What's with LandVault, which raised $40 million and is favored by investors like SoftBank?

23-03-28 21:20
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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?


Transitioning from traditional games to Web3, earned so far   6200  $10,000 financing


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."


LandVault  Business model: The developer is also the metaverse toolkit


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.


融资 3700 万美元,获得软银等投资机构青睐的 LandVault 有何来头?

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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