The first investment by one of the largest blockchain IP holders in a Polish startup.
British company nChain headed by Scandinavian billionaire Christen Ager-Hansen has decided to invest more than PLN 10,000,000 in Polish metaverse startup Planetary, increasing its post money value to more than PLN 50,0000,000.
nChain
nChain is a company operating on the market since 2015 with a portfolio of hundreds of projects. The financial injection for Planetary is at the same time minor compared to the technological background it also receives from nChain. Thousands of patents and hundreds of millions in solution value and years of development to be used in the form of licenses.
The road to this point took three years. Planetary, which is now a full-fledged social app embedded in the metaverse at first started as a party app for fun during pandemics gaining over 100,000 users.
In late 2022, the real fun began. Robert Bukowski and Sven Zagala joined the Planetary team, supporting the project with a team, IP and financially. Thanks to the cooperation with co.brick – startup house from Gliwice, it was possible to start and successfully complete talks with nChain. From the value of the company at the level of PLN 5 million in six months, we managed to increase its value tenfold.
nChain is not only smart money and technology but a huge marketing and visibility resource. Planetary has the ability to reach tens of millions of users and thus compete with the largest players in the market.
Christen-Ager Hanssen, CEO of nChain Group, added that “this is an exciting addition to our growing Web3 ecosystem. We are combining the worlds of Web2 and Web3 to create seamless and immersive experiences for both users and brands. Together, Planetary and nChain are accelerating the transition to the play2earn economy, which is what Web3 is all about.”
“Metaverse is definitely the future, and Planetary Metaverse is the near future. Our main goal is to create a new generation of social media. With the support of nChain, we want to challenge the major social media corporations by providing user-friendly social media based on BSV chain technology with 3D virtual reality.” – said Jakub Kobosko, CEO of Planetary.
Follow our journey: https://linktr.ee/planetarymetaverse
