Worldwide Webb Beefs Up NFT Recreation with $10M from Pantera

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Fast take:

Worldwide Webb has acquired a $10 million funding from Pantera Capital.
The metaverse sport developer mentioned it can use the funds to combine extra NFT collections and rent extra employees.
Worldwide Webb affords an interoperable MMORPG that enables gamers to carry their very own NFTs into the gaming ecosystem.

Pantera Capital has invested $10 million within the interoperable massively multiplayer on-line roleplaying sport (MMORPG) maker Worldwide Webb. The corporate mentioned it can use the funds to rent extra employees, combine extra non-fungible token (NFT) collections and get into partnerships with manufacturers and mental property holders.

Worldwide Webb was launched in 2020 by Thomas Webb. The interoperable avatar sport permits gamers to carry their very own NFTs from a number of blockchains to the gameplay. They’ll use the NFTs as avatars to interact in quests, battles and raids.

The Ethereum-based NFT sport additionally permits gamers to amass digital plots of land provided as NFTs. Gamers can achieve entry to increased ranges within the sport by successful battles. The corporate can also be on the right track to launch its browser-based player-vs-player sport Blockbusterz.

Commenting on his firm’s funding in Worldwide Webb, Pantera funding affiliate Sehaj Singh mentioned: “Worldwide Webb bridges the hole between conventional gaming and NFT communities through an ever-expanding catalogue of browser-based mini-games, the place each participant can leverage a novel identification (within the type of an NFT.”

“Not solely has Webb’s rapid-iteration on sport growth led to enjoyable and fascinating mini-games, however the Worldwide Webb platform has supplied one more channel for NFT communities to reinforce engagement and neighborhood constructing,” added Singh, in accordance with a press launch on Thursday.

However, in an e-mail to CoinDesk, Worldwide Webb founder and CEO Thomas Webb commented: “We’re constructing instruments to permit them to carry their IP into the sport. That is via [Worldwide Webb Land] the place they’ll construct areas, combine their present NFTs and construct new ones into the Webb ecosystem.”

In keeping with Webb, his firm is just not solely seeking to combine NFTs into its metaverse ecosystem but in addition “carry their IP into the Webb universe” the place gamers can use them in quotes, boss fights and different objects.

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