MetaMundo raises $2.7M to launch 3D NFT marketplace

MetaMundo has announced it has raised over $2.7 million in seed funding to build a marketplace for 3D nonfungible tokens (NFTs).

Animoca Brands, an NFT game firm and investment company in Hong Kong, led the round. Other investors included 19 other NFT, cryptocurrency, and metaverse focused companies and individuals. MetaMundo will use the funding to launch its 3D NFT marketplace in 2022. It also plans to put funding towards its suite of 3D model conversion tools. These tools are meant to ensure compatibility of 3D assets between different metaverse worlds.