Pax.world Raises $5.8M to Grow First Socialize-to-earn Metaverse
Pax.world, the next major metaverse project has successfully finalized its seed and private sale rounds totaling $5.8 Million. Having developed the next evolutionary step in communication, pax.world is well-positioned to become the next big player in the web3 metaverse solutions.
Yida Gao, General Partner of Shima Capital said “When we were first introduced to pax.world, it was clear that they stood out from other metaverse projects. The project’s sleek design and vetted team differentiate it among its peers. Pax.world is truly the first metaverse project to provide a real, grown-up, business and networking environment for its users.”
The private and seed round requests for interests oversubscribed 48 hours after the release of their whitepaper. This was on December 15th with over 2000 requests to invest. Since then, pax.world has finalized a carefully selected list of backers who include several prominent names. These include Reef, DFG Capital, TRGC, BlueZilla VC, Shima Capital, DextForce, Poolz, AU21 Capital and Jump Trading which serves as their public exchange market maker.
During their seed and private rounds pax.world was able to secure a who’s who of key opinion leaders (KOLs) in addition to securing a broad range of advisors to launch their project. Most notably contributors from other metaverse projects including Netvrk, early backers in Victoria VR.
“My vision five years ago was to build a virtual global community for individuals and brands while revolutionizing the way they interact online,” says Frank Fitzgerald, Founder of pax.world “The unprecedented level of interest we received in our fundraise has been extremely validating and given us the ability to grow our community and expand this vision, making this a reality, well, a virtual reality!”
With the coming IDO/IEO launch of their BSC based token on March 11, pax.world will announce multiple events on Twitter (@paxworldteam) in the coming weeks including, limited edition NFT collections featuring their interactive in world AI avatar named Charlotte, land sales starting later this quarter and a full public launch later this year.
About pax.world
pax: pacis f. [peace; calm , quiet] (Latin)
Pax.world is a ready-to-deploy open metaverse platform that provides advanced audio, video and chat features along with realistic avatars with advanced technical specifications. With no graphics card or VR headset required (but optional), pax.world will launch users into web3 right from their laptops or mobile devices with simple wallet onboarding and low hardware requirements.
They aim to innovate communication, discovery and knowledge in a new creative world owned by its members. The project aims to offer rich, interactive experiences that facilitate education, socialization, commerce and entertainment in a safe and inclusive environment.
To learn more about pax.world, visit:
Website | Twitter | Telegram | Medium
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
