Ertha Metaverse GameFi project on Binance Smart Chain raises $5.4 million

The Play-to-earn blockchain project Ertha Metaverse, built on the Binance Smart Chain, attracted funding of $5.4 million.

We’re proud to announce that Ertha raised $5.4m from TOP investors! 🌍🔥🚀

This is just the beginning of the #Erthaverse 🔥

Read more on our medium: https://t.co/Tq5E13N5J0#Ertha #playtolearn #playtoearn #NFT pic.twitter.com/Mmb5JOMXXZ

— ERTHA (@ErthaGame) December 27, 2021

Investors include: LD Capital, Polygon Syndicate, OKEx Blockdream Ventures, Shima Capital, GD10, Genblock Capital, Dialectic, Momentum 6, X21, Terranova, AU21, Zen Capital and others.

The startup also conducted an IDO on Seedify, GameFi and RedKite platforms. According to a statement, the tokens were sold out ‘in minutes’.

“We invested in Ertha without hesitation after the first conversation with the team. They have proven themselves in both the gaming and crypto industries,” said Si, a partner at LD Capital.

The project’s metaverse tokenomics allow players to earn by owning and trading virtual land. They are sold as NFTs called HEX. The startup said more than 7,500 parcels have been sold.

Own land in #Erthaverse & generate revenue💸

🚀Ever-Evolving Simulation of Future Earth
🚀Your Choices Impact the #Metaverse
🚀#PlayToEarn by Owning NFT HEXs

Check out #ERTHA‘s Gameplay Trailer!👇

Get your #NFT land👉https://t.co/rgmPwxI5Ev
Build a world you want to live in!🌏 pic.twitter.com/P4VehtgSSC

— ERTHA (@ErthaGame) December 23, 2021

Ertha also counts over 70,000 followers on Twitter and 50,000 participants in its Discord chat.

The sector’s annual revenue of Web 3.0 metaverses could reach $1 trillion in the near term, according to forecasts by Grayscale Investment.

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