ChainCatcher news, the Web3 metaverse startup MetaVersusWorld announced the completion of a $2 million seed funding round, with participation from Alphabit Digital Currency Fund, Xeta Capital, Launchpool, Westridge Markets, NetZero Capital, XSquared Ventures, GBIC, Alpha Sigma Capital, and FBG Capital. Part of the funds has been used for the development of the Unreal Engine 5 for the closed alpha product release on Steam, which is planned for the fourth quarter of 2022.It is reported that MetaVersusWorld is developing a hyper-realistic and interactive virtual multiverse, primarily providing services for metaverse commerce, gaming, and Web3 IP market expansion. The company is seeking to raise an additional $3 million to further expand its platform and products. (Source link)