News

Sport Metaverse LootMogul Received A $200 Million Investment

This Sport Metaverse Startup has secured funding for up to $200 million for a 36-month term that will be used for virtual sports activities around the world. 
Sport Metaverse LootMogul Receive investment – Source: LootMogul

With the investment from Gem Global Yield, the startup company aims to have an equity exchange for the strategic upcoming time, including: 

  • Build the real world for sports lovers around the world.
  • Build brands for professional athletes in the Metaverse.
  • Deploy platform on multichain including Web, Mobile, HoloLens, and Oculus

The withdrawal strategy is based on issuing equity shares to the Gem Global Yield. That allows LootMogul to control its funding and use it for development. 

LootMogul is a Sport Metaverse Gameplay, with the native MOGUL token for the ecosystem. The token will be listed on the Dex NicoSwap with XDB/MOGUL. 

Gem Global Yield ( GEM Global Yield Fund LLC SCS) is an alternative investment group focused on startups in global emerging markets. Besides LootMogul, this company also invested $200 million in Unizen – a CEDeFi exchange, and $150 million in H20 Securities.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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