From a gaming company to the biggest contractor in the Metaverse, LandVault gets $37 million in funding from SoftBank and others
Original source: PANews
Recently, the Metaverse Development Corporation. LandVault Declare complete. 3700 $10,000, one of the few large fundraising cases in the field recently. LandVault Why and why SoftBank, The Sandbox and nbsp; Kingsway Capital And other investment institutions favor?
3 Month 23 Day, LandVault Disclosed that it received The Sandbox, SoftBank and Kingsway Capital Lead investor, HodlCo And Gemini Frontier Fund Isoparametric 3700 $10,000 in funding, which it will use to continue its Web3 expansion and build AI tools, while expanding its teams in Asia, Dubai, Europe and the US.
"Our vision is to accelerate the economics of the metaverse, and recent advances in artificial intelligence technology are helping us quickly map that out. The metaverse needs an WordPress [open source website building tool] to make it as easy for anyone to build a website, and we're investing heavily in R&D to build those tools." LandVault Chief Executive Officer Sam Huber "Said the source. And The Sandbox Has been supported this year. LandVault Developed artificial intelligence tools.
LandVault , which specializes in building infrastructure for metaverse projects, Founded in 2017 At first, it helped brands develop and grow their games. 2021 Year 11 Month, LandVault Obtained 2500 Ten thousand dollars B Round of funding, which will be used for in-game advertising and meta-universe infrastructure development. That means so far. LandVault The total amount of financing has reached... 6200 Ten thousand dollars.
Until... 2022 Games, Inc. Admix Acquisition LandVaul Become the official transition to Web3 turning point, the former founder. Sam Huber Serve as LandVault Chief Executive Officer of Admix Is a gaming company that puts ads in games and has worked with companies like McDonald's, Calvin Klein, and nbsp; F 1 And other well-known brands have cooperated. After the rebranding, LandVault Not only has the valuation reached. 3 $100 million, plus access to "substantial financial resources and thousands of brand partners."
Back in the day 2022 Year 6 Month, Sam Huber; LandVault About 4 Metaverse product revenues in one month have exceeded those of the past two years combined. Currently, LandVault What is your business model?
Officially, LandVault It is not just builders who can provide end-to-end solutions for any project that wants to enter the metaverse, but also aims to help them generate profits in the metaverse, with services ranging from land leasing to project management to business measurement.
In the meta-universe construction, LandVault Total super 120 Named the Inner Builder and completed in the metaverse. 200 Built and developed 1 Hundreds of millions of square feet, about. 12% The metaverse is composed of LandVault Build. LandVault  is one of the largest developers in the metaverse, according to the company's website. Not only has it been and nbsp; The Sandbox, Decentraland, NFT World, World of Women And Somnium Space And many well-known encryption project cooperation, or Standard Chartered Bank, Heineken, L 'Oreal, mastercard, Hershey and Creative Artists agency And other traditional top brand partners. LandVault Once disclosed that LandVault The project charge will be based on a certain base cost, depending on the complexity and difficulty of development increases, from. 1 Small projects to close to $10,000. 7 For large projects in the digits, the average build time is 6 More than a week.
LandVault Help Hershey in. Decentraland Upper construction
In addition to land construction, landvaulted; Also provides land purchase and lease services, which has super   in the head item; 100 A lot of land. Of course, the holder can also mortgage the land. LandVault, which is rented by the platform.
In addition, LandVault Also provides AI technology support for Metaverse Discovery Tool, which can be used to help track market trends of each meta-universe platform, such as the number of land for sale, average price, sales volume and other indicators, can also view the price, characteristics and sales history of each land when purchasing land, and provide the best offer, as well as users can also view the sales indicators of sentiment index, land with development prospects, etc. It is worth mentioning that the metaverse platform is also available through LandVault nbsp; API Access Measurements To collect users and analyze usage, including new users, average connection time, maximum access period, most frequently visited locations, etc.
From a game company to a metaverse developer to an all-in-one metaverse toolkit, a successful transformation of the business in a short period of time may be. LandVault One of the main reasons for high financing.
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