.jpeg)
Web3 game studio Qooverse has successfully secured pre-seed funding in a round led by Paper Ventures, with participation from Animoca Brands, Merit Circle, and several notable industry angels. Founded by a team with experience from Tencent and Goldman Sachs, Qooverse aims to create an ecosystem of mid-core and casual social games distributed across various social platforms, starting with Telegram.
Key Takeaways
-
Qooverse has raised pre-seed funding led by Paper Ventures.
-
The studio focuses on developing social games for platforms like Telegram.
-
Their flagship game, Qoomon Fuse, has attracted hundreds of thousands of players in just one month.
-
The team plans to expand their game offerings and enhance crypto onboarding by early 2025.
Innovative Game Development
Qooverse is developing a portfolio of games centered around the IP Qoomon, featuring cute yet formidable creatures inspired by Oriental aesthetics. The games are designed to be fast-paced, with an average playtime of less than five minutes, and emphasize social interaction through Player vs Player (PvP) mechanics.
Co-founder Kyle highlighted the shortcomings of existing Telegram games, stating, "Many existing Telegram games have failed to capitalize on the power of social networks and players are unable to socialize over games with the current grinding meta." He expressed confidence in their flagship game, Qoomon Fuse, which has successfully engaged mass gamers through viral sharing, combining hyper-casual, social, and competitive elements.
Strategic Investment
Oliver Blakey, General Partner at Paper Ventures, expressed enthusiasm for the investment, stating, "Qooverse is the sort of innovative, value-driven project we aim to support. The team’s vast experience and fresh perspective on competitive social games positioned them as a compelling proposition." This investment is expected to help Qooverse redefine gaming dynamics in the Web3 space.
Omni-Channel Distribution
Qooverse is leveraging omni-channel distribution to maximize reach. Currently, their games are available as Telegram mini-apps, with plans to expand to Line mini-apps and Discord embedded applications. This strategy aims to enhance user engagement and accessibility across various platforms.
Future Plans
Looking ahead, Qooverse has an ambitious roadmap for the end of 2024, which includes:
-
Launching new game modes, including tournaments.
-
Enhancing crypto onboarding processes.
-
Officially launching a game center that encompasses all titles.
-
Coinciding the game center launch with a Token Generation Event (TGE) in early 2025.
About Qooverse
Founded by veterans from Tencent and Goldman Sachs, Qooverse is on a mission to redefine social gaming through the integration of blockchain technology and social media platforms. Their innovative approach aims to create a gamified social experience that resonates with a broad audience.
For more information, visit their official channels on Telegram and X.