Skip to main content
110% Deposit Bonus from mBit

Former Antpool CTO & NEO ECO Fund Joined NeoWorld’s First Round of Equity Fundraising

First blockchain-powered virtual world NeoWorld has over 50,000 residents now from over 50 countries, with average daily active users ranging in thousands.

NeoWorld, a blockchain game project based in Singapore, has recently closed a private round of equity fundraising from heavy-weight institutional investors, valuing the project at tens of millions of US dollars.

Participants include reputable industry leaders like NEO ECO Fund and Antpool CTO Hong Sen.

NeoWorld also drew interests from traditional internet sector. Bfund Capital, founded by ex-Alibaba executive and founder of XiaMi Music Wang Xiaowei, took a substantial stake in this round together with blockchain gaming ecosystem platform Field Chain Foundation.

The new funds will be used to accelerate NeoWorld’s continued efforts in building its virtual world, User-Generated-Content initiatives, and global expansion and VR versions.

The NeoWorld project (www.neoworld.io) is the first blockchain-powered virtual world. As of today, the NeoWorld has over 50,000 residents now from over 50 countries, with an average daily active users in the range of thousands.

Following a Second Life similar game concept, players in NeoWorld are incentivized to create contents ranging from stand-alone shops to complex business districts, in order to earn income from other players and advertisers.

NeoWorld has its own currency based on Ethereum, NeoWorld Cash, which is the medium of all transactions in the virtual world and the cornerstone of its decentralized economy.

In addition, the project works with leading blockchain companies like IOST, NEO, EOS and Ontology to build a multicurrency universe.

RELATED ARTICLE

1xBit Live Gaming Cup Play with Cryptos

LATEST CASINO NEWS & INTERVIEWS


News

NBA Conference Finals: Game 4 Odds at Bitcoin Sportsbooks

September 23, 2020

Place your futures bets at top Bitcoin sports betting sites now for the upcoming matches on the NBA conference finals Game 4 this week.

You Can Now Play Tom Horn Gaming Slots at LottoGo

September 22, 2020

Tom Horn Gaming solidifies its share of the UK market by partnering with online lottery organization Annexio’s flagship brand, LottoGo.

Premier League 2020/2021: Matchday 3 Odds at Bitcoin Sportsbooks

September 21, 2020

Get your bets in early at top Bitcoin sports betting sites for the upcoming matches on Premier League 2020/2021 Matchday 3 happening this weekend.

Interviews

Interview with Eman Pulis, Founder of SiGMA

July 14, 2020

We had the opportunity to talk to Eman Pulis, founder of SiGMA, a highly-successful iGaming expo and conference home to 14000 attendees and 500 exhibitors.

Interview with Gregor Rozic, Sales Manager at GameART

July 7, 2020

We’ve had the opportunity to talk to GameART Sales Manager Gregor Rozic, who has 10 years of experience in online gaming on casino and poker content.

Interview with Magnus Leppäniemi, VP of Marketing & Head of Esports at Esports Entertainment Group

June 30, 2020

We had the opportunity to talk to Magnus Leppäniemi, VP of Marketing & Head of Esports at Esports Entertainment Group and member of Vie.gg Advisory board.

CHOOSE CASINOS NOW
Your Message
LEAVE A MESSAGE
RESET PASSWORD

Please enter your email address:

LOGIN TO BBC
No account yet? Register here
Forgot Password? Click here
JOIN US NOW
Already have an account? Login
Forgot Password? Click here