The MITAverse is about to take a giant leap forward! We're thrilled to announce the successful closing of our $3 million seed funding round in Q1 2024. This influx of capital will fuel our ambitious growth plans and propel MITA to new heights within the ever-evolving social metaverse landscape.
What is a Seed Round in Crypto?
Seed funding is a crucial initial stage in a cryptocurrency project's development. It allows startups to acquire the resources needed to build a strong foundation, develop core functionalities, and establish a user base. In MITA's case, the seed funding empowers us to:
Expand Our Team: We'll be bolstering our development team by 60%, bringing in talented individuals who will accelerate innovation and feature development.
Reach a Global Audience: Our sights are set on reaching a staggering 5 million app installs, making MITA a household name within the Gen Z demographic.
Boost User Engagement: We're committed to creating an immersive and engaging experience for our users. The funding will fuel initiatives designed to keep users glued to the MITAverse for an average of 3 hours daily.
Drive Revenue Growth: With an engaged user base, we project to achieve an annual recurring revenue (ARR) of $500,000.
Secure CEX Listings: Obtaining coveted listings on major cryptocurrency exchanges will enhance accessibility for users and provide a secure platform for trading $MITA tokens.
The Power of Collaboration: Our Renowned Seed Round Partners
The success of our seed funding round wouldn't have been possible without the backing of a prestigious group of venture capitalists and industry leaders. We're incredibly grateful for the support of:
Klaytn
3COI I IMAS CAPITAL
M6
YOUBI CAPITAL
Icetea Labs
METRIX CAPITAL
EX Network
SHIMA CAPITAL
MAVEN CAPITAL
OKEX Blockdream Ventures
X21 Digital
DWEB3
ASTEROID CAPITAL
CRONOS Labs
ROCKET X Capital
Algorand
This esteemed group recognizes the immense potential of MITA and shares our vision for shaping the future of social interaction, immersive gaming, and decentralized finance within the metaverse.
Join the MITAverse Revolution!
With a solid foundation, a talented team, and the support of industry giants, MITA is poised to become a dominant force in the metaverse. Are you ready to be a part of this exciting journey? Download the MITA app today and immerse yourself in the vibrant world of the MITAverse!
Stay Connected!
Follow us on our social media channels for the latest updates and announcements: https://linktr.ee/JoinMita
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