Web3 Game Studio Qooverse Secures Investment in Round Led by Paper Ventures

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has secured pre-seed funding in a round led by VC firm Paper Ventures, followed by Animoca Brands, Merit Circle, and notable angels in the industry. Founded by a creative team whose professional background includes time at Tencent and Goldman Sachs, Qooverse is developing an ecosystem of mid-core and casual social games that are distributed on Telegram and more social platforms to come.

“Many existing Telegram games have failed to capitalize on the power of social networks and players are unable to socialize over games with the current grinding meta,” said the studio co-founder Kyle. “With Qoomon Fuse we have successfully onboarded mass gamers via viral sharing, thanks to the unique blend of hyper-casual, social and competitive elements on Telegram. We look forward to replicating this success with our new game titles.

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