Pixelverse, developer of the Telegram-based game PixelTap, has secured an additional $2 million in funding ahead of its token generation event (TGE).
Pixelverse, the developer of the popular Telegram-based game PixelTap, has announced that it has secured an additional $2 million in funding ahead of its token generation event (TGE). This brings the total funding raised by the company to $7.5 million.
The latest round of funding was participated by several notable investors, including IOSG Ventures, HashKey, and SNZ. The funds will be used to support Pixelverse’s expansion into new markets and the development of new products.
In a statement, Kori Leon, Co-Founder and Chief Operating Officer of Pixelverse, said, “We are expanding into Pixelverse media and several product lines to ensure the long-term sustainability and profitability of our operations. This fundraising will support our growth right before our TGE which is coming this summer.”
PixelTap is one of the most popular games within the Telegram Mini-Apps Ecosystem. It is a simple yet addictive game that involves tapping on squares to earn points. The game has quickly amassed a large following, with over 100,000 players already.
The game is also notable for its potential to generate airdrops for players. Several projects have already announced plans to airdrop tokens to PixelTap players, including TON Crystals and Everai.
With the growing interest in tap-to-earn games within the Telegram Mini-Apps Ecosystem, it is likely that more investors will be keeping a close eye on Pixelverse and its upcoming token launch.
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