According to the announcement, DWF Labs will contribute around $1 million to the Mars Metaverse project. The two parties want to advertise the global development of Mars Labs’ entire company through this collaboration.
The Mars Metaverse, which is set to start in 2024, is a P2E metaverse featuring content that allows users to engage in activities such as camping, basketball, racing, and busking.
Mars Labs CEO Kevin Chang claimed that the company is concentrating on a metaverse game that is pleasant to play for everyone. He said:
“It is an honor to receive investment from a globally recognized venture capital (VC) and form a strategic partnership. Mars Labs and DWF Labs will have a deep cooperative relationship in various fields as their experience in various web3-based technologies and business meets Mars Labs.”
DWF Labs is a global Web 3.0 venture capital business located in Switzerland that invests in and advises innovative Web 3.0 startups. A new branch was recently built in Korea, making it the fifth global branch to be formed.
The company not only offers investment assistance, but also provides consultation, liquidity provision, smart contract security assessment, and marketing services.
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