Everyrealm, formerly known as Republic Realm, invests in and develops virtual land plots in NFT-based metaverse game worlds. The company has over 3,000 NFTs and has invested in 25 different game worlds. Everyrealm creates experiences on some of its digital land, beyond simply investing in it.
For example, the company built a metaverse school called Realm Academy in Somnium Space, as well as a shopping mall in Decentraland. Its Fantasy Islands resort project in The Sandbox includes 100 villas, plus a yacht that sold for 149 ETH (nearly $650,000 at the time).
In February 2022, Everyrealm raised $60 million in a Series A funding round led by Andreessen Horowitz. Other investors include Coinbase Ventures, NBA Top Shot maker Dapper Labs, Lightspeed Venture Partners, NGC Ventures, Dragonfly Capital, Liberty City Ventures, and Hashed.
The Sandbox and parent company Animoca Brands also participated in the round. Individual investors include rappers Nas and Lil Baby, socialite and reality TV star Paris Hilton, KISS rocker Gene Simmons, and film producer Jeffrey Katzenberg. The Sandbox co-founder and COO Sebastien Borget and Axie Infinity co-founder Jeff Zirlin also invested.
$60M • 2022 • Series A
Everyrealm is a digital real estate vehicle that invests in virtual worlds through NFTs.
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