Dubai’s gaming start-up Exverse levels up with $3 million investment for blockchain gaming ambitions

Dubai gaming startup Exverse secures $3 million to fuel its blockchain-based gaming platform, promising immersive experiences, community building, and player rewards, with a focus on token launch, marketing, and partnerships.

Dubai’s gaming scene is witnessing a revolution, and at the forefront stands Exverse, a pioneering startup that has secured a $3 million investment to propel its ambitious vision of bringing AAA-quality gaming experiences to the Web3 space. This significant funding round, led by Cogitent Ventures, Cointelligence, and Moonrock Capital, marks a major milestone for Exverse, attracting additional support from industry giants like KuCoin Labs, Seedify, and ChainGPT.

Exverse, founded in 2020 by Nikita Uriupin, has already garnered a loyal following, boasting over 65,000 registered users eager to dive into its unique blend of AAA-quality gameplay and Web3 functionalities. The platform leverages blockchain technology to foster a sense of ownership and community, allowing players to not only engage in thrilling first-person shooter action but also participate in social events, build user-generated worlds, and even earn rewards in the form of tokens. Top performers can even claim a share of the profits generated through in-game NFTs, further blurring the lines between player and stakeholder.


This latest funding round will serve as a springboard for Exverse’s ambitious plans. The company intends to utilize the capital to support the launch of its highly anticipated token, a crucial step in establishing its in-game economy. Additionally, the funds will be directed towards expanding marketing efforts, particularly within the Asia-Pacific region, a market brimming with potential for the platform’s unique offerings. Furthermore, Exverse plans to leverage the investment to bolster its test net, ensuring a smooth and seamless user experience upon launch.

Collaborations with industry heavyweights like KuCoin Labs, a prominent player in the Web3 scene, signify a powerful validation of Exverse’s approach. As players seek more ownership, control, and community-driven experiences, blockchain technology emerges as a powerful tool to unlock these possibilities.

Exverse, with its AAA-quality gameplay, tokenized rewards, and focus on community building, stands poised to become a frontrunner in this exciting new era of gaming.