By Adedapo Adesanya
Vault Hill, the world’s first human-centric blockchain-based metaverse, announced the completion of a $2.1 million pre-seed round.
The money was raised through the private sale of its native token, $VHC, with the proceeds of the transaction aimed at aiding the development of the metaverse designed to improve the human experience.
The rounds were led by Master Ventures with strategic investments from R-930 Capital, Unreal capital, Spring Dawn Ventures, Evan Luthra, Herd Ventures, Lithium ventures, Girnas Capital, Ferrum Network, Trustswap among other angel investors.
This will help the company humanize technology through the creation of a constructive metaverse that focuses on basic human instincts that allow users, content creators and developers to explore their limitless creative freedom while monetizing their creation in the secure ecosystem.
While the first fundraiser completes its to-do list, the second fundraiser, i.e. the Decentralized Initial Offering (IDO) of the $VHC token is now underway from January 10 to 23, 2022 across eight major launchpads – MaticLaunch, Kommunitas, Lithium, Moonstarter, TrustSwap, SuperLauncher, Coinxpad and Trustpad.
Vault Hill has already sold the $HCV on MaticLaunch ($100,000 raised) and Kommunitas ($145,000 raised) and the IDO on Lithium is now complete. However, $VHC can be purchased on Moonstarter starting Thursday, January 13, followed by the other four launch pads.
According to Vault Hill Founder and CEO Jimi Daodu, “This is a testament to the uniqueness of our product offering in the vast competitive market in which we operate and also reflects the hard work of Vault Hill’s talented and diverse team. ”
Although the metaverse is not yet operational, Vault Hill has already entered into six partnerships with global brands (especially for digital wearables and for improving health and well-being) who will establish their virtual office in the metaverse once it launches in Q1 2022.
Additionally, the Vault Hill community continues to grow with approximately 90,000 #VaultHillers currently on all social media platforms.
Given the rise of the blockchain industry and the many metaverse projects already in existence, Vault Hill claims that it is attracting insane attention from prominent blockchain venture capitalists, companies, and individuals.
The first unique differentiator is the human-centric nature of the metaverse. The infusion of human elements into the metaverse means that Vault Hill does not offer a distant, unrealistic concept, but rather a platform that users can realistically engage with. This means users will be able to do everything they currently do in the physical world and more.
Users will be able to interact with others, establish romantic relationships, play games, improve their health and well-being, organize works of art, buy virtual land, own NFTs, transact on the platform. secure form using a $HCV token or other cryptocurrencies of their choice, and also explore the seven districts themed around basic human instincts and functions. The potential of the Metaverse as a world where users can explore different aspects of themselves and overall feel more human with each visit is absolutely exciting and undeniable.
Second, Vault Hill is the first virtual world with urban planning and development benefits to ensure users build their virtual land (VLAND) in a respectful manner.
Users who own virtual land in Vault Hill City will have complete creative freedom to build anything they can imagine on their land. It can range from fitness centers, fashion studios, art galleries, museums or even libraries and generate revenue when other users interact with the projects on their land. Alternatively, landowners can choose to keep their VLAND to resell later at a higher price in the market.