“Metahood Raises $3 Million to Revolutionize the Metaverse Land Market”

Recently closed a $3 million seed round led by crypto vc firm 1confirmation, with participation from volt capital, flamingo dao, and neon dao. notable angel investors in the space, including the sandbox co-founder sébastien borget, superrare co-founder john crain, sorare growth lead brian o’hagan, and vc and blogger/podcast host packy mccormick, also provided funding. the startup aims to provide a more comprehensive property sales platform for the metaverse than the existing general-purpose nft marketplaces.

Funding round for metahood was announced in the summer of 2021. the platform will launch in the metaverse, which is a virtual world made up of digital assets and properties. the platform seeks to add more metaverse worlds as they emerge, while also building up its feature set.

Platform has a map-driven interface, which provides context for land buyers, allowing them to visualize the wider neighborhood or district and offering information about sales trends, nearby land owners, and landmarks. founder gwendall esnault said the platform is aiming to provide as much information and context as possible when users buy land. nick tomaino, founder and general partner at 1confirmation, noted that the metaverse hype may be down but the trend is still real. he commented that there is a need for a marketplace that makes virtual assets more accessible, which is what metahood is aiming to provide.


By Evey Lovelace

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