The round’s funding was for developing and launching three initial games and incentivizing early community members’ participation.
Mirror World, an artificial intelligence (AI) powered GameFi project building multiple games with interoperable nonfungible token (NFT) assets, has closed $4 million in seed funding in record time for the industry.
In this round, co-leading the investment was top-ranking crypto-trading platform Alameda Research, top entertainment investment firm Galaxy Interactive and Republic Crypto.
Other investors included Young Guild Games Southeast Asia, Avocado DAO and top investment firms, including Mirana Ventures, OKX Blockdream Ventures, Infinity Ventures Crypto, Sky9 Capital, LD Capital, PathDAO, Lucid Blue Ventures, Bas1s Ventures, MetaSense DAO, Tess Ventures and Nihil Ventures.
By gathering global leading forces in digital innovation, Mirror World can build decentralized virtual carnivals that yield real-life rewards.
About Mirror World
Mirror World is a content matrix with AI-powered virtual life forms in each game supported by Rct AI, a Y Combinator-incubated gaming AI startup.
All virtual lives are operable across all games, meaning holders will have the freedom to enter each one in GameFi. After publishing three different types of games as a proof-of-concept, Mirror World will issue a standard economic framework for more content producers to connect to its game ecosystem. The project will yield crypto returns by the people, for the people.
Mirror World, previously an Rct-incubated project, was the first to apply its AI model toward more Web3 communities and projects for higher creativity and collective value.
In September 2021, Mirror World launched the world’s first interactive NFT to promote better dynamics and interoperability in crypto: Mirror NFT, totaling 11,000 NFTs circulated across multiple games.
In November 2021, Mirror World launched the first NFT interaction chip, Soul Chip — cooperating with many high-quality crypto projects to bring “intelligence” and “soul” to them.
Mirror World is creating one of the first games to share assets across games. Players can roam in different Mirror World games with Mirror NFTs to enjoy various game experiences and types. In the existing game world’s design, there is a roguelike action role-playing game, Mirrama, a player-versus-player battle arena game, Brawl of Mirrors, and more games to come in the second half of 2022.
Adhering to the principle of “Gameplay over GameFi,” Mirror World is working with Republic Crypto’s team on the tokenomics and decentralized autonomous organization (DAO) design for high gameplay value. These designs will bring players a better gaming experience and more sustainable economic benefits. It will also be a more open-framed economic system that incentivizes and supports more game studios to join Mirror World. Under the shared token system, Mirror World will be open, autonomous, self-sustainable and asset-interchangeable.
Chris Zhu, founder and CEO of Mirror World, said, “We started Mirror World because we saw how isolated centralized GameFi projects fail to utilize the full potential of NFT. We will initially publish a matrix of games as a proof-of-concept for members to create content around our AI-powered virtual life forms. Help us build the Nintendo of Web3, powered by AI, powered by crypto.”
Join the Mirror World community and participate.