Saturday, October 19, 2024
11.4 C
New York

White Sands: Raises $8M For Its Island Metaverse

White Sands Raises $8M For Its Island Metaverse

  • White Sands, an Austin, TX-based provider of an island metaverse ecosystem, raised $8M in funding
  • The team has already made multiple significant investments to build out its virtual world
  • WhiteSands is a new metaverse ecosystem built on NFT Worlds and the Ethereum blockchain as a luxury island paradise
  • To further facilitate development, the team has expanded its own cross-functional team
  • In addition, the WhiteSands has invested $1.25 million to purchase 36 NFT Worlds, ensuring virtually unlimited capacity to build out and evolve its metaverse
  • The metaverse is expected to launch in a matter of weeks, with an exact date to be announced

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

LendingClub Corporation, a California-based digital lending platform, has...

Toss Securities promotes Gyubin Kim to CEO

Gyubin Kim has been promoted to CEO of...

UK challenger Monese to be acquired by fellow fintech Pockit

Pockit, a UK fintech, is acquiring Monese, a...

ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more

Bitlayer (Singapore) secured $9 million in a Series...

Aleph acquires majority stake in Argentinian PSP Localpayment

Aleph Holding has acquired a controlling equity interest...

Related Articles

Popular Categories

spot_imgspot_img