A creator-oriented metaverse project, Createra, has bagged $10 million in a Series A funding round led by Andreessen Horowitz to continue its pursuit of building the largest Gen Z-focused metaverse platform.
Createra is a user-generated content (UGC) metaverse engine-enabling platform that allows one to create, distribute, and MetaFi games. Createra offers creators exclusive crypto-native autonomous worlds with features such as cross-play and instant accessibility.
These advantages ensure both users have the tools needed to adopt the new industry trends for an optimal gaming experience in the metaverse. “Createra’s powerful cloud-based web engine makes it very easy to develop multiplayer games with the help of web3 features,” said a16z general partner, Connie Chan.
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As the funding round comes to an end and Createra continues to attract some of the most prominent investors in the industry, the platform is striving to be the first place for anyone who desires to build a metaverse where one can collaborate and play.
According to the company, this is a crucial moment for the gaming industry as Createra takes on blockchain-based development methods and utilities. The gaming industry is changing at a gradual pace through the introduction and adoption of Web3 tools such as blockchain, verified ownership, and asset monetization.