Exverse

Exverse

A massively multiplayer 3D third-person shooter in the Battle Royale genre with Play and Earn mechanics. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD16—25m (Dealroom.co estimates Feb 2024.)
Dubai Dubai Emirate (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2022
Revenues1.4m
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DateInvestorsAmountRound
*

N/A

Early VC
N/A

$1.6m

Series A
*

$3.0m

Early VC
Total FundingCAD6.3m

Recent News about Exverse

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More about Exverseinfo icon
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Exverse is an innovative startup operating in the gaming and blockchain sectors. It has developed a unique platform that combines elements of a massively multiplayer online game (MMO) with blockchain technology. Specifically, Exverse is a 3D third-person shooter game in the Battle Royale genre, which means players compete against each other until only one remains. What sets Exverse apart is its "Play-to-Earn" (P2E) mechanics, allowing players to earn digital tokens and NFTs (non-fungible tokens) as they play.

The company primarily serves gamers who are interested in both competitive gaming and cryptocurrency. These clients are typically tech-savvy individuals who are looking for new ways to monetize their gaming skills. Exverse operates in the rapidly growing market of blockchain gaming, which combines traditional video gaming with blockchain technology to offer new forms of digital ownership and earning potential.

Exverse's business model revolves around its in-game economy. Players can earn tokens and NFTs through various game modes such as Battle Royale, Deathmatch, Team Deathmatch (TDM), and Player vs. Environment (PVE). These digital assets can then be traded, sold, or exchanged on Exverse's internal marketplace. This marketplace provides a seamless way for players to monetize their in-game achievements.

The company generates revenue through multiple streams. First, it sells in-game passes and skins, which are digital items that players can purchase to enhance their gaming experience. Second, it takes a commission on transactions made within its marketplace. Third, it benefits from the increasing value of its tokens (EXV and EXGOLD) as more players join the platform and demand for these tokens rises.

Exverse is community-driven, meaning it actively involves its players in the development and governance of the game. This approach not only fosters a strong sense of belonging among its users but also helps in building long-lasting relationships.

Keywords: blockchain gaming, Play-to-Earn, Battle Royale, NFTs, digital tokens, in-game marketplace, MMO, community-driven, cryptocurrency, 3D shooter.