OneRare, which claims to be the first Metaverse for food, gaming and NFTs platform, has raised $2 million led by key blockchain VCs including Arkstream Capital, Momentum 6, StableNode, Exnetwork Capital, Enjinstarter, Everse Capital, Kangaroo Capital, Tag Ventures, Maven Capital, 1010 Capital, CSP DAO, Skyman Ventures, FF Ventures, ZBS Capital, and Lucid Blue Ventures.
Angel investors including Nischal Shetty, founder at WazirX, Sebastien Borget, Co-founder of Sandbox, Sandeep Nailwal of Polygon, Ravindra Kumar, founder of Frontier, Edmond Truong, founder of Formation Fi, and Tamar Menteshashvili from Solana also participated in the round.
The funds will be utilised for product development, marketing, as well as building utility for the NFTs which will be exchanged for real-life meals.
Founded in 2021 by Supreet Raju and Gaurav Gupta, the blockchain metaverse will cater to global food mavens where they can farm for ingredients, trade them at the market, or head to the kitchen to claim dishes. The Foodverse also features a playground where users can use their NFTs to battle in minigames.