(MENAFN- GlobeNewsWire - Nasdaq)
London, United Kingdom, Jan. 13, 2022 (GLOBE NEWSWIRE) -- London, United Kingdom - Vault Hill, the first ever human-centric, blockchain-based metaverse, is excited to announce that it has successfully completed its pre-seed and private funding rounds where it raised $2.1 million to aid the development of the metaverse designed to enhance the human experience. The rounds were led by Master Ventures with strategic investments from R-930 Capital, Unreal capital, Spring Dawn Ventures, Evan Luthra, Herd Ventures, Lithium ventures, Girnas Capital, Ferrum Network, TrustSwap amongst other angel investors.
This is a huge step forward to accelerate Vault Hill 's plan to humanise technology through the creation of a constructive metaverse that focuses on the basic human instincts which allow users, content creators and developers to explore their unrestricted creative freedom whilst monetising their creation in the secure ecosystem.
Vault Hill's Founder and CEO, Jimi Daodu, stated that“this is a testament to the hard working, talented and diverse team at Vault Hill and also the uniqueness of our product offering in the vast competitive market we are playing in.”
Meanwhile, with the first fundraising round off the to-do list, Vault Hill is thrilled to announce that the second round of fundraising, that is, the public sale of the $VHC token is currently ONGOING from January 10-14, 2022 on major launchpads – PAID Ignition, Moonstarter, TrustSwap, SuperLauncher, Lithium, MaticLaunch and Kommunitas.
Equally worthy of note is that although the metaverse is not yet up and running, Vault Hill has already secured six partnerships with global brands (especially for digital wearables and for improving health and wellbeing) who will be establishing their virtual office in the metaverse once it launches in Q1 2022. Likewise, the Vault Hill community is constantly growing with about 90,000 #VaultHillers currently across all social media platforms.
Considering the booming blockchain industry, and with many metaverse projects already existing, what distinguishes Vault Hill so much that it attracts an insane amount of attention from prominent blockchain venture capitalists, businesses, and individuals?
The first unique differentiator is the human-centric nature of the metaverse. The infusion of human elements in the metaverse means that Vault Hill is not offering a distant unrealistic concept, but rather, a platform that users can realistically engage with. This means that users will be able to do everything they currently do in the physical world and much more. Users will be able to interact with others, build romantic connections, play games, improve health and wellbeing, curate art, buy virtual land, own NFTs, transact on the secure platform using $VHC token or other crypto currency of choice, and also explore the seven Districts themed after basic human instincts and functions. The potential of the metaverse as a world where users get to explore different aspects of themselves and overall, feel more human with each visit, is absolutely exciting and undeniable.
Secondly, Vault Hill is the first virtual world with urban planning and development benefits to ensure users build on their Virtual Land (VLAND) respectfully. Users who own virtual land in Vault Hill City will have total creative freedom to build anything they can imagine on their land. This could range from fitness centres, fashion studio, art galleries, museums, or even libraries and earn returns as other users interact with the projects on their land. Alternatively, land owners can choose to hold their VLAND to sell later at a higher price in the marketplace.
Contact Person: Oyin Ajayi
Company: Vault Hill
Country - London, United Kingdom
The information provided in this release is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrency).
Source: 'Submit123-White Label Press Release Distribution Service'
Tags Vault Hill Metaverse Blockchain crypto Fintech
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.