Darewise Entertainment generates $3.5 million in token presale

Darewise Entertainment, which is otherwise known as Darewise, is an affiliate of Animoca Brands. The company has managed to acquire $3.5 million through a presale of a token that is on the anvil and to be released in the imminent future. The money will be directed towards the creation of the Bitcoin metaverse ecosystem, an initiative of Darewise. 

This has taken place following the announcement that Darewise is going to introduce the ecosystem token on Bitcoin and will be incorporated in the soon-to-be-released “AAA” MMO game, Life Beyond. 

The investors who contributed towards the presale of the token belong to various verticals, like gaming investors, Web3 VC funds, such as Gamefi Ventures and London Real Ventures, along with Citizen Capital, Blocore, Animoca Ventures, Yat Siu, who is the Co-Founder and Executive Chairman of Animoca Brands, and some other investors. This is one time when a cryptocurrency presale turned out to be a thumping success. 

As soon as the Darewise token is made public, it will contribute to the growth of the whole Bitcoin ecosystem, including the gaming, brand, and real-world or IRL exposure sectors. Life Beyond will be the first gaming metaverse to use the token for in-game assets, virtual plots, and much more.

According to the founder of Blocore, James Lim, they decided to contribute towards Darewise and Life Beyond as they were impressed by the incorporation of the Bitcoin ecosystem and an all-inclusive exposure that will help in restructuring the face of digital scouring and linking possibilities.

A representative from Citizen Capital stated that Life Beyond is a project that is very memorable. He discussed the astounding overall result, down to the knowledgeable team members who worked behind the scenes and played a key role in giving it its final shape.

According to Benjamin Charbit, the CEO of Darewise, they are very appreciative of the investors for their contributions, as well as the fact that they put their full trust in the business and its vision. The token will most likely be issued at some point in the first quarter of 2024. It will be supported by Horizen Labs, the organization responsible for delivering ApeCoin.

Animoca Brands is Darewise Entertainment’s parent company, and the latter is actively involved in the Web3 gaming platform. Experts from the AAA game business founded the company, which is now developing the play-and-earn science fiction massively multiplayer online game known as Life Beyond.

In the case of Life Beyond it is a gaming hub located within the metaverse that gives players the opportunity to take their first steps on the way toward constructing a new planet on Planet Dolos.

Animoca Brands is a leading Web3 company that makes use of blockchain technology to facilitate the distribution of digital property rights to users on a global scale in order to establish an open metaverse.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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