Singapore-based blockchain game project NeoWorld has recently closed a private round of equity fundraising from heavy-weight institutional investors, valuing the project at tens of millions of US dollars. Antpool'a Hong Sen and NEO ECO FUND, and from the traditional Internet sector, Bfund Capital, the founder of XiaMi Music (Chinese Spotify), Mr. Wang Xiaowei, and the Blockchain Field Chain Foundation gaming platform participated in the investment.
Investments will be used to develop the ecosystem NeoWorld, creating your own virtual world, promoting initiatives to create custom content, as well as for VR integration.
What is NeoWorld?
Project NeoWorld (www.neoworld.io) is First MMO-Virtual World running on the blockchain. In the NW, there is a self-management mode. Today, NeoWorld has more than 50 000 residents from more than 50 countries, and the number of active 
users per day on average kept at several thousand. The concept of the game is similar to Second Life, players in NeoWorld are interested in creating content, ranging from individual stores to complex business districts, receiving income from other players and advertisers.
NeoWorld has its own currency based on Ethereum, NeoWorld Cash. In the future, it is planned to migrate the project either to EOS, or to Loom or Zilliqa.
Currency is needed for transactions in the virtual world and is the cornerstone of its decentralized economy. The developers themselves do not sell items, but rather encourage trade between residents, charging a commission. In addition, the project partially works with blockchain platforms, such as EOS, NEO, IOST and Ontology, to create a multi-currency universe. While on them are separate islands. What can you do?
What gameplay?
The main gameplay revolves around social interaction and business management. It will be interesting for enterprising and creative people.
- Build and Operate of land.
- You can Collect materials or hire a job in exchange for cryptocurrency.
- Collaborate and Promote business. Advertising, exchanges, the creation and sale of scenery.
- You have an avatar and you can move around the locations.
- You can create and add your content to the game, for example, design a theater, decorate it and hire actors to perform and sell tickets! User content will be reviewed and approved by the community, and content authors will be rewarded.
Our ref. link - NeoWorld
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