Web3 metaverse and creator platform ZTX recently concluded a highly successful seed round, securing $13 million in funding. The round was led by prominent crypto investment firm Jump Crypto, and attracted investments from key players in the web3 investment space, including Collab+Currency, Parataxis, MZ Web3 Fund, and Everest Ventures Group, among others. This significant achievement highlights the growing confidence in the future of web3 metaverses, as well as the tremendous potential investors see in the ZTX project.

The Legacy of ZTX and ZEPETO

ZTX’s success can be attributed, in part, to the team’s notable accomplishments in the web2 metaverse world. ZEPETO, ZTX’s legacy web2 business, has emerged as the fourth largest metaverse platform globally. With over 400 million lifetime users, ZEPETO trails behind only Roblox, Fortnite, and Minecraft. Furthermore, ZEPETO has established strategic partnerships with renowned brands like Gucci and Starbucks, further solidifying its position in the metaverse landscape.

The ZTX team comprises industry veterans from iconic companies such as Apple, Roblox, Epic, and EA, as well as skilled builders from successful web3 ecosystems like Cosmos, Flow, and Solana. This collective expertise positions ZTX as a one-of-a-kind project, with the potential to stand out among other web3 metaverse initiatives.

Ambitious Vision of Building an Infrastructure Layer for Creators

ZTX’s overarching vision is to provide a robust infrastructure layer for creators, ultimately empowering them to thrive in the metaverse. The team’s commitment to this vision has been unwavering, as evidenced by their discreet year-long development efforts. With the upcoming token launch and the successful seed round, ZTX seeks to emphasize the shared commitment between investors and the team towards this ambitious mission.

General Partner at MZ Web3 Fund, Yuki Kanayama, expressed high expectations for ZTX, highlighting its potential to create a distinctive world that sets it apart from other web3 metaverse projects. The team’s exceptional expertise in both the metaverse and web3 ecosystems positions ZTX for future success.

Collab+Currency Partner, Stephen McKeon, emphasized the venture fund’s focus on supporting visionary teams that utilize decentralized technology to shape the future of consumer products. The partnership with ZTX aligns with this mission, as ZTX’s creator-focused tooling and distinct infrastructure layer offer valuable support for diverse NFT projects and web3 builders.

The collaboration with Dust Labs, a leading web3 start-up, further enhances ZTX’s potential. Dust Labs provides the technology behind y00ts and DeGods digital collections, and their partnership with ZTX will focus on developing ZTX Partner Wearables. This collaboration will enable the creation of 3D assets that can seamlessly integrate into various open-world metaverses.

Despite being a relatively new player, founded in 2022 as a joint venture between Jump Crypto and ZEPETO, ZTX is rapidly making strides in building out its product and establishing itself within the web3 industry. The platform has already launched its Playtest, an invite-only beta version of the upcoming 3D metaverse platform.

ZTX has also forged a partnership with Dust Labs, which will greatly contribute to the development of ZTX Partner Wearables and the creation of 3D assets. To further expand its offerings, ZTX is preparing for its first Genesis Home Mint, where a collection of 4,000 ZTX-based original 3D metaverse homes will be available for purchase.

ZTX’s recent seed round success, fueled by prominent investors in the web3 investment space, underpins the growing confidence in the future of web3 metaverses. Leveraging the legacy of ZEPETO and the expertise of its seasoned team, ZTX aims to revolutionize the web3 metaverse and empower creators with its distinctive infrastructure layer. With strategic partnerships and innovative projects on the horizon, ZTX is poised to leave an indelible mark on the web3 industry.

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