NFT Metaverse Project Trace Bags 3 5 Mn In Seed Round

Please fol­low and like us:
Pin Share

These investments shall be used to develop the Metaverse, work on marketing and acquisitions, as well as brand development. The company appoints Abhyudoy Das as their advisor

Play-To-Earn NFT Meta­verse project, Trace rais­es over $3,000,000 in a closed round of seed invest­ments; through pri­vate invest­ments by HNI investors. Addi­tion­al­ly Trace also raised an addi­tion­al 500K USD through NFT Sales on the plat­form. These invest­ments shall be used to devel­op the Meta­verse, work on mar­ket­ing and acqui­si­tions, as well as brand devel­op­ment. The project, cur­rent­ly a host to over 100,000 mem­bers across local com­mu­ni­ties, has also announced the appoint­ment of Indi­an Cryp­to influ­encer, Abhyu­doy Das as their advi­sor. Trace is a Geo-loca­tion based meta­verse, which uti­lizes AR tech­nol­o­gy and is acces­si­ble via smartphones.

Com­ment­ing on his appoint­ment and Trace’s entry into the Indi­an Mar­ket, Abhyu­doy Das stat­ed “For the Indi­an mar­ket Play-To-Earn games have a lot of poten­tial to facil­i­tate mass adop­tion spe­cial­ly in the cryp­to-cur­ren­cy mar­ket. The Gam­ing mar­ket in India has seen a mas­sive growth over the past cou­ple of years and cur­rent­ly shows no sign of decline. Con­sid­er­ing the over­all pop­u­lar­i­ty and the kind of mar­ket pen­e­tra­tion of the Gam­ing indus­try, we feel this is the per­fect time to lever­age this inter­est to facil­i­tate mass adop­tion of the Cryp­to market.

Trace offers play­ers the poten­tial to make mon­ey sole­ly through the in-game fea­tures. Trace has already cre­at­ed an in-app mar­ket­place, where play­ers can buy and sell avatars, cars, car parts, boost­ers, and oth­er game items, which is much more con­ve­nient for the users than search­ing for the nec­es­sary NFTs on third par­ty marketplaces.” 

Source link

Please fol­low and like us:
Pin Share

Leave a Reply

Your email address will not be published. Required fields are marked *