Hadean is embarking on a leading role in the gaming and Metaverse efforts as the chair of the Mythos Foundation Subcommittee and has successfully raised an extra $5 million in funding.

As a cutting-edge metaverse infrastructure provider, Hadean has joined the Mythos Foundation—a crucial project that aims to decentralize and uplift both web3 gaming and esports initiatives. As a key subcommittee leader, Hadean will drive funding and innovation in metaverse technologies, making it easier for developers to enter the gaming space.

In its role as subcommittee chair, Hadean will partner with Mythical Games and other Mythos Foundation members to speed up the establishment of cross-chain systems. A recent press announcement noted that this would facilitate seamless interactions among gaming communities and enhance interoperability across various virtual environments.

John Linden, CEO of Mythical Games, expressed, \"The Mythos Foundation is grounded in the belief that the future of gaming will be democratized, enabling developers and gamers to engage in in-game economies through the Mythos ecosystem. With their strong focus on metaverse network technology, Hadean is leading this charge to create next-gen virtual realms.\"

Elected by holders of the Mythos Token (MYTH), Hadean's chairmanship will last for a duration of one year.

This development follows Hadean's recent acquisition of an extra $5 million in funding. announced on Thursday This financial boost comes from a range of new global investors focused on web3, gaming, and enterprise, including notable names like Ericsson Ventures, Metrea Discovery, VU Venture Partners, Sanctor Capital, and Tirta Ventures.

This funding announcement comes on the heels of Hadean's previous financing round in September 2022, which was led by Molten Ventures and included contributions from Epic Games, 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First, and InQTel. $30 million Series A With this fresh capital infusion, Hadean is eager to continue providing crucial technology for building, operating, and monetizing scalable, interoperable, and secure digital spaces.

According to Hadean's CEO, Craig Beddis, \"Our goal is to connect the physical and virtual realms to enhance decision-making, support creators, and ultimately improve the quality of life in reality. We believe the metaverse's authenticity and widespread acceptance hinge on creators' abilities to construct their experiences at scale, using robust metaverse-as-a-service technologies.\"

Established in 2015, Hadean specializes in the infrastructure and web3 tech that enables organizations to design, operate, and monetize engaging virtual environments.

Hadean's technology has powered numerous significant applications, including the 2020 EVE Online Aether Wars space conflict, developed in collaboration with game studios.

Furthermore, Hadean partnered with CAE—experts in training and simulations—to create a digital imitation of Estonia that reached a city size. Most recently, Hadean collaborated with Pixelmax to construct infrastructure for content streaming within the metaverse. computational power Magic Labs has rolled out inventive solutions specifically tailored for newcomers to the web3 space.

Animoca has adjusted its target for a new metaverse fund down to $800 million. CCP Games . 

Mozilla has committed $30 million to an open-source AI startup that operates independently from major tech companies. extended its partnership It's essential to note that the information provided herein should not be construed as legal, tax, investment, financial, or any advisory form. Always invest wisely, especially only what you can afford to part with, and seek independent financial counsel if uncertain. For more detailed information, please refer to the issuer's or advertiser's terms and conditions and support resources. MetaversePost is dedicated to delivering accurate and impartial reporting; however, conditions in the market are subject to change without notice.

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