BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews
Home FEATURED

Darewise Entertainment Raises $3.5 Million in Bitcoin Metaverse Token Presale

by BlockNews Team
October 17, 2023
in FEATURED, GAMING, Metaverse
Reading Time: 3 mins read
A A
1
SHARES
20
VIEWS
Share on XShare in TelegramShare on Reddit
  • Darewise Entertainment, a subsidiary of Animoca Brands, has raised $3.5 million in a token presale to expand its Bitcoin gaming ecosystem and develop the MMO game, Life Beyond.
  • Prominent investors like Gamefi Ventures, Brian Rose, and Animoca Ventures participated in the presale, showing support for the upcoming ecosystem token that will be used in Life Beyond for asset acquisition and virtual land ownership.
  • Darewise Entertainment, with the assistance of Horizen Labs, aims to establish a comprehensive Bitcoin-based ecosystem that integrates gaming, brands, and real-life experiences. Their successful token presale positions them as a key player in the Bitcoin-driven metaverse space.

Darewise Entertainment, a subsidiary of Animoca Brands, has successfully raised $3.5 million in a token presale aimed at expanding its Bitcoin-connected ecosystem and the upcoming MMO game, Life Beyond. This news highlights the company’s strategy to leverage blockchain technology and its growing interest in the metaverse space.

Funding for Bitcoin Gaming Ecosystem

The presale funds will be utilized to develop and enhance Darewise Entertainment’s Bitcoin gaming ecosystem. This move reflects the company’s commitment to integrating cryptocurrency and blockchain technology into their products and services. The aim is to create an immersive gaming experience for players within a Bitcoin-based metaverse.

🚨 NEWS: @animocabrands subsidiary raises $3.5M via presale for its Bitcoin metaverse token.

AAA MMO game @LifeBeyond will be the token's pioneer adopter.

Primarily use cases:

– In-game assets

– Virtual lands

The token will also fuel gaming, branding, and real-life… pic.twitter.com/kEUEfa5oJI

— BlockNews.com (@blocknewsdotcom) October 17, 2023
Via @blocknewsdotcom – X

Key Investors and Token Utility

Prominent investors, including Gamefi Ventures, Brian Rose, and Animoca Ventures, have shown their support by participating in the token presale. The upcoming ecosystem token will have utility within the metaverse game Life Beyond, enabling players to acquire assets and virtual lands. The anticipated release of the ecosystem token is scheduled for early 2024.

Darewise’s Vision for the Bitcoin Ecosystem

Darewise Entertainment, with the guidance and support of Horizen Labs, plans to launch a comprehensive Bitcoin-based ecosystem. The ecosystem will integrate gaming, brands, and real-life experiences. With the success of their ApeCoin launch, Darewise is positioning itself to be a leading player in the Bitcoin-driven metaverse space.

Conclusion

Darewise Entertainment’s recent $3.5 million token presale signifies a significant step forward in their ambition to create a Bitcoin-connected gaming ecosystem. By securing investments from notable funds and individuals, they have gained recognition and support in their pursuit of building an immersive metaverse within the world of blockchain technology. The anticipated launch of their ecosystem token in 2024 will further bolster their presence in the Bitcoin gaming market and beyond.

Tags: BitcoinDarewise EntertainmentHorizen Labs
TweetShareShare
Previous Post

Ripple Job Posting Fuels Speculation on Company’s IPO Plans

Next Post

U.S. Tech Giants Boost Market Cap by $2.4 Trillion in 2023, Driven by Generative AI

DON'T MISS THESE! HOT OFF THE PRESS

Could Dogecoin Actually Hit $1? With X Payments on the Horizon, It’s More Realistic Than Ever
CRYPTO

Could Dogecoin Actually Hit $1? With X Payments on the Horizon, It’s More Realistic Than Ever

June 23, 2025
Is $300K Bitcoin Really Possible? Why Top Experts Say It’s Not as Crazy as It Sounds
Bitcoin

Is $300K Bitcoin Really Possible? Why Top Experts Say It’s Not as Crazy as It Sounds

June 23, 2025
Who Will Win the Layer 1 Crypto War? These Are the Chains to Watch Right Now
Cardano

Who Will Win the Layer 1 Crypto War? These Are the Chains to Watch Right Now

June 19, 2025
SHIBA INU: From Meme Coin to DeFi Powerhouse — Is a 10x Possible in 2025?!
CRYPTO

SHIBA INU: From Meme Coin to DeFi Powerhouse — Is a 10x Possible in 2025?!

June 18, 2025
Michael Saylor’s Bitcoin Bet Looked Crazy—Now It Looks Genius
Bitcoin

Michael Saylor’s Bitcoin Bet Looked Crazy—Now It Looks Genius

June 17, 2025
Crypto Under Fire on X as a Wave of Suspensions Shock Investors
CRYPTO

Crypto Under Fire on X as a Wave of Suspensions Shock Investors

June 17, 2025
Load More

Related News

Ethereum Staking Hits 35M ETH—And It’s a Big Deal

Ethereum Staking Hits 35M ETH—And It’s a Big Deal

June 23, 2025
Institutions Keep Buying Bitcoin — But Can It Break Out?

Institutions Keep Buying Bitcoin — But Can It Break Out?

June 23, 2025
TON Network: A Comprehensive Overview of One of the Biggest Cryptos of 2025

TON Network: A Comprehensive Overview of One of the Biggest Cryptos of 2025

June 23, 2025
Could Dogecoin Actually Hit $1? With X Payments on the Horizon, It’s More Realistic Than Ever

Could Dogecoin Actually Hit $1? With X Payments on the Horizon, It’s More Realistic Than Ever

June 23, 2025
Iran Confirms Cease Fire With Israel: Here is What We Know

Iran Confirms Cease Fire With Israel: Here is What We Know

June 23, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.