Quick take:
- ZTX has raised $13 million in a seed round led by Jump Crypto.
- Collab+Currency, Parataxis, MZ Web3 Fund, and Everest Ventures Group also participated in the round.
- ZTX will soon launch its inaugural Genesis Home Mint – a collection of 4,000 bespoke 3D District Homes.
ZTX has announced a $13 million seed round led by Jump Crypto. The fundraising also attracted participation from leading web3 venture capital firms including Collab+Currency, Parataxis, MZ Web3 Fund, and Everest Ventures Group, among others.
The web3 immersive experiences platform also announced plans for its inaugural Genesis Home Mint – a collection of 4,000 bespoke 3D District Homes.
ZTX is a joint blockchain and immersive experiences initiative of Jump Crypto and Zepeto, the largest web2 metaverse platform in Asia. Founded in 2022, last month, ZTX launched the first playtest of its 3D open-world creator platform.
The company also has an ongoing collaboration with Dust Labs, the creators of the popular NFT collections, y00ts and DeGods.
The web3 startups will help ZTX launch the ZTX Partner Wearables, giving ZTX community partners tools to create 3D assets that can be used in an open-world environment.
The company’s upcoming Genesis NFT collection will allow users to become members of one of four districts including Arts, Financial, Fashion, and Games. They will also gain exclusive access to future drops events and enhanced gameplay in ZTX.
Commenting on the fundraising, Chris Jang, the Co-CEO of ZTX said: “We have been building steadily and discreetly for well over a year, and with our token launch happening in the coming months we want to emphasize the commitment that our investors, just like our team, have toward our vision to provide an infrastructure layer to creators.”
On the other hand, Collab+Currency’s Stephen McKeon commented: “As a crypto-focused venture fund, we back visionary teams who are using decentralized technology to shape the next wave of consumer products.”
“ZTX can provide a distinct infrastructure layer for diverse NFT projects and Web3 builders with its creator-focused tooling, and we look forward to helping ZTX succeed in its ambitious mission,” added McKeon.
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