Ethernal Labs raises $20M for its metaverse gaming studio

Ethernity today announced it has raised $20 million towards its new studio, Ethernal Labs. This new venture is a technology studio and incubator dedicated to helping others launch their own NFTs and tokens and join the metaverse.

Ethernal Labs aims to be a platform to help get these other parties into the metaverse with an authenticated marketplace, avatar creation, and P2E gaming. Ethernity CEO and founder Nick Rose told GamesBeat, “Ethernal Labs will act as a one-stop destination for brands, artists, and notable figures to launch NFT collections, fan tokens, and virtual events.”