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the jadu mirrorverse – RE3W.IO https://re3w.io Web 3 Gaming News Thu, 04 Aug 2022 23:31:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://re3w.io/wp-content/uploads/2022/06/cropped-6257123555f2839a6f5124cd_re3w-p-500-32x32.png the jadu mirrorverse – RE3W.IO https://re3w.io 32 32 Jadu Announced NFT Drop Date and Their Most Recent Raise https://re3w.io/2022/08/04/jadu-announced-nft-drop-date-and-their-most-recent-raise/ https://re3w.io/2022/08/04/jadu-announced-nft-drop-date-and-their-most-recent-raise/#respond Thu, 04 Aug 2022 23:31:54 +0000 https://re3w.io/?p=1039 The Jadu Mirrorverse is described as an “Augmented Reality game-world built around virtual items owned by its community of players”. Jadu just announced that it will launch thousands of avatars built on non-fungible tokens (NFTs) as it prepares for its augmented reality metaverse. 

The Los Angeles-based company plans to sell 11,111 NFT avatars at the end of the month. The NFT sale is part of their larger ambition to create a real-world AR gaming experience and ecosystem.

Jadu has raised a significant amount of capital to date – totaling $45 million. This includes their most recent raise of $36 million in a round led by Bain Capital Crypto. Back in December of 2021, Jadu also announced a $7 million Seed Round to accelerate the rapid progress of their web3 AR platform. The round was led by General Catalyst and Metapurse – with participation from LionTree, Coinbase Ventures, The VR Fund, and PKO Investments & Progression Fund.

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