Worldwide Webb Finalizes $10 Million Raise

Worldwide Webb Finalizes $10 Million Raise
In this post

In an interview with The Block, founder of Worldwide Webb and CEO Thomas Webb indicated his project has raised $10 million from Pantera Capital.

❗Why It Matters

When WWWebb launched it was well received by the community with its interactive quests, lore, and easy-to-launch browser game. This new funding could bring in new partnerships from Webb's previous connections, in addition, it signals a new stage as Webb plans to use the fund to expand the team. 

In a tweet posted by the team they state "We plan to invest heavily in recruitment, so that we can build a world-class team capable of delivering the most exciting & innovative metaverse project on the market. By assembling the best of the best, we're confident we can create an experience, unlike anything you've seen."

In addition, in the article, Webb mentions he is working on developing a new contract standard for 1155 and 721 contracts that could address the question of royalties on-chain.

📊 By the Numbers

The project has exploded in the last six hours, generating a 2208 percent increase in volume and 60 percent increase in floor price on OpenSea. The floor price now sits at 0.50 ETH. 

Community Quotes

That's amazing !!! And well deserved, keep pushing boundaries, keep building the best metaverse out thereDoublePalmier

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