AlterVerse, a BNB Chain Shangyuan universe project, completed a private placement round of financing, with participation from Binance Labs and others

AlterVerse, a BNB Chain metaverse project, announced the completion of a private placement round of financing, with participation from Binance Labs, Polygon Ventures, Ankr, Baselayer Capital, and EnjinStarter. The specific amount was not disclosed. The funds will be used to promote the development and expansion of the AlterVerse ecosystem. At the same time, AlterVerse announced the launch of its social hub SkyCity pre-beta access and playable demos. In addition to SkyCity being launched first, its roadmap includes the first-person shooter action game Outpost, the hardcore survival game Rekt, and the decentralized Metaverse platform City Servers. AlterVerse recently completed Binance Labs Season 4 Incubation Program and Altcoin Buzz Labs Incubation Program earlier this year.