Pixelverse, the developers of a Telegram-based crypto game, have secured $2 million in new funding from venture capital firms and private investors. The round included participation from Galaxy Interactive, Crit Ventures, and Arc Community, along with crypto figures Alex Kruger, Luke Belmar, Mike Dudas, and the pseudonymous Coco Bear.
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What is Pixelverse?
Pixelverse is a cyberpunk-themed browser-based game and Telegram mini-app. The ecosystem centers on accessible gameplay paired with web3 integration. Built with an anti-cheat system, Pixelverse positions itself as a low-barrier entry point for web3, offering players true ownership of in-game assets and rewards for active participation.
Details of Fresh Funding and Ecosystem Growth
The new capital arrives shortly after Pixelverse launched its cyberpunk browser and Telegram games. The platform reports more than 70 million registered users and 13 million daily active players. Pixelverse plans to direct the funding toward expansion into media and additional product lines, targeting sustainable growth and profitability.
Co-founder and COO Kori Leon stated: "This fundraising will support our growth right before our TGE which is coming this summer." With this round, Pixelverse has now raised $7.5 million total, backed by investors including Delphi Ventures, Merit Circle, and Mechanism Capital.
Previous Raise of $5.5 Million
Telegram Games on the Rise in Crypto
Telegram clicker games have gained traction in the crypto community through integration with the TON blockchain, originally developed by Telegram. These games let players earn rewards while using Telegram, a platform approaching 1 billion users worldwide.
Prominent examples include Hamster Kombat and Notcoin, both recognized for their gameplay mechanics and blockchain integration. Hamster Kombat reports a substantial user base, though exact player counts remain difficult to verify due to automated accounts.
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Pixelverse Tap-to-Earn Game; PixelTap
Pixelverse recently launched PixelTap, a tap-to-earn game built on the TON blockchain and accessible through Telegram. The move targets the growing interest in blockchain-integrated gaming, taking advantage of Telegram's reach among crypto users.
With fresh funding and a large user base, Pixelverse is positioned for continued expansion within the web3 gaming space. The platform's focus on accessible gameplay and blockchain integration places it among the notable players in this evolving sector.
