Lumos Labs has introduced the launch of a metaverse platform for builders to study, earn, and discover alternatives after elevating over $1.1 million in a seed spherical. The seed spherical was led by world Web3.0 enterprise fund Delta Blockchain Fund, and included funding from enterprise capitalists akin to Superblock, Next Web Capital, Arcanum Capital, AG Build, Paradigm Shift Capital, and a number of angel buyers from the Web3.0 ecosystem.
Lumos Labs was constructed with a imaginative and prescient of bringing blockchain expertise to builders and founders, and over time, we have now run packages with over 40 Web3.0 companions whereas constructing a neighborhood of builders to attain that purpose, Kaavya Prasad, founder, Lumos Labs, mentioned. “With the transition to the metaverse, we are now looking forward to strengthen and enable Web3.0 developers as they access global opportunities, incentives, and knowledge on a single platform,” she added.
With the Web3.0 area, the worldwide blockchain market is predicted to develop at a fee of 45 % to achieve $34 billion by 2026, the corporate mentioned. “The two problems that the ecosystem faces in its growth trajectory includes the availability of Web3.0 developers and the need for an organised, chain agnostic platform to aggregate and allow developers to upskill,” it added.
“The Web3 space is growing and the bottleneck is the lack of qualified developers across various L1 and L2 ecosystems. The work by Lumos Labs in identifying the imbalance in the demand and supply of developers is what attracted us towards them. Delta blockchain fund looks forward in joining hands with Kaavya and the team as they take the leap to build a developer focused metaverse that aims to upskill and organise this market with an experience for developers from learning, building communities, and finding their purpose with an experience in Lumos’s metaverse,” Kavita Gupta, founder, Delta Blockchain Fund, mentioned.
The metaverse will goal to be an interactive platform for builders, entrepreneurs, and Web3.0 companies that may facilitate authenticated developer profiles, Web3.0 studying, and hiring alternatives, to offer incentives to builders for upgrading their abilities.
Source: www.financialexpress.com”