South Korea’s leading metaverse platform Zepeto has teamed up with Jump Crypto. Together they have secured a $13 million seed investment to propel their joint venture, ZTX. To spearhead this investment, Jump Crypto brought in several influential investors, including Collab+Currency, Parataxis, MZ Web3 Fund, and Everest Ventures Group.
Zepeto and ZTX
Valued at over $1 billion, Zepeto is a leader in Asia’s “Web2” metaverse scene. It is the fourth worldwide and only follows giants such as Roblox, Fortnite and Minecraft. Since its birth in 2018, Zepeto has grown rapidly, with 400 million users. Now they are turning their sights to the potential of blockchain.
ZTX creates an expansive 3D virtual world where users can participate, exchange digital items, and immerse themselves in social experiences. The platform emphasizes individuality, allowing users to personalize avatars, landscapes and homes using digital creations from different artists and communities.
The ZTX vision encompasses a Web3 universe that celebrates creators and their communities. This digital domain is open to everyone, with endless, free plots. Visitors can claim their space for free and dive deep into the core of the game. Users can erect structures on these lots and increase their space with unique assets, including the remarkable District Homes.
Through ZTX, Zepeto wants to bring more people to Web3 by giving users a stake in its 3D worlds. A big step on their agenda is the soon-to-launch Genesis Home Mint.
Genesis Home Mint
Set to debut this month; the Genesis Home Mint will feature a collection of 4,000 different 3D homes, which will be available for purchase as NFTs on Ethereum’s Arbitrum scale network. Ownership of these NFTs confers benefits such as membership in one of ZTX’s four designated districts. In addition, NFT owners can expect exclusive access to upcoming content drops, events, and gameplay improvements within the platform.
Recent initiatives and joint efforts
ZTX recently conducted a private beta test to refine and perfect its platform. In addition, in collaboration with Dust Labs, ZTX introduced the community-based Partner Wearables project. ZTX has spoken out about its commitment to creating a robust infrastructure fit for creators. This dedication is reflected in the composition of their team, which consists of seasoned professionals from reputable companies such as Apple, Roblox, Epic Games and EA. Their expertise is further enriched by having blockchain specialists with experience on platforms such as Solana, Flow and Cosmos.
Think Zepeto, already a big name in the metaverse, diving deeper into the exciting realm of blockchain with ZTX. This venture aims to make the 3D digital world of Web3 easy and fun for everyone. With the imminent launch of the Genesis Home Mint, users will be able to get unique digital homes as NFTs, making their online experience even more personal. And with a team filled with tech gurus and blockchain experts, ZTX is all about connecting more people to the Web3 world simply and engagingly.
