MetaTrace, an innovative GameFi venture, secures a pioneering license from the UAE RAK DAO within the free economic zone. Embarking on its third investment round, the project aims to amass $25 million for global expansion, fortifying its market presence globally.
Since its May 2022 launch, MetaTrace has captured attention with its NFT collection, raising an impressive $500,000. These funds fueled development, marketing initiatives, team assembly, and an innovative product. By August 2022, a successful MVP on the geolocation platform MetaFora, powered by Polygon blockchain, was unveiled.
The second investment phase garnered $5,150,000, supported by angel investor Alexey. This marked the beginning of an extensive blockchain product ecosystem and a team of 50+ professionals. In September 2023, the MetaTrace TRC token debuted on exchanges, showcasing a 400% increase and maintaining a leading market position.
Now launching a Series A investment round of $25 million, MetaTrace targets global market entry, operational expansion, worldwide marketing, and inclusion on new exchange platforms. The team anticipates this investment as crucial for achieving ambitious goals and solidifying MetaTrace’s GameFi industry leadership.
Mezen consulting group values MetaTrace at over $296 million, with projections soaring to $700 million within the next year. Despite the high valuation for a yet-to-be-fully-launched game, MetaTrace’s substantial user base and vibrant ecosystem provide a distinct advantage in this dynamic project.
