Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Metaverse Magna
| Business Description | Company Details |
|---|---|
| Official Website | https://mvm.gg/ |
| Headquaters | Lagos |
| Country | Nigeria |
| Company's Networth | $30M |
| Business Type | Private Company |
| Year Founded | 2021-12-09 |
| Company Email | info@mvm.gg |
| Company Size | 1 - 50 |
| Co-Founder(s) | Yemi Johnson |
| Recieved Funding? | yes |
| Number of Funding rounds | 1 |
| Funding Type | Angel investors, Venture capital, Seed funding |
| Venture Capitalist | Casper Johansen, gumi Cryptos Capital, Hashkey Capital, IndiGG, and LD Capital |
| Industry | Entertainment |
| Specialty | |
| Linkedin Profile | https://www.linkedin.com/company/metaverse-magna/ |
About Us
Metaverse Magna is an Online community platform to earn crypto rewards. The company enables users to access a supportive community of gamers to participate in competitions and e-sports with other gamers to earn rewards in crypto.
Our History
Launched in December 2021, Metaverse Magna is building its community of gamers as a gaming guild. With this model, Metaverse Magna offers play-to-earn scholarships to over 1,000 gamers to play crypto games like Axie Infinity and Pegaxy.
Since its launch, the venture has grown to over 100,000 members across its products and community.
Metaverse Magna (MVM), a blockchain gaming platform, has raised a $3.2 million seed sale token round to expand its efforts to build Africa’s largest gaming DAO and provide gamers with access to world-class opportunities.
The second venture to be publicly announced by Nestcoin, Metaverse Magna, was incubated in partnership with Old Fashion Research, a multi-strategy blockchain investment fund.
The round saw participation from Wemade, Tess Ventures, LD Capital, Taureon, Gumi Cryptos Capital, HashKey, AFF, Polygon Studios, Casper Johansen (Spartan), and IndiGG. Bademosi said that approaching this diverse group of investors was strategic and necessary for making MVM’s vision a reality.
Our Vision
To become Africa’s first and largest crypto-gaming DAO empowering a new wave of gamers to play, earn, and grow wealth.
Metaverse Magna Logo
Our Mission
To democratize economic opportunities across Africa and other frontier economies
Our Core Values
- Ownership
- Building together
- Encourage big dreamers
- Impact-oriented
- Strategic growth
- Customer-centric
Our Services
We are the developers of metaverse gaming software designed to provide a crypto-gaming community for Africans to play and earn rewards.
The company provides play-to-earn opportunities and alternative ways to grow wealth through its gaming ecosystem, enabling gamers to play, earn, and grow wealth and guild operators to set their own guilds with the use of the guild tools.
Our Business Model
Our business model is similar to Steam and Roblox, and our niche is the hyper-casual gaming market. User acquisition cost in our niche is low, and gamers can play for free or enter into thousands of daily eSports contests which makes our ARPU 10x higher than traditional casual game publishers.
Hyper by MVM is a new monetization and distribution platform for game developers. Game developers monetize 10x more while delivering the best gaming experience for gamers with no ads, and endless play.
