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April 10, 2023 | by olympieioncryptonews
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press release
PRESS RELEASE. SinVerse Studios, a trailblazing web-3 game studio, has secured a substantial seven digit investment deal led by DWF Labs to propel its platform’s growth and solidify its position as an industry leader. The partnership marks a significant milestone for SinVerse Studios, with DWF Labs providing strategic backing and support to accelerate the company’s ambitious plans for the future.
SinVerse Studios is revolutionising the gaming industry with the creation of the first-ever Mafia Metaverse on the Blockchain, featuring gameplay akin to the popular Grand Theft Auto (GTA) franchise. Since its launch in October 2021, SinVerse Studios has rapidly gained a massive community following and achieved a remarkable milestone with a highly successful land sale, generating $3.5 million in revenue.
With the strategic partnership and investment from DWF Labs, SinVerse Studios is poised to elevate its game to the next level with the pioneering development of the first-ever Web-3 Gaming console, The NFT Cube.
“We are thrilled to become lead investors and strategic partners for SinVerse Studios, supporting their vision of building one of the highest quality and most engaging metaverse projects with an impressive 18 months of development behind them”, – said Andrei Grachev, Managing Partner of DWF Labs. “We are excited to bring our expertise, capital, and strategic guidance to accelerate their growth and drive the future of the gaming industry”.
Rutherford Atayobo, Chief Operating Officer of SinVerse Studios, expressed enthusiasm for the partnership, stating: “We are thrilled to have partnered with one of the leading players in the Web-3 ecosystem. With their extensive connections and strategic backing, we believe we are well-positioned to become one of the biggest Web-3 projects in the space”.
This strategic partnership between SinVerse Studios and DWF Labs marks a significant milestone in the evolution of the Blockchain gaming industry. With DWF Labs’ unparalleled expertise and strategic support, SinVerse Studios is poised for exceptional growth, further solidifying the potential of Blockchain gaming as a mainstream category projected to be worth an estimated $375 billion.
About SinVerse
SinVerse is the pioneering Mafia Metaverse on the Blockchain, disrupting the gaming industry with innovative gameplay similar to the popular GTA franchise. With a rapidly growing community and successful land sales, SinVerse Studios is poised for unparalleled growth with the support of DWF Labs, as they work towards the groundbreaking development of the first-ever Web-3 Gaming console, The NFT Cube. The native token of SinVerse ‘SIN’ currently operates on the Binance Smart Chain Blockchain, is currently available to trade on Kucoin, Gate.io, BitGet and MEXC Exchange.
About DWF Labs
DWF Labs is a global leading digital asset market maker and multi-stage web3 investment firm, providing support from token listing to market making to OTC trading solutions. DWF Labs seeks to invest and support bold founders who want to build the future of Web3.
DWF Labs is present in Singapore, Switzerland, South Korea, the BVI, and the UAE and trades almost 2,000 pairs with a daily volume that places DWF Labs among the top 5 ranking entities trading on the world’s top 40 exchanges.
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Image Credits: Shutterstock, Pixabay, Wiki Commons
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