MetaDojo raises $3 million to bring modular marketplaces to the Metaverse. MetaDojo has $3 million in a seed round of funding to create accessible and affordable metaverse venues. , , Altonomy Ventures, Jsquare, Walsh Wealth Ventures, Good Games Labs, PAKA Fund, NFT Technologies, IBC Group, LD Capital, and TsingTing Capital were among the crypto-native funds that participated in this round, which was led by (DFG). raised OKX Blockdream Ventures NGC Ventures Digital Finance Group Dojos are adaptable 3D structures that can be easily embedded into websites or deployed into metaverses. Owners can show off and trade their NFT collections, promote products and services, reward users for creating content or completing missions, host virtual meetings and events, and much more inside these purpose-built metaverse buildings. By converting their valuable skills and experience into professional services and NFTs listed in the marketplace, creators make significant contributions to the Metaverse ecosystem. There will be possibilities for ‘Ninjas’ to offer their services and knowledge in fields such as 3D animation, interior design, and event management, to mention a few. Token holders will engage in governance via voting power, as with any real decentralization initiative. A dojo is a hall or space where people may study or meditate in an immersive environment. By providing ready-to-use 3D structures, we want to make it a little simpler for consumers and companies to start developing their metaverses. They may utilize them as their houses, galleries, stores, schools, and nightclubs, among other things. The only limit is your creativity. They will be available in a variety of configurations and will be smoothly deployed throughout any metaverse and integrated on websites and social media platforms. The Rise and Rise of Metaverse in 2022 If the previous century was marked by mass manufacturing and the advent of the Internet, the twenty-first century may be remembered for the creation and spread of the virtual world, or Metaverse, which promises to be more immersive, interactive, and collaborative than the Internet has yet to achieve. Despite the grandiose expectations and promises made by many entrepreneurs experimenting in this field, it has become abundantly evident that Blockchain technology will underlie the Metaverse and help establish a sustainable environment for all its participants. While it is not unreasonable to believe that the Metaverse will influence traditional vocations or activities that are fairly commonplace now, its impact on society and how people interact with one another will be significant. Using crypto tokens issued by companies supporting these virtual connections, consumers will be able to buy digital avatars, virtual land, and even organize a party for loved ones. Artists will perform in the Metaverse, get paid in cryptocurrency, and trade their winnings for tangible items. The Metaverse extension will increase the amount of value that can be unlocked, leading to a fast expansion of the global economy. Today, a fledgling form of the Metaverse exists, with digital products like Non-Fungible Tokens (NFTs) reflecting popular art and digital relics attracting investors and crypto enthusiasts alike. With major players like Facebook, or Meta as it’s now known, entering this space and boldly signaling that the Metaverse is the new future, it’s only a matter of time before other entities follow suit, resulting in an exponential expansion of the Metaverse’s boundaries and unlocking vast amounts of value previously unknown to consumers and investors. Catch all the breaking news, and Don’t forget to like the story!

Facebook

Funding

Twitter

Winner of Noonies 2020 for the award Hacker Noon Contributor of the Year - DATA.

2020 - Hacker Noon Contributor of the Year in DATA

Read My Stories

Too Long; Didn't Read

Discover Saakuru: Web3 Mass-Adoption with 0-FEES

MetaDojo Raises $3 Million from DFG and OKX Blockdream to Bring 3D Modular Marketplaces to Metaverse

Too Long; Didn't Read

Companies Mentioned

Ishan Pandey

About Author

TOPICS

THIS ARTICLE WAS FEATURED IN...

MetaDojo Raises $3 Million from DFG and OKX Blockdream to Bring 3D Modular Marketplaces to Metaverse

Too Long; Didn't Read

Companies Mentioned

Ishan Pandey

About Author

TOPICS

THIS ARTICLE WAS FEATURED IN...

RELATED STORIES