Televerse Closes $1 Million Seed Funding to Develop Mini-Game Infrastructure on the TON Blockchain

BY
Sean Millare
/
Aug 13, 2024

Televerse, a cutting-edge mini-game network built on the TON blockchain, has announced the successful closure of its seed funding round, raising $1 million. The round was spearheaded by Summer Capital, with participation from Awakening Ventures, PrecisionEdge Capital, and angel investor Victor Ji, the founder of Manta Network. Furthermore, Televerse has received valuable support through the Cyberport Creative Micro Fund (CCMF) incubation program, aiding its growth during the initial stages.

Source: Televerse

Founded by a team of seasoned WeChat Mini Game developers, Televerse aims to leverage their experience in creating captivating social gaming experiences in the growing TON ecosystem. The company’s first game, Torch Odyssey, has captured significant interest, particularly due to its unique “Proof-of-PFP” system. This feature allows players to earn additional points by changing their Telegram profile picture, enhancing the overall gameplay and fostering social interaction.

Akio, Co-founder of Televerse, highlighted that the company’s experienced team and innovative method of integrating social features directly on the TON blockchain provide a unique advantage in the rapidly growing ecosystem. He noted that as early leaders in the WeChat Mini Game sector, they possess a strong understanding of what is required to develop genuinely engaging social gaming experiences that can attract mainstream users.

"We're thrilled to have the support of such renowned investors as we continue to develop our platform and grow our community. This funding will allow us to accelerate our roadmap and bring the power of social gaming to the world of web3." - Aiko, Co-founder of Televerse

With the newly secured capital, Televerse aims to grow its engineering team, enhance the platform's capabilities, and increase user adoption across the expanding TON ecosystem.

About Televerse

Televerse is a pioneering mini-game network developed on the TON blockchain by experienced WeChat Mini Game leaders. The platform introduces unique mechanisms such as Proof-of-PFP, Game Delegation, and a Parallelized Point System, effectively bridging the gap between game developers and communities. These innovative features create a dynamic gaming universe where both developers and players can thrive and benefit.

Sean Millare

Sean, a skilled writer, gamer, trader, and investor, with a passion for all things web3. With a practical touch, he sheds light on the evolving crypto scene, helping readers grasp blockchain intricacies and make savvy decisions in decentralized finance.

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