Bullieverse

Bullieverse

A fantasy Metaverse Island where you can play to earn, have fun and make new friends.

HQ location
United Kingdom
Launch date
Enterprise value
$16—24m
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Financials

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Revenues, earnings & profits over time
USD2022
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EBITDA0000
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Source: Dealroom estimates

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More about Bullieverse
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Bullieverse operates as a Web3 entertainment brand, developing an open-world metaverse focused on gaming and social experiences. Founded in 2021 by Srini Anala and Murali Reddy, the company is headquartered in Bengaluru, India. The founders bring extensive experience to the venture; CEO Srini Anala has held leadership roles in engineering at major financial institutions like Goldman Sachs and UBS and co-founded two other blockchain-based platforms. COO Murali Reddy is a serial entrepreneur with a background in leading teams at Oracle and IBM Labs. Both previously co-founded Cognitochain, an enterprise blockchain company.

The company's core offering is a metaverse platform where users can play games, interact, and earn digital rewards. It targets Web3 enthusiasts, gamers, and digital creators. The business model generates revenue through in-game asset sales, such as NFTs representing avatars and virtual land, as well as partnerships and sponsorships. A portion of transaction revenues is directed to the Bullieverse DAO (Decentralized Autonomous Organization), which aims to transition the platform to community-driven governance. The platform's economy is powered by its native token, $BULL, which is used for transactions, staking, and granting voting rights to its holders. A second token, $RUSH, is earned through in-game activities.

Bullieverse has developed several games, including "BullRun," "Bear Hunt," and the survival shooter "Necrodemic," built on the Unreal Engine. These games utilize a play-to-earn model, allowing players to earn rewards through gameplay milestones, challenges, and tournaments. The platform also features a marketplace for trading in-game assets and NFTs. A significant milestone was achieved in February 2022, when Bullieverse raised $4 million in a Series A funding round led by Web3 venture funds like OKX Blockdream Ventures to expand its ecosystem. The platform has also launched distinct NFT collections, including the 'COBI Bull' and 'Barbearian' avatars, which grant owners access to exclusive perks and serve as playable characters within the games.

Keywords: Bullieverse, metaverse, Web3 gaming, play-to-earn, P2E, blockchain gaming, NFT, decentralized autonomous organization, DAO, Srini Anala, Murali Reddy, virtual world, crypto gaming, digital assets, Unreal Engine, $BULL token, play and earn, gaming ecosystem, crypto-native, game development, virtual economy, digital identity, asset ownership, in-game assets, blockchain entertainment

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Investments by Bullieverse

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Beyond Gaming Guild
ACQUISITION by Bullieverse May 2023