HomeTechnology & InnovationInery acquires investment from Metavest at $128 mn valuation
By Economy Middle East
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September 15, 2022 2:22 pm

Inery acquires investment from Metavest at $128 mn valuation

Company aims to expand its use cases—particularly in GameFi
Inery
Two professional IT programmers discussing blockchain data network

Inery, a decentralized data management system, has announced that it has secured an investment from web3-focused blockchain venture capital firm Metavest in the first week of September at the valuation of $128 million. 

Through this funding, Inery aims to expand its use cases—particularly in GameFi, where the company seeks to explore the full potential of the booming gaming industry with verified digital ownership of assets. . According to DappRadar’s latest figures, investments in GameFi have registered a 135 percent jump from last month.

Additionally, the firm aims to build a space for its users to seamlessly create and share NFTs.

Inery is a decentralized data management system bringing DB to Web3. It provides low-cost, reduced latency, secure, and tamper-resistant ways for data management. The data management system aims to ensure users, including gamers and businesses, retain control of their data in the metaverse via owner-controlled data assets. 

Moreover, Inery will list its token in Q3 of this year (2022). Visit the company’s website and follow its official social media accounts to learn more.