Param

Pixelverse

Million

Mantle

Polygon

<ul class="list-ic vertical"><li>1<a rel="noopener noreferrer nofollow">Param Labs, a gaming development company, announced partnerships, investments, and token listing.</a></li><li>2<a rel="noopener noreferrer nofollow">Mario Nawfal, a well-known crypto investor, announced an investment in Param Labs.</a></li><li>3<a rel="noopener noreferrer nofollow">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;<blockquote class="twitter-tweet">Pixelverse X Param Labs Partnership<a href="https://twitter.com/pixelverse_xyz?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@pixelverse_xyz</a> is partnering with <a href="https://twitter.com/ParamLaboratory?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@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" rel="noopener noreferrer nofollow">pic.twitter.com/icOdkAW6Yr</a>— Pixelverse (@pixelverse_xyz) <a href="https://twitter.com/pixelverse_xyz/status/1795503650665586966?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 28, 2024</a></blockquote> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 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.<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" rel="noopener noreferrer nofollow">@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" rel="noopener noreferrer nofollow">May 29, 2024</a></blockquote> &nbsp;&nbsp;&nbsp; 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/" rel="noopener noreferrer nofollow">Bybit</a>, MEXC, Gate.io, HTX, and BitGet. Param Labs’s several tweets signal about the listing.<blockquote class="twitter-tweet"><a href="https://twitter.com/search?q=%24PARAM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PARAM</a> is finally upon us, and <a href="https://twitter.com/Bybit_Official?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@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" rel="noopener noreferrer nofollow">https://t.co/cH0W0EqurI</a>— Param Labs (@ParamLaboratory) <a href="https://twitter.com/ParamLaboratory/status/1793916331865297395?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 24, 2024</a></blockquote>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.<div class="wp-block-image"><figure class="aligncenter size-large"><img 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"></figure></div>Param Labs Funding I Source: CoinCarpPolygon 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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