Together Labs subsidiary announces close of VCORE presale

Together Labs subsidiary announces close of VCORE presale
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Synopsis

The investment will fuel the development of VCORE, which in turn will power the future of the metaverse by rewarding active, international players, creators, and earners

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VCORE is a community-driven metaverse token, designed to power any virtual world's economy by rewarding users for their engagement
Together Labs subsidiary MetaJuice has announced the closure of the presale of ERC-20 token VCORE, backed by investors including Animoca Brands, Meta Impact Capital and BITKRAFT Ventures.

The investment will fuel the development of VCORE, which in turn will power the future of the metaverse by rewarding active, international players, creators, and earners, the company said in a statement.

“We feel very fortunate to have VCORE and our move to Web3 backed by the leaders in the crypto-metaverse, crypto-gaming and blockchain assets spaces,” said John Burris, President, and Founder of MetaJuice.

“With the support of these strategic VCORE buyers, we feel very confident in our ability to bring VCORE to one of the largest social metaverse platforms in the world - IMVU.”

VCORE is a community-driven metaverse token, designed to power any virtual world's economy by rewarding users for their engagement. This engagement is an integral part of the metaverse social/gameplay, creator-led economy, and governance.

VCORE will soon launch in IMVU, which claims to be the world’s largest social metaverse and top-grossing social app, with a thriving virtual goods and services economy that includes over 200,000 active creators/earners and over 1,000,000 daily active users.

“We see a lot of impressive tokens and projects in the crypto-metaverse space that have the potential to be transformative for the industry,” said Robby Yung, CEO of North American operations of Animoca Brands.

BITKRAFT Ventures, Mirana Ventures, Peer Ventures, and Rosemoor Digital Assets also participated in the oversubscribed first VCORE presale in 2021, along with other industry leaders, including Sky9 Capital, executives at GoldenTree Asset Management, Jump Capital, Meteoric Labs, and Co-Intelligence.

“Since we launched MetaJuice in 2021, it has been a company of firsts,” said Daren Tsui, CEO of Together Labs. VCOIN was the first token to receive a no-action letter from the staff at the SEC and now has nearly 1 million active wallets.

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