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MetaverseGo develops a specialized platform designed to simplify access and engagement with play-and-earn (P2E) blockchain games. The company provides a discovery and network layer that streamlines the onboarding process for users entering the Web3 gaming ecosystem, offering a curated experience within the expanding metaverse. Its core functionality focuses on making non-fungible token (NFT) games more approachable for a broader audience.
The company was co-founded by Ash Mandhyan, Jake San Diego, and JC Velasquez. Mandhyan, a former Vice President at Lazada, brought significant e-commerce and tech executive experience to the venture. Their collective insight identified a critical barrier to entry in blockchain gaming, leading them to establish MetaverseGo to bridge the gap between complex Web3 mechanics and mainstream accessibility.
MetaverseGo serves individuals seeking to participate in crypto-based gaming, particularly those new to the P2E model. The platform aims to reduce friction for new investors and players, fostering greater adoption of blockchain games. Its long-term vision is to democratize access to the metaverse, enabling more users to earn and interact seamlessly within digital economies.
MetaverseGo has raised $4.0M across 1 funding round.
MetaverseGo has raised $4.0M in total across 1 funding round.
MetaverseGo is a Web3 application that serves as a user-friendly gateway to the metaverse, enabling access to play-and-earn games, guilds, NFTs, and decentralized applications (dApps).[1][2][3] It targets everyday users by simplifying blockchain entry—allowing mobile phone sign-up, automatic in-app wallets, and earning rewards usable for real-world services like mobile data and utility bills—solving the problem of complex onboarding and high upfront costs in Web3 gaming.[1][2] Founded in 2022 and based in Metro Manila, Philippines, the seed-stage company has raised $4.2M in VC funding, showing early growth momentum in the competitive play-to-earn and metaverse space.[1]
MetaverseGo was founded in 2022 in Metro Manila, Philippines, amid the rise of Web3 gaming and metaverse hype, with no specific founder details publicly available in current sources.[1] The idea emerged to democratize metaverse access, addressing barriers like technical complexity and investment requirements in play-to-earn models, by creating a mobile-first platform for discovering, playing, and earning.[2][3] Early traction came via a $4.2M seed VC round shortly after launch, positioning it as an "alive" startup in a field with competitors like Meta DAO and Decentral Games.[1]
MetaverseGo rides the Web3 gaming and metaverse trend, capitalizing on play-to-earn models popularized post-2021 crypto boom, where users own assets via NFTs and blockchain.[1][2] Timing aligns with maturing mobile Web3 adoption in emerging markets like Southeast Asia, where high mobile penetration meets growing demand for accessible crypto earning amid economic pressures.[1] Favorable market forces include guild expansions, NFT interoperability, and regulatory clarity in play-to-earn, though risks like volatility persist; it influences the ecosystem by onboarding non-crypto natives, potentially expanding the user base for competitors like Decentral Games.[1][2]
MetaverseGo is poised to scale as Web3 gaming evolves toward mass adoption, with potential expansions into more dApps, cross-chain support, and deeper guild integrations to boost retention.[2] Trends like AI-driven personalization in metaverses and regulatory frameworks for digital assets will shape its path, amplifying growth if it navigates security audits and market dips effectively.[2] Its influence could grow by setting standards for frictionless entry, evolving from a gateway to a full-fledged Web3 hub—reinforcing its role as a premier metaverse simplifier in a fragmented landscape.[1][2]
MetaverseGo has raised $4.0M in total across 1 funding round.
MetaverseGo's investors include Blockchain.com Ventures, Faction VC, Galaxy Interactive, NGC Ventures, Oyster Ventures, Pillar VC, Sunset Ventures, George Godula, Julian Shapiro, Sahin Boydas.
MetaverseGo has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in August 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2022 | $4M Seed | — | Blockchain.com Ventures, Faction VC, Galaxy Interactive, NGC Ventures, Oyster Ventures, Pillar VC, Sunset Ventures, George Godula, Julian Shapiro, Sahin Boydas | Announced |