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Writer's pictureJean D

Qoomon, a Crypto game, Raises Undisclosed Pre-Seed investment Led by Paper Ventures

Qoomon

November 25, 2024 


Qoomon, a new social and competitive gaming platform, has secured pre-seed funding to accelerate its mission of blending social interactions with competitive gaming. The funding round was led by Paper VC, with participation from Animoca Brands, BuildOnBeam, and a group of angel investors. The company aims to create a unique experience that fuses social elements with engaging game mechanics.


Launched with the vision to deliver a gaming ecosystem, Qooverse is working to build a platform that allows players to engage socially while competing in diverse gaming formats. The funding will help the team further refine their product and develop a smoother user experience that appeals to casual and competitive gamers.


Financial details of the raise have not been disclosed, but the involvement of notable investors highlights the confidence in Qooverse's potential. As the company continues to grow, it aims to establish itself as a key player in the evolving gaming sector.


About Qoomon


Qoomon is a social and competitive gaming platform dedicated to creating an immersive and engaging experience for players. Combining social interaction with competitive elements, the platform aims to attract a diverse audience of gamers. With backing from notable investors, Qooverse is positioned to offer innovative gaming solutions to users worldwide.


X: @PlayQoomon


About Investor

Paper VC

Paper VC is a venture capital firm that specializes in early-stage investments, particularly within the Web3 and gaming sectors. The firm focuses on companies that combine technology with interactive experiences to engage and grow new user bases. Paper VC has been at the forefront of supporting companies pushing the boundaries of digital interaction.


Location: Worldwide


A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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