DeHorizon

DeHorizon is positioning itself as a comprehensive metaverse game ecosystem, aiming to create a virtual carnival accessible across multiple blockchain networks. The company was brought to life by a team with deep roots in both the traditional gaming and web3 sectors. The founding director, Shane Zhu, is a UC Berkeley Robotics alumnus and a serial entrepreneur from Silicon Valley with prior experience as a crypto trading fund manager, who began developing NFT projects back in 2017. He is joined by a seasoned executive team, including Chief Product Officer Todd Porter, a gaming industry veteran who was the founding producer for "Dungeons & Dragons" and the world's first mobile MMO, "Ultima".

The core of DeHorizon's business is the development of a suite of interconnected blockchain-based games, initially announcing three titles: the team battle game DeVerse, the battle royale style DeTournament, and the dragon-racing game DeQuidditch. The business model is centered around a Play-to-Earn and Play-for-Fun structure, where revenue is generated from in-game asset purchases. These assets include characters, land, and equipment, which can be acquired using the native in-game tokens for each game (DVT, DTT, DQT). The ecosystem is designed to serve crypto enthusiasts and gamers, providing an accessible entry point into GameFi and the broader metaverse. A key differentiator is the focus on interoperability; the company introduced DeMeta, an ERC-721 NFT that acts as a connective passport, allowing players to have editable and evolving avatars across the entire DeHorizon metaverse.

The project's governance is facilitated by the DEVT token, an ERC-20 token that allows holders to participate in the DeHorizon DAO. This structure aligns with Web3 principles, aiming for a community-driven metaverse. DeHorizon has secured significant financial backing to execute its vision. In October 2021, the company raised $8.5 million in a Pre-A funding round co-led by Sfermion, Dragonfly Capital, and Everest Ventures Group. This was followed by a strategic funding round in February 2022, led by notable investors Griffin Gaming Partners and Circle Ventures, to further expand its game portfolio and team.

Keywords: metaverse game ecosystem, blockchain gaming, GameFi, play-to-earn, NFT, DeVerse, DeTournament, DeQuidditch, DEVT token, DeMeta, virtual carnival, web3 gaming, interoperable NFT, decentralized autonomous organization, Shane Zhu, Todd Porter, crypto gaming, virtual economy, digital assets, online gaming