U-topia, a Dubai, UAE-based Web3 leisure firm, acquired a $850K funding from GDA Capital.
The corporate intends to make use of the funds to develop options and applied sciences from its platform, improve its capabilities, and consolidate its place on the intersection of the IP and blockchain trade.
Led by CEO Emmanuel Quezada, U-topia empowers a gamified multiverse that transforms customers’ engagement with NFTs by providing leisure merchandise comparable to video video games, music, and films backed by NFT provenance. It leverages prime Mental Property (IP) from Web2 comparable to content material from sports activities matches by skilled groups, and online game content material much like Bandai Namco, whereas providing rewards & advantages from Prime 100 retailers like Nike and prime NFT collections from Web3. By way of its pockets, U-topia goals to combine it into all Web3 Dapps & Video games permitting mainstream adoption of digital belongings.
FinSMEs
07/04/2024
