Home Cryptocurrency News Product Release & Updates AlterVerse Gets New Funding From Binance

AlterVerse Gets New Funding From Binance

AlterVerse combines the best of gaming with the metaverse.

Alterverse

AlterVerse creates an immersive metaverse gaming experience built with Unreal Engine 5. The gaming project, which has already completed the Binance Labs Incubation Program, has announced that it received new funding from Binance, Polygon Ventures, Ankr, Baselayer Capital, and EnjinStarter to launch its first phase of development, Sky City.

AlterVerse also said that the Sky City pre-alpha access and playable demo were part of its new development. The project’s developers have spent more than two years building AlterVerse to be a standout metaverse project.

According to the team, funding from the ongoing private sale will power the AlterVerse ecosystem’s growth and be deployed for roadmap development. The AlterVerse team noted that there are a couple of other discussions with potential partners going on, which would further establish the project as a profitable venture.

Speaking on the vision of the game, Shashwat Gupta, Co-Founder of Baselayer Capital and CEO & Founder of Altcoin Buzz, said, “AlterVerse is a beautiful amalgamation of real-world experiences and high-end gaming in the metaverse. The vision and scale of the project is impressive, and what has already been developed is stunning. I look forward to continuing to support the AlterVerse team on this journey.”

There’s a lot of excitement surrounding AlterVerse’s development. Unlike regular metaverse gaming projects, AlterVerse includes top-notch design elements and realistic graphics. The project also has streamlined gameplay and an extensive 3D environment.

The Alterverse roadmap features 4 phases. However, Sky City is the first to launch. According to the platform’s release, the phases are:

  • Sky City: The core of the AlterVerse ecosystem where gamers can make purchases, craft NFTs, trade items and play to earn.
  • Outpost: First-person shooter action game
  • Rekt: Hardcore survival game
  • City Servers: Decentralized Metaverse platform with “Metaservers” that can be owned, operated, and customized

What’s Special About AlterVerse?

Earning is a huge part of the AlterVerse. So, players who own the $ACE token (the game’s native token) will stand a chance to profit from the game. ACE plays a huge role in the ecosystem. $ACE is used for player rewards and in-game transactions and will be launched on the BNB Smart Chain. The AlterVerse team is also building an NFT marketplace, which will also integrate with chains such as the BNB Smart Chain, Polygon, Efinity, etc.

AlterVerse will undoubtedly take the industry by storm. The project isn’t rushed like many others and has a well-experienced team. The team has years of experience collaborating with some of the world’s biggest gaming and entertainment companies. Some of the team members have worked with brands such as Activision, Blizzard, Respawn Entertainment, Sony Playstation, Gamestop, Gameworks, and E3. They have also contributed to games like God of War, Call of Duty, Titanfall, Overwatch, and Apex Legends.

Is the Project Valuable?

AlterVerse has over 70 partners, including some of the big names in the blockchain industry, including Enjin, Efinity, X Rocker Gaming, Bit Hotel etc. AlterVerse will combine the best of gaming with the metaverse. Now’s the best time to join the platform.

The project designed a system to reward users who support them. For example, some of the earliest users will have exclusive access to Sky City Pre-Alpha. Finally, the AlterVerse community is in its growing phase. So, getting onboard means becoming part of a new metaverse and gaming story.

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