Mobile Gaming Platform MetaverseGo Closes $4.2 Million Seed Round with Dragonfly Capital Involved

Mobile gaming platform MetaverseGo closed a $4.2 million seed funding round valued at $40 million, led by Galaxy Interactive, with participation from Dragonfly Capital, Mechanism Capital, Shima Capital, Yield Guild Games (YGG), and BreederDAO. The funds will be used for software development, securing partnerships with telecommunication providers and strategic hires. MetaverseGo allows users to sign up and start playing games like Axie Infinity and Cyball using just a cell phone number. It then sets up the players' wallets and grants them access to digital assets owned by gaming guilds such as YGG.