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Coinspeaker
FunPlus’ top one IP FPX moves into the metaverse after investing $40 million in Xterio
Previously, FunPlus led the investment in Web3 game developer Xterio and raised $40 million to expand its team and develop Web3 games. The move was widely regarded as a strong message for FunPlus to make a huge splash in the metaverse. Recently, FPX Esports, the top IP under FunPlus, unveiled the creation of FPX Meta. Their first product, launched as FPX Meta Passcard Free-Mint, has expressed its vision of creating a fun, creative and innovative FPX metaverse for all players.
As a world-renowned esports organization, FPX has crowned the 2019 League of Legends World Championship two years after its inception. In 2022, both the League of Legends FPB Division and the League of Legends Mobile Division claimed championships in their league. The FPX Valorant Division also won the Copenhagen Masters crown and made remarkable appearances at the World Championship. Meanwhile, FPX’s Call of Duty Mobile and Identity V division also have excellent global competitiveness and international recognition. FPX is also the world’s first esports organization to release Anthem in association with Universal Music and the first organization in China to release an exclusive collection with Marvel, showing a strong influence in the esports and fashion sector.
As the leading product of FPX’s big move into the metaverse, the FPX Meta Pass card has various benefits. Holders can obtain tickets to LAN games, online events, valuable FPX merchandise, and much in demand by fans to qualify for FPX Meta’s whitelisting of the following projects. In addition, holders can become deeply involved in the co-creation of future projects to share mutual benefits with the community. Additionally, FPX META plans to build virtual idle development, virtual gaming venues, and a GameFi platform based on its extreme gaming and esports resources.
FPX Meta will soon launch its second project, PFP centered around FPX’s spiritual totem “Phoenix”. Gorgeous and fascinating background story being told step by step. As a veteran of Web2, FunPlus is strategically promoting the FPX META, and we are getting a glimpse of its patterns and long-term goals in Web3. According to reports, FPX Meta is actively working with a well-known institutional investor for initial investment, which is also a significant sign for the web3 world.
FunPlus’ top one IP FPX moves into the metaverse after investing $40 million in Xterio
