Param

Pixelverse

Million

Mantle

Polygon

<ul class="list-ic vertical"> 
 <li> 1 <a>Param Labs, a gaming development company, announced partnerships, investments, and token listing.</a> </li> 
 <li> 2 <a>Mario Nawfal, a well-known crypto investor, announced an investment in Param Labs.</a> </li> 
 <li> 3 <a>The gaming company unveiled a listing of native tokens, PARAM, on several premier exchanges.</a> </li> 
</ul> 
Param Labs is all set to enhance the game’s narrative with its partnership with Pixelverse. The gaming company has attracted strategic investments, raised funds, and listed tokens on several premier exchanges, including MEXC. 
<h2 class="wp-block-heading" id="strong-who-is-investing-in-param-labs-strong">Who is Investing in Param Labs?</h2> 
Param Labs, a gaming studio and developer of leading games, including Kiraversegame and Pixeltopoly, expanded its area by partnering with different giants.&nbsp; 
On May 28, Pixelverse, a metaverse, and a Web 3.0 platform, announced collaboration with Param Labs over X. The partnership intends to integrate IP into upcoming games to offer an immersive gaming experience.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
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 <blockquote class="twitter-tweet">
 Pixelverse X Param Labs Partnership<a href="https://twitter.com/pixelverse_xyz?ref_src=twsrc%5Etfw">@pixelverse_xyz</a> is partnering with <a href="https://twitter.com/ParamLaboratory?ref_src=twsrc%5Etfw">@ParamLaboratory</a> to integrate our IP into their upcoming game, Kiraverse! This strategic partnership will enhance the game’s narrative and expand our universe. Play as your favorite Pixelverse characters and… <a href="https://t.co/icOdkAW6Yr">pic.twitter.com/icOdkAW6Yr</a>— Pixelverse (@pixelverse_xyz) <a href="https://twitter.com/pixelverse_xyz/status/1795503650665586966?ref_src=twsrc%5Etfw">May 28, 2024</a>
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The partnership will reward the dedicated players and ensure fair distribution of the tokens in the gaming space. Moreover, over 500K monthly active users of Pixelverse would be permitted to use Pixelverse’s characters in Kiraverse. 
Another purpose is to drive mass adoption and the creation of a more engaging and rewarding gaming universe for gamers. 
Entrepreneur and popular social media personality Mario Nawfal has invested in Param Labs. 
<center>
 <blockquote class="twitter-tweet">
 INVESTMENT: Everyone knows we’re one of the most bullish investors on this planet when it comes to Web3 Gaming And everyone should not be surprised to see us investing in <a href="https://twitter.com/ParamLaboratory?ref_src=twsrc%5Etfw">@ParamLaboratory</a>! Param Labs is the independent game and infrastructure development company behind…— Mario Nawfal (@MarioNawfal) <a href="https://twitter.com/MarioNawfal/status/1795729113346343151?ref_src=twsrc%5Etfw">May 29, 2024</a>
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Nawfal is one of the bullish investors in Web3 gaming and is heavily indulging in different technological and gaming advancements.&nbsp; 
<h3 class="wp-block-heading" id="strong-param-s-listing-on-premier-exchanges-strong">PARAM’s Listing on Premier Exchanges</h3> 
Apart from partnerships and investments, Param Labs also collects highlights because of its recent listing on exchanges, including <a href="https://www.thecoinrepublic.com/2024/05/25/bybit-to-list-zksync-change-the-ticker-how-the-community-reacts/" target="_blank" rel="noreferrer noopener">Bybit</a>, MEXC, Gate.io, HTX, and BitGet. Param Labs’s several tweets signal about the listing. 
<center>
 <blockquote class="twitter-tweet">
 <a href="https://twitter.com/search?q=%24PARAM&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PARAM</a> is finally upon us, and <a href="https://twitter.com/Bybit_Official?ref_src=twsrc%5Etfw">@Bybit_Official</a> is our first official launch partner!<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f5d3.png" alt="🗓" class="wp-smiley" style="height: 1em; max-height: 1em;"> May 29th, 8 AM UTC PARAM will also be one of the first projects ever introduced on the exclusive Bybit Launchpool. <a href="https://t.co/cH0W0EqurI">https://t.co/cH0W0EqurI</a>— Param Labs (@ParamLaboratory) <a href="https://twitter.com/ParamLaboratory/status/1793916331865297395?ref_src=twsrc%5Etfw">May 24, 2024</a>
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PARAM will be the first project to be introduced on the Bybit launchpool, and PARAM, Tether (USDT), and Mantle (MNT) stakers will be offered 20,000,000 PARAM. Holders can stake their tokens on June 5, 2024. 
<h3 class="wp-block-heading" id="strong-param-labs-raises-funds-strong">Param Labs Raises Funds</h3> 
On May 16, 2024, Animoca Brands led a $7 Million seed funding round for Param Labs. The raised funds will be used to construct a modular gaming ecosystem and enhance gamers’ immersive experiences. 
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 <img loading="lazy" decoding="async" width="1024" height="97" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-378-1024x97.png" alt="Param Labs" class="wp-image-207305" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-378-1024x97.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-378-300x29.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-378-768x73.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-378-1536x146.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-378-750x71.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-378-1140x108.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-378.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
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Param Labs Funding I Source: CoinCarp 
Polygon Ventures, Merit Circle, Delphi Ventures, Cypher Capital also featured in the funding rounds. Moreover, the investment boosted the company’s efforts in the gaming industry and Web3 advancement.

Param Labs Announces Strategic Investments, Partnerships

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