Pixelverse Secures $5.5 Million in Funding to Expand Tap-to-Earn Game on Telegram

Pixelverse, a newly launched tap-to-earn Web3 game accessible via the Telegram messaging app, has successfully raised $5.5 million in a recent funding round. The investment was led by prominent venture capital firms such as Delphi Ventures, Merit Circle, and former Nexon CEO Joonmo (James) Kwon, who now heads Delabs Games.

Since its launch, Pixelverse has rapidly gained traction, attracting over 15 million users within its first month. The game leverages Telegram’s extensive reach within the crypto community, allowing users to earn cryptocurrency by engaging with the game.

“We are excited to support Pixelverse as they utilize Telegram’s distribution capabilities to draw a vast audience into their ecosystem,” stated Piers Kicks, founding partner of Delphi Ventures.

The funding round also saw participation from other notable investors, including Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, Foresight Ventures, and Sébastien Borget, the founder of The Sandbox.

Pixelverse joins the ranks of other Telegram-based Web3 games like Hamster Kombat and Notcoin, offering users the opportunity to earn crypto through consistent gameplay. The fresh capital will be used to fuel the game’s growth and further develop its ecosystem, positioning Pixelverse as a significant player in the Web3 gaming space.