A scroll through the official Twitter feed of Binance Labs Fund reveals discussion about metaverse since the start of the year. From Jan. 16 to 20, Binance held an inaugural metaverse demo in collaboration with High Street, League Kingdoms, The Sandbox, Space and Ultiverse.
Highstreet raised its first seed round from investors such as Mechanism Capital, Cherubic Ventures, NGC Ventures and Jump Trading and raised a second seed investment led byThe second seed investment was to supercharge its commerce-focused metaverse. As a result, Highstreet set out to create the first-ever metaverse marketplace, in which physical goods are traded as non-fungible tokens, or NFTs.
As part of this strategic investment, Highstreet would build Binance Beach in its metaverse marketplace.
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