ZTX, a Singapore-based Web3 virtual world and creator platform, raised $13M in Seed funding.
The round was led by Jump Crypto. Other investors included Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group and others.
The company intends to use the funds to expand operations and its business reach.
Founded in 2022, ZTX is a joint initiative of Jump Crypto and ZEPETO, which, since its inception, has been actively building the components of its ecosystem. Last month, the company introduced its first Playtest, a private, invite-only beta test of its upcoming 3D open-world platform. It has also collaborated with Dust Labs, a web3 startup powering the technology behind the DeGods and y00ts digital collections, to launch the ZTX Partner Wearables, a community-centric initiative in which it provides tools to IP partners to facilitate the creation of 3D assets that can be used in an open-world environment to further expand the IP’s narrative.
In the coming weeks, ZTX will be launching its inaugural Genesis Home Mint – a collection of 4,000 bespoke 3D District Homes that will provide holders with benefits such as becoming a member of one of the four Districts – Arts, Financial, Fashion, Games – alongside special access to future drops, events and enhanced gameplay in ZTX.
FinSMEs
15/08/2023