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Mars Labs & DWF Labs Team Up for Metaverse

The Mars Metaverse, scheduled for official launch in 2024, has gotten $1M investment from the web 3.0 investment company DWF Labs

Mars labs metaverse

Mars Labs & DWF Labs Team Up for Metaverse. Source: depositphotos.com

In the latest press release, the blockchain-based metaverse platform developer Mars Labs announced its strategic partnership with the investment company DWF Labs, that focuses on Web 3.0 projects.

Mars Labs is creating a global virtual game platform based on the theme of the red planet. It is a P2E (Play to Earn) game with various gameplays and activities such as camping, basketball, racing, busking, owning real estate, and interacting with others.

DWF Labs is a digital asset market maker and multi-stage Web3 VC investment firm present in Singapore, Switzerland, the UAE, BVI, Korea, and expanding. Besides investment support, the company provides consulting, liquidity provision, smart contract security audit, and marketing services.

Therefore, the newly-established cooperation will bring not only $1M investment to the Mars Metaverse project but also boost Mars Labs’ marketing efforts for global expansion.

We have previously reported that Metaverse could have a revenue of up to $5 trillion in 2030.

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Nina Bobro

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https://payspacemagazine.com/

Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.