources and has come up with several strategies around it. These aspects will help and support the platform greatly in bringing more users to the platform.
The platform has also built up a strong and efficient team of developers, who are highly skilled in adding more products to the platform. With the recent funding round, the platform will be adding more products and services for its users that will offer more virtual experience and profits.