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Gigaverse Raises $2M from 1Confirmation to Revolutionize Crypto Gaming

Gigaverse Raises $2M from 1Confirmation to Revolutionize Crypto Gaming

Gigaverse, the buzzing crypto RPG that's been turning heads in the blockchain world, just dropped some major news. They've raised a cool $2 million from 1Confirmation, with backing from a star-studded lineup of supporters across crypto, gaming, infrastructure, and culture. This funding is set to supercharge their mission to build the largest and most fun crypto game out there.

Gigaverse $2M funding announcement with supporter list

For those new to the scene, Gigaverse is an epic role-playing game (RPG) built on blockchain technology, specifically live on AbstractChain and powered by Proof of Play. It's developed by the team at GLHFers, who are all about creating engaging, crypto-powered experiences. Think of it as a social massively multiplayer online game (MMO) where players can own, trade, and interact with in-game assets using blockchain – no more losing your hard-earned items when servers shut down.

The raise is led by 1Confirmation, a venture firm known for spotting winners like Polymarket, Farcaster, dYdX, and OpenSea. Gigaverse shouted out Brett Gibson and Nick Tomaino from the firm for their belief in bold crypto apps. It's their first external funding round, and it's coming at a perfect time. In just six months, they've pulled in over 75,000 paying players, generated $4.5 million in revenue, and seen $9 million in peer-to-peer trading. That's some serious organic traction, showing the community's love for this game.

To celebrate, Gigaverse is rolling out some limited-time goodies. There's a "Giga Juice" offer available for just seven days at the in-game vending machine – grab the Juice Tank for 180 days of juice, and you can claim a real GIGA cap. Plus, new cosmetics are up for grabs, but only for three days at the in-game vendor.

Gigaverse partnership with 1Confirmation

Excitement doesn't stop there. Tomorrow, September 4th at 11:00 AM EST, they're launching an auction for a one-of-one GLHFers character called Jucius Maximus. Details on his special abilities will drop in their Discord – head over to GLHFers' website to join the bid.

And for the cherry on top, they're dropping "Eggs" in collaboration with OpenSea. These Eggs will hatch into Steeds, which players can use to zip around the open world. Mint them now on OpenSea.

This move aligns perfectly with the growing trend of meme tokens and crypto gaming intersecting. While Gigaverse isn't purely a meme token, its community-driven vibe and fun, accessible gameplay echo the spirit of viral blockchain projects. It's a reminder that Web3 gaming is heating up, offering real utility beyond hype.

If you're into blockchain games or looking to dip your toes into crypto RPGs, Gigaverse is worth checking out. Join the fun at gigaverse.io and see why it's poised to be the next big thing in the space. With this funding, expect bigger updates, more players, and even wilder adventures ahead.

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