An investor in the lands of the Metaverse, Everyrealm, has raised $10 million in funding in Series A round. It was led by Andreessen Horowitz, Coinbase Ventures and Paris Hilton.
Before the rebranding, this company was called Republic Realm. She became famous for buying up land in the popular Metaverses – Sandbox, Somnium Space, Decentraland, etc. For example, in November, its representatives bought a plot in the Sandbox game for $4.3 million.
In total, the company has over 768 NFTs purchased in more than 10 projects. These sites can be monetized by building various buildings on them – museums, galleries, shopping centers. They can be rented or sold.
Everyrealm has a lot of activity in some areas. For example, the Fantasy Islands resort was built in Sandbox with a hundred holiday villas, as well as a yacht that was bought for 60 ETH. In the Somnium Space project, the company created the Realm Academy school, and in the Decentraland game, a virtual shopping center. also Hashed, NGC Ventures, The Sandbox project and parent company Animoca Brands.
In addition to Paris Hilton, popular rappers Nas and Lil Baby, KISS musician Gene Simmons, Axie Infinity game project co-founder Jeff also invested in Everyrealm Zirlin, as well as a representative of Sandbox management – COO Sebastian Borge.