VICTORIA, Seychelles, April 27, 2022--(BUSINESS WIRE)--KuCoin, a leading global cryptocurrency trading platform, announced that its venture capital arm KuCoin Ventures making an investment of $1 Million in SakuraVerse, a web3 game infrastructure that develops and incubates multi-category games, accelerating the world's transition to Metaverse. This also marks that SakuraVerse becomes the very first project backed by KuCoin ventures $100 Million Creators Fund.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220427005048/en/
KuCoin Ventures Makes $1 Million Investment in SakuraVerse (Graphic: Business Wire)
The $100 Million Creators Fund is launched by KuCoin NFT marketplace-Windvane and KuCoin Ventures together, aims to help young artists and creators to show their talents to the public and to build an open, free, equal, and decentralized NFT marketplace meanwhile. The fund covers a diversified range of NFT projects, including sports, PFP, Asia Culture, celebrities, GameFi, and many other innovative projects, to promote the global mass adoption of blockchain.
As the first project backed by KuCoin Creators Fund, SakuraVerse is an innovative game platform based on Web 3. It builds decentralized game infrastructure and integrates social features to provide blockchain games with more fun for players. The core SakuraVerse team comes from the world's top game companies and covers 5 studios around the world. They have accumulated more than 40 million players in the traditional games, and have top IP and celebrity resources, as well as rich blockchain operation experience.
The new funding by KuCoin Ventures announced today will be used to support the growth of SakuraVerse in team expansion, platform, and popular IP games development.
Justin Chou, the Chief Investment Officer of KuCoin Ventures, said: "We believe that in Web3.0 the next-generation Internet-Gaming, plays an important role as a kind of prototype of the Metaverse. We are deeply impressed by the SakuraVerse team`s game and blockchain experience and excited with SakuraVerse`s vision of Web3.0. And we believe that the SakuraVerse team has the strength to create multi-genre games with more fun, stronger social attributes, longer life cycle, and more suitable for players in Web3.0."
Story continues
The CEO of SakuraVerse, Amaji added: "We feel extremely fortunate to have received the strategic investment from KuCoin Ventures and be shortlisted for the $100 Million Creators Fund. In order to achieve our ultimate goal, we will launch a large-scale leisure game platform to allow players from all over the world to be connected. Later this year, we will also develop a World Cup-themed soccer simulation game along with the Qatar World Cup to give us an opportunity to expose ourselves to the global blockchain emerging markets."
About KuCoin
Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles, offering over 600 digital assets, and currently provides spot trading, Margin trading, P2P fiat trading, futures trading, staking, and lending to its 10 million users in 207 countries and regions around the world. In 2018, KuCoin secured $20 million in Round A funding from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is currently one of the top 5 crypto exchanges. Forbes also named KuCoin one of the Best Crypto Exchanges for 2021. In 2022, The Ascent named KuCoin the Best Crypto Exchanges and Apps for enthusiasts.
About KuCoin Ventures
KuCoin Ventures is a leading investment arm of KuCoin Exchange that aims to invest in the most disruptive cryptocurrency and blockchain projects in Web3.0 era. With the commitment of empowering Crypto/Web 3.0 Builders with Deep Insights and Global Resources, it is also a community-friendly and research-driven full-stage corporate venture that focuses on DeFi, Game-Fi, Web 3.0, infrastructure, working closely with its portfolio projects throughout the journey of entrepreneurship.
About KuCoin NFT Marketplace - Windvane
KuCoin NFT Marketplace - Windvane is a more open and inclusive decentralized NFT marketplace powered by KuCoin, which will serve as a driving force in the industry. For KuCoin, it is committed to creating a comprehensive and highly compatible platform that will openly support mainstream NFT blockchains. Therefore, Windvane is empowered to offer the huge user traffic of KuCoin and the support of top KOLs and communities to help projects INO. As for customers, Windvane as a decentralized marketplace means low barriers to entry but data storage will be very secure. There is always a project you are optimistic about on this platform that brings together various types of high-quality projects.
About SakuraVerse
SakuraVerse is a web3 game platform that develops and incubates multi-category web3 games with a long life cycle. Through building decentralized game infrastructure and social platforms, it enables players to truly enjoy the games in Web3. The core SakuraVerse team comes from the world's top game companies and covers 5 studios around the world; Deeply involved in games for 20 years, SakuraVerse has accumulated many categories such as simulation RPG, SLG, card, and other social games with a monthly turnover exceeding millions USD. SakuraVerse also accumulates a number of popular IPs and top artists and has the R&D and operation capabilities to integrate the top IP, crypto, and games.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220427005048/en/
Contacts
KuCoinAshley Wangmedia@KuCoin.com
SakuraVersecontact@Sakuraverse.com
Continue reading here:
- Discover - Seychelles .Travel - Seychelles Tourism Board - December 10th, 2016 [December 10th, 2016]
- Seychelles Beach Resort - Wyndham Vacation Rentals - December 13th, 2016 [December 13th, 2016]
- Seychelles: Ethiopia Invites Seychelles to Invest in Its Tourism Industry - AllAfrica.com - February 7th, 2017 [February 7th, 2017]
- Seychelles Tourism reaches out to Belgium visitors - eTurboNews - February 7th, 2017 [February 7th, 2017]
- Getting to know the Seychelles - Alternatives Journal (blog) - February 10th, 2017 [February 10th, 2017]
- Hundreds of whales wash up dead on New Zealand beach - Seychelles News Agency - February 11th, 2017 [February 11th, 2017]
- Seychelles Vice President spent time at KMB - India.com - February 11th, 2017 [February 11th, 2017]
- Central Bank of Seychelles warns of temporary interruption to online banking platform - Seychelles News Agency - February 11th, 2017 [February 11th, 2017]
- 2 Russian nationals in Seychelles illegally are deported - Seychelles News Agency - February 11th, 2017 [February 11th, 2017]
- Seychelles' former President launches James Michel Foundation to continue promoting the blue economy - Seychelles News Agency - February 11th, 2017 [February 11th, 2017]
- SA, Seychelles nationals held in narcotics crackdown - The Standard (press release) - February 11th, 2017 [February 11th, 2017]
- A fern named Kati: Small plant in Seychelles named after conservationist - Seychelles News Agency - February 11th, 2017 [February 11th, 2017]
- Four suspected foreign drug barons deported to Seychelles - The Star, Kenya - February 12th, 2017 [February 12th, 2017]
- 33% increase in tourism arrivals in Seychelles: True! - eTurboNews - February 15th, 2017 [February 15th, 2017]
- SAA adds new code share route with Air Seychelles - News24 - February 17th, 2017 [February 17th, 2017]
- Navy completes Seychelles ship refit - Times of India - February 17th, 2017 [February 17th, 2017]
- Crystal Esprit Performs Seychelles Rescue - Cruise Industry News ... - Cruise Industry News - February 18th, 2017 [February 18th, 2017]
- South African Airways announces codeshare agreement with Air Seychelles - BizNis Africa - February 20th, 2017 [February 20th, 2017]
- Seychelles - The New York Times - February 20th, 2017 [February 20th, 2017]
- New Seychelles Diary blog enhancing tourism - eTurboNews - February 21st, 2017 [February 21st, 2017]
- Air Seychelles touches down for first time in Durban - eTurboNews - February 21st, 2017 [February 21st, 2017]
- Seychelles Tourism Minister works for daily flights with Mauritius - eTurboNews - February 22nd, 2017 [February 22nd, 2017]
- Seychelles Tourism is in Jeddah promoting tourism - eTurboNews - February 23rd, 2017 [February 23rd, 2017]
- Destination Seychelles: Topping travel lists in the US - eTurboNews - February 23rd, 2017 [February 23rd, 2017]
- Fourth Steber vessel for Seychelles resort - Manning River Times - February 23rd, 2017 [February 23rd, 2017]
- Seychelles' Dubai office welcomes visitors to Dubai travel and tourism event - eTurboNews - February 24th, 2017 [February 24th, 2017]
- Future is BRIGHT for Seychelles hospitality graduates - eTurboNews - February 24th, 2017 [February 24th, 2017]
- Seychelles Footwear's President and Director of Product on Overseeing the Brand Together - Footwear News - February 24th, 2017 [February 24th, 2017]
- French 'Memo Planet' supports Alain St.Ange - FTNnews.com (press release) - February 28th, 2017 [February 28th, 2017]
- Seychelles Tourism on the road in South Africa - eTurboNews - March 1st, 2017 [March 1st, 2017]
- #TravelGoals 2017: Rent a private Island in Indonesia or the Seychelles - GQ India - March 1st, 2017 [March 1st, 2017]
- Lanka and Seychelles to jointly fight drug menace - The Sunday Times Sri Lanka - March 1st, 2017 [March 1st, 2017]
- Mohammed receives President of Seychelles - Gulf Today - March 1st, 2017 [March 1st, 2017]
- St.Ange from Seychelles receives more support from the Mauritius - FTNnews.com (press release) - March 2nd, 2017 [March 2nd, 2017]
- Seychelles vies for its fair share of the China market - eTurboNews - March 2nd, 2017 [March 2nd, 2017]
- Seychelles reports 17% increase in South African visitors - Bizcommunity.com - March 2nd, 2017 [March 2nd, 2017]
- Seychelles Tourism team on its way to ITB Berlin - eTurboNews - March 3rd, 2017 [March 3rd, 2017]
- Breakout Role: Seychelles - Paste Magazine - March 3rd, 2017 [March 3rd, 2017]
- Get to Know the Seychelles - TravelPulse - March 3rd, 2017 [March 3rd, 2017]
- Moratorium update on large hotel projects in Seychelles - eTurboNews - eTurboNews - March 4th, 2017 [March 4th, 2017]
- France: Top producer for Seychelles Tourism - eTurboNews - March 8th, 2017 [March 8th, 2017]
- Seychelles holidays beneath the waves promoted in Italy - eTurboNews - March 11th, 2017 [March 11th, 2017]
- Abu Dhabi students fall in love with Seychelles - eTurboNews.com - eTurboNews - March 11th, 2017 [March 11th, 2017]
- Behind the scenes of the Seychelles debt-for-nature deal ... - ImpactAlpha (registration) - March 11th, 2017 [March 11th, 2017]
- Travel: Paradise found on Alphonse Island in the Seychelles - The Scotsman - March 12th, 2017 [March 12th, 2017]
- Seychelles Tourism promotes fishing at Italian fair - eTurboNews.com - eTurboNews - April 8th, 2017 [April 8th, 2017]
- Blackwater founder held secret meeting to establish Trump-Putin back channel - The Boston Globe - April 8th, 2017 [April 8th, 2017]
- Boost for KQ as open sky deal with Seychelles secured - The Star, Kenya - April 8th, 2017 [April 8th, 2017]
- Let's take lessons from Seychelles and divesify economy | The Star ... - The Star, Kenya - April 8th, 2017 [April 8th, 2017]
- Week in Pictures: Searcys' showcase and Seychelles: A Taste of Bliss - CIT Magazine - April 8th, 2017 [April 8th, 2017]
- Seychelles part 2: How to spend 3 days in the country - Independent Online - April 8th, 2017 [April 8th, 2017]
- Ethiopian Airlines route to Seychelles in December - Graphic Online - June 6th, 2017 [June 6th, 2017]
- Making the most of new opportunities: Seychelles attends inaugural ... - eTurboNews - June 6th, 2017 [June 6th, 2017]
- South Korean novelist, Young Ok Baek, joins Friends of Seychelles-Press circle - eTurboNews - June 6th, 2017 [June 6th, 2017]
- Inside the Seychelles' New Six Senses Zil Payson Island Resort - Robb Report - June 6th, 2017 [June 6th, 2017]
- A New Luxe Private Island Is Coming To The Seychelles - Forbes - June 6th, 2017 [June 6th, 2017]
- New committee set to run basketball in Seychelles - FIBA - June 9th, 2017 [June 9th, 2017]
- Escapades Seychelles 2017: Growing partnership reaping a successful harvest on the French market - eTurboNews - June 9th, 2017 [June 9th, 2017]
- Kiwis in flight: 7 reasons to put Seychelles on your bucket list - Stuff.co.nz - June 9th, 2017 [June 9th, 2017]
- Further growth in Seychelles' visitor arrivals from German-speaking market - eTurboNews - June 10th, 2017 [June 10th, 2017]
- Absolute Seychelles: New magazine providing insider's guide to this island destination - eTurboNews - June 10th, 2017 [June 10th, 2017]
- Libya dismantle Seychelles to send stern signal to Nigeria - Goal.com - June 10th, 2017 [June 10th, 2017]
- SADC approve R40m grants to Madagascar, Seychelles - Southern Times Africa - June 12th, 2017 [June 12th, 2017]
- Seychelles concludes 3rd edition of Eastern Europe Roadshow, providing added boost to growing market - eTurboNews - June 13th, 2017 [June 13th, 2017]
- Seychelles' annual Benelux roadshow going from strength to strength - eTurboNews - June 14th, 2017 [June 14th, 2017]
- Air Seychelles announces codeshare service to Beijing - eTurboNews - June 14th, 2017 [June 14th, 2017]
- Seychelles | Hetalia Archives | Fandom powered by Wikia - June 17th, 2017 [June 17th, 2017]
- Seychelles' MAIA Luxury Resort and Spa wins Best Island Hotel accolade by Prime Traveller Awards - eTurboNews - June 17th, 2017 [June 17th, 2017]
- Air Seychelles expands codeshare network to Beijing - Aviation Tribune - June 17th, 2017 [June 17th, 2017]
- Seychelles Attractions - What to See in Seychelles - June 17th, 2017 [June 17th, 2017]
- Seychelles as a destination of choice generates interest among travel trade at INDABA Exhibition in Durban - eTurboNews - June 21st, 2017 [June 21st, 2017]
- Seychelles sees 2017 GDP growth at 4.1 pct - finance minister - Times of India - June 21st, 2017 [June 21st, 2017]
- Better connections with North America's travel trade expected as Seychelles Tourism Board joins USTOA - eTurboNews - June 22nd, 2017 [June 22nd, 2017]
- Touchdown! Seychelles Tourism creates awareness at Durban rugby event - eTurboNews - June 23rd, 2017 [June 23rd, 2017]
- Aiming for greater visibility in South Korea, Seychelles emphasizes affordable holiday options at HanaTour 2017 - eTurboNews - June 23rd, 2017 [June 23rd, 2017]
- It's a wrap! Tropika Island of Treasure ends, boosting Seychelles tourism - eTurboNews - June 24th, 2017 [June 24th, 2017]
- Manchester United target Alvaro Morata goes snorkeling in the Seychelles as he relaxes on honeymoon with stunning ... - The Sun - June 24th, 2017 [June 24th, 2017]
- Germany leads the way in visitor arrivals to Seychelles - eTurboNews - June 24th, 2017 [June 24th, 2017]
- Seychelles | history - geography | Britannica.com - June 24th, 2017 [June 24th, 2017]
- 5 Interesting Things about Seychelles - Africa.com - June 26th, 2017 [June 26th, 2017]