PRESS RELEASE — MetaLaunch, a multi-chain Metaverse launchpad and accelerator powered by Asva Labs, has announced a $3.2 million fundraise, according to a press release.
Backers include: SL2 Capital Capital, Excalibur Capital, Starter Capital, CMC Capital, Zephyrus Capital, Black Dragon, Dutch Crypto Investors, Meridian Capital, and other crypto-focused VC firms.
The MetaLaunch platform delivers fundraising and growth frameworks to fuel virtual world and gaming economies, as well as MetaFi applications to enhance the productivity of virtual ownership assets.
This latest infusion of funds will be used to expand MetaLaunch’s business and strengthen its operations. The funding will also support MetaLaunch’s continued endeavour to create a thriving ecosystem for the decentralised Metaverse sector. Beyond funding MetaLaunch, the VC network will also assist projects joining the Asva ecosystem by providing value propositions.
The current Metaverse landscape is riddled with challenges like the lack of DeFi infrastructure, fundraising and growth frameworks which hinder the growth of emerging Metaverse projects. MetaLaunch solves this while providing a Launchpad platform, a Metaverse Marketplace and a suite of MetaFi applications that enable projects to not only raise funds but also enable projects to provide staking and farming options.
The next phase: IDO Roadmap
MetaLaunch’s raise precedes $ASVA IDO which was successfully held on Starter Launchpad and will be held on the NFTb platform along with its own Launchpad, and give community members the chance to participate in $ASVA IDO. ASVA tokens will be used for various utilities on the platform including native token staking incentives, governance, access to IDO and INO deals on the launchpad, the metaverse marketplace and payments.
The next event will be held at NFTb, the Binance-backed complete Multi-chain DeFi and NFT platform, on 29th Dec 2021 | 12 pm UTC, and the last event will be taking place at MetaLaunch, the first-ever multi-chain metaverse launchpad and accelerator, on December 30th, 2021 | 1 pm UTC.
MetaLaunch will host an IDO round for giving the Asva community the opportunity to participate in the long-awaited $ASVA IDO. MetaLaunch, through its team of experts and network, aims to deliver end-to-end acceleration frameworks to fuel the growth of emerging projects, from ambition to realization and from Strategy and Marketing. The Launchpad features the most promising, vetted and impact-driven projects. Several top venture capital firms and council members have also joined the platform to review and perform strict due diligence on all the potential projects. Asva Labs is also looking to offer new avenues for users to get the most from their Metaverse experience by introducing gamification into the ecosystem.