Eikonikos, an open-world metaverse start-up, has raised $2 million in pre-seed funding by angel investors. Eikonikos envisions to create an open metaverse platform that is owned by Web3 followers, developers, and a growing community of players. Nearly a dozen investors, including block chain players, took part in the round.
The current pre-seed fundraising round would help the company to extend its ecosystem, bringing more fans into the digital realm.
“We believe we are unique, and we have already begun to demonstrate that through our execution — the quality of our design, experience, platform design, and so on,” said Mohamed Vasif, Founder and CEO of Eikonikos.
The company is currently in the process of issuing digital assets for investment as it gears up for commercial launch in May 2022, when its valuation will jump.
The announcement comes a day after Dubai Government introduced new legislation for the digital asset sector, joining other global hubs in bringing the nascent sector under their regulatory purview.
