Flash News: OKX Ventures Announces Investment in L3E7, the World's First 3D Location-Based Service Game
April 29 2024 - 9:30PM
OKX Ventures, the investment arm of leading crypto exchange and
Web3 technology company OKX, has issued updates for April 30, 2024.
OKX Ventures Announces Investment in L3E7,
the World's First 3D Location-Based Service Game
OKX Ventures today announced that it has made a
strategic investment in L3E7, the world's first 3D location-based
service (LBS) game. This investment comes on the heels of an
impressive fundraising round for L3E7, which culminated in the
successful accumulation of $10 million in funding, co-led by
Spartan Group and SevenX Ventures.
L3E7 has been a stand out in the gaming industry,
especially due to its innovative use of proprietary technology to
meticulously reconstruct cyberpunk 3D Earth cities. This unique
approach has garnered significant attention since the game's
initial announcement, and the recent inaugural testing phase drew
participation from a vast array of builders numbering in the
thousands.The investment by OKX Ventures is expected to further
empower L3E7 to fortify its brand presence, escalate its game
development endeavors, and tap into the burgeoning Web3 market by
leveraging the unique appeal of LBS games. In addition, the fresh
capital will provide crucial financial and industrial resources to
support future offline business collaborations and intellectual
property expansions.OKX Ventures Founder Dora Yue
said: "We are thrilled to be part of L3E7's journey. Its
innovative approach of integrating both Web2 and Web3 domains and
creating a multifaceted content ecosystem that thrives both
digitally and in physical spaces is truly groundbreaking. Our
investment in L3E7 not only underscores our commitment to
supporting innovative gaming projects but also our belief in the
immense potential that the intersection of gaming and blockchain
technology holds."With this investment, L3E7 is expected to
continue its trajectory towards global prominence, aiming to
establish itself as a premier gaming entity that attracts a diverse
user base across multiple continents including North America, Asia,
and Europe.
For further information, please
contact:Media@okx.com
About OKX Ventures
OKX Ventures is the investment arm of the
second-largest crypto exchange by trading volume and Web3
technology company OKX, focusing on exploring the best blockchain
projects on a global scale and supporting cutting-edge blockchain
technology innovation.
Find out more about OKX Ventures here.
Disclaimer