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In a recent funding move, the NFT marketplace Metav.rs, often dubbed the 'Shopify' of the metaverse, managed to secure $3 million.

In Brief

Metav.rs has successfully raised $3 million, geared towards enhancing the NFT commercial landscape in the Web3 space.a seed funding round led by Jsquare.

This promising Web3 startup is setting its sights on becoming the leading commerce platform within the metaverse.

Metav.rs equips luxury brands and retailers with essential tools to establish a robust presence in the metaverse.

The company said,The need for 'new tools to ensure a seamless Web3 experience' has never been clearer.

metav.rs

The French startup Metav.rs, working towards solidifying its position as the Shopify for the metaverse, successfully raised $3 million in initial funding, with Jsquare leading the charge alongside key players like Sia Partners and 50 Partners. metaverse The funding round featured notable participants, including Sébastien Borget, co-founder and CEO of The Sandbox; Joel Hazan, Managing Director of BCG; Ledger co-founder David Balland; entrepreneur Michael Amar; and others like Thibault Renouf of Partoo and Sébastien Lalevée from Financiére Arbevel.

As a comprehensive Web3 solution catering to NFT commerce and immersive metaverse experiences, Metav.rs will allocate the newly acquired capital to recruit talent, expand internationally, enhance their template offerings, and invest in IT training to fast-track their growth.

By leveraging Web3 applications, Metav.rs empowers brands and retailers to create and manage their unique virtual environments, facilitating the creation and exchange of NFTs while enhancing customer interactions.

This platform seamlessly connects with major metaverses and social media, ensuring compatibility with leading e-commerce sites and payment systems.

Launched in January by a quartet of partners proficient in entrepreneurship, 3D design, and digital tech, Metav.rs currently employs a talented team of 20 individuals.

Forbes  reported They believe 'new solutions are essential for a hassle-free Web3 experience' and focus on providing intuitive, no-code content management services. The company highlighted three core offerings: marketing Metashops: NFT marketplaces seamlessly integrated into clients' websites.

Metav.rs  believes Miniverses: Unique branded 3D realms that link to prominent metaverses.

  1. 3D NFT factory: A suite for automated content creation, offering web and augmented reality experiences across various metaverse platforms.
  2. 'Our goal is to become the Shopify of the metaverse. Our business model mirrors that of Shopify, providing versatile plug-and-play solutions ranging from virtual try-ons to digital replicas.'
  3. Explore the Metaverse fundraising trends for August, focusing on developments in gaming, DAOs, and NFTs.

Take a look back at the Metaverse fundraising report for July.

Clément Foucher told Forbes.

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Metav.rs, often referred to as the 'Shopify' of the metaverse, has successfully secured $3 million in seed funding, marking a significant milestone for the platform focusing on NFT commerce. This funding round saw backing from Jsquare, a prominent investment firm.

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