China's metaverse "dark horse" Bigverse closes Series A funding round

Asian Tech Press (Mar. 3) -- Digital art company Bigverse, a dark horse in China's metaverse industry, recently completed a Series A financing round of tens of millions of yuan.

Bigverse is a Web3.0-based metaverse company, which was officially established last year. It has NFT China trading platform, Bigverse DAO, NFTCN STUDIO, metaverse NFT gallery, and metaverse auction house, aiming to provide an "open, interesting, thoughtful, and soulful" creative sharing space for Generation M residents.

Bigverse's NFT China, a representative NFT trading platform in China, was launched at the end of May last year. And by the end of December last year, it had more than 800,000 registered active users, more than 80,000 artists, institutions and other digital art creators, casting over 300,000 digital works over the past five months.

The funds will be mainly used to improve the introduction of talents, product development, upgrade of service system and market layout.

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