Chimeras Play-to-Earn Metaverse Raised Over $2 Million During Successful Funding Round

Mobiquity Technologies, Inc. Announces Closing of $10.3 Million Public Offering

Chimeras successfully raised over $2 million in its latest fundraising round, which will help to fund the play-to-earn project’s market and product development.

The Chimeras Play-to-Earn metaverse project has completed its funding round with the participation of leading blockchain venture companies, including, amongst many others, Master Ventures, AU 21, Poolz, BullPerks, X21, OIG Invest, Panda Capital, Shima Capital, LVT Capital, Otis Capital and Lotus Capital. The round successfully raised over $2 million which the Chimeras team has earmarked for the metaverse’s product development and marketing campaigns, including the launch of its brand native token, CHIM.

Marketing Technology News: Sensibill Named a Top Growing Company by The Globe and Mail for the Second Consecutive Year

The team is also announcing the upcoming Chimeras initial DEX offering (IDO) on the Ignition, Poolz, and BullPerks platforms. The Poolz platform IDO will take place on October 26th, followed by the Ignition and BullPerks IDOs two days later on October 28th. Additionally, Chimeras are in the process of negotiating with one more IDO platform – the details of which will soon be shared on social media. After all IDOs have taken place, CHIM will be available to trade freely in the cryptocurrency market.

A Strong In-Game Economy

CHIM will have a maximum supply of 75,000,000 CHIM, with the initial supply allocated between its team, leading blockchain-focused funds, advisers, users who are part of the Chimeras metaverse and farming pools. Users will be able to use these pools to provide in-game loans, as well as generate interest and other rewards.

The token will also form the backbone of the in-game economy, allowing users to exchange in-game assets such as land and NFT-based items. Users can also spend CHIM on content creation and the maintenance of in-game assets.

Marketing Technology News: MarTech Interview with Phil Gray, Chief Innovation Officer at Interactions LLC

Picture of Globe Newswire

Globe Newswire

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

You Might Also Like