Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, March 08 2022 - 11:00
AsiaNet
Bitget Announces Entry Into GameFi Metaverse With Karmaverse Partnership
SINGAPORE, March 8, 2022 /PRNewswire-AsiaNet/ --

Leading global derivatives exchange Bitget has announced ( 
https://bitget.zendesk.com/hc/en-us/articles/4641719556377-Bitget-Launchpad-Coming-Soon-Karmaverse-KNOT- 
) the listing of Karmaverse, a GameFi and SocialFi metaverse on its launchpad. 
The partnership will include raising $100,000 in KNOT, the native token of the 
blockchain ecosystem. 

Photo - 
https://mma.prnewswire.com/media/1761276/Bitget_Karmaverse_Partnership.jpg

Bitget Launchpad supports the blockchain ecosystem by offering seamless access 
to crypto projects that are still in their initial phases of development. The 
launchpad provides a platform to hold and trade assets to win featured project 
tokens. This provides a global reach to projects and audited investment 
opportunities for users. 

"GameFi and Metaverse projects have the potential to hit mainstream audiences 
just like NFTs. Research suggests that revenue from crypto gaming or GameFi can 
grow to $400 billion in 2025, this gives an upper hand to projects building 
early," said Sandra Lou, CEO at Bitget.

"Karmaverse is a strong example of a high potential metaverse that can deliver 
what it promises. At Bitget our mission is to support and grow with such 
emerging technology based ecosystems that contribute to crypto's overall 
adoption," she added. 

The project will host multiple metaverses such as Karmaverse Zombie, Fantasy 
World, Old West, Cyberpunk and more, for crypto gamers to explore play-to-earn 
- a crypto gaming concept to earn tokens with real value.

Created by the team behind "King of Avalon" and "Guns of Glory", two of the top 
10 SLG games in mobile gaming history, each universe within the Karmaverse has 
its own complete game world, with a unique art style, history, narrative, 
characters, music, and maps. 

The GameFi metaverse has officially closed its private seed round, with 
investments totalling over $8 million from top blockchain gaming and Web3 
leaders such as A&T Capital, Foresight Ventures, Polygon Studios, and more. 

For more information, please visit our official announcement ( 
https://bitget.zendesk.com/hc/en-us/articles/4641719556377-Bitget-Launchpad-Coming-Soon-Karmaverse-KNOT- 
) or karmaverse.io/ ( https://karmaverse.io/ ). 

About Bitget 
Bitget is a leading global cryptocurrency exchange established in July 2018. 
Serving more than 2 million customers in 48 countries, Bitget aims to 
contribute to the adoption of decentralised finance on a global scale. Since 
its launch, Bitget has become the world's largest crypto copy trading platform, 
through the gaining popularity of its flagship One-Click Copy Trade products. 
According to CoinmarketCap, Bitget was ranked third globally, in terms of its 
derivatives volume as of January 2022. Adhering closely to our mission of 
Better Trading Better Life, Bitget is committed to providing comprehensive and 
secure trading solutions to our users around the world. In September 2021, 
Bitget announced its sponsorship of world-renowned football team Juventus as 
its first-ever sleeve partner ( https://bit.ly/3IQw2IR ) and PGL Major's 
official eSport crypto partner ( 
https://cointelegraph.com/press-releases/bitget-announces-sponsorship-with-pgl-major-as-its-official-partner 
) soon after. Partnerships with leading Russian eSports organisation Team 
Spirit and Turkey's leading and long-standing football club, Galatasaray were 
also announced in early 2022. 

For more details about Bitget, please visit bitget.com ( http://bitget.com/ ).

SOURCE Bitget