Published
2 years ago on
February 17, 2022
A recent funding round that pooled from some of the largest names in Web3 has seen Bullieverse, a Metaverse-based community-driven game, raise $4 million USD. Created on the Unreal Engine, Bullieverse represents a unique approach to gaming, letting content creators take control of the mechanics and economy.
The large bulk of this funding round came from a core selection of high-profile investors, including Rainmaker Games, OKX Blockdream Ventures, Fundamental Labs, GracityX, LD Capital, Genblock Capital, Spark Digital Capital, Roark Fund, Shima Capital, ExNetwork, Mintable, DWeb3, Gate Labs, Good Games Guild, and C² Ventures. The wide variety of investors within the pool further demonstrates the community buzz that’s surrounding this project, with many people turning their sites towards Bullieverse.
The CEO of Bullieverse, Srini Anala, suggests that this funding will help supercharge the progress of the project, “Closing this funding round is a key milestone in Bullieverse journey,” propelling them on with “the momentum we need to achieve our vision.” Considering that Bullieverse is one of the only Web 3.0 products that have a working and playable product, they are an incredibly unique opportunity for the industry.
One aspect of the Metaverse which has continually been gaining popularity over the last few months is gaming, with innovative reinventions of classic games drawing in huge user-bases. Bullieverse is an example of one of these games; its play-to-earn economic system allows users to spend time in the game and earn in-game NFTs for their participation. This, combined with the fun, community-driven structure, has created a buzz around the project.
Within Bullieverse, users are able to access an expansive virtual world, where creators and players join together to propel a unique gaming experience. The project centers on a range of minigames within the virtual world, with players being able to compete against their friends in a range of different online games. As users can create and publish their own minigames, the project has seen creative minds take to it, developing whatever they can imagine within the virtual system.
Alongside the pull of entertainment, investors have taken note of the community interest in the economy of Bullieverse, with asset creation, distribution, and trading becoming a core aspect of the virtual economy. Users are able to buy and lend assets to each other, creating a monetary system where the players directly benefit.
By creating minigames and popularizing them, creators have the opportunity to create a monetary stream of income while enjoying an original gaming experience. Currently, the most successful game on the platform is known as ‘The Bear Hunt,’ which is currently receiving early access players. The full minigame is set to launch in Q1 of 2022, with the community keenly expecting its arrival.
Mike Dudas and Serge Kassardijian, part of the team at 6th Man Ventures, one of the recent investors, share the community’s excitement, stating that they’re confident in the “very experienced and balanced team” with a “top tier metaverse-gaming product” that Bullieverse is demonstrating.
With a comprehensive building system that allows users to create whatever they can imagine and an in-game economy that is further driving engagement, Bullieverse represents an interesting new project that’s launched into the Metaverse.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
