VRJAM, the UK’s leading VR provider for live music experiences, this week announced a round of investment for the crypto token attached to its groundbreaking new metaverse platform – VRJAM Coin.
The latest development comes just weeks after they announced the impending arrival of their ‘always on’ virtual reality world that will offer a host of new solutions for artists, labels and content creators. Users can render and monetize music and live shows in pioneering ways using NFTs, blockchain and immersive technology.
Driving the fiscal component at the very heart of VRJAM’s metaverse platform is their in-world cryptocurrency, VRJAM Coin. It enables the creation of financial solutions for trade and value exchange on the VRJAM platform.
The investment opportunity attracted attention from some of the crypto industry’s leading blockchain investors, all backing VRJAM Coin with $1M in investment to date in the seed round of the token sale.
The seed round for VRJAM Coin saw combined investment from Sky Vision Capital, Enjin.io, NGC Ventures, AU21 Technology, Valhalla Capital and EnjFi.
Alongside the investments from the blockchain finance space, the world’s leading NFT tech developer, Enjin.io, have also joined the seed round with a strategic investment – to support the development of the VRJAM platform.
Subscriptions are now open for the investor round of the VRJAM token; interested parties can sign up to join the investor round of the VRJAM token sale via the VRJAM website.