Venture capital firm DWF Labs has announced a strategic investment and partnership with Mars Labs, a metaverse platform. DWF Labs will reportedly invest approximately $1 million in the Mars metaverse project. Through this partnership, the two parties aim to market the global expansion of the overall business operated by Mars Labs.
Mars Labs CEO Kevin Chang said that the company is focusing on a metaverse game that is fun to play for everyone. The Mars Metaverse, scheduled for official launch in 2024, is a P2E metaverse with contents that allow users to enjoy various gameplays such as camping, basketball, racing, and busking.