Aftermath Islands Metaverse Limited together with Aftermath Islands Tokens Limited (“Aftermath Islands” or the “Company”) have secured a $25 million commitment with a global investment group LDA Capital Limitedto accelerate the Aftermath Islands product roadmap, launch of the Aftermath Islands Metaverse, and scale the ecosystem while supporting the growth of NFTs, digital identity, multi-chain initiatives, play-to-earn programs, virtualization, and blended reality and other decentralized initiatives.
“LDA Capital is proud to be a part of the advancements that Aftermath Islands has brought to virtual worlds and games that will transform the way players interact and transact with collectible NFTs in-game. More importantly, the company is an industry leader when it comes to digital identity verification, enabling a whole new world of in-game interactions. Ultimately, Aftermath Islands turns sci-fi into history, and we are proud to be co-authors of this story.” said Warren Baker, Managing Partner, LDA Capital.
According to Verified Market Research, the Metaverse market size was estimated at US$27.21 billion in 2020 and is projected to reach US$824.53 billion by 2030, growing at a CAGR of 39.1% from 2022-2030.
“LDA’s engagement will support the long-term growth of the Aftermath Islands Metaverse,” said David Lucatch, managing director of Aftermath Islands. “Demonstrating the use of digital identities to support security, privacy and protection, Aftermath Islands’ Metaverse has opted for high-resolution graphics and pixel streaming to offer users a fast, photo-realistic, no-download gaming experience on any device.”
The $25 million commitment provides for access to dilutive non-equity growth funds through the purchase of Aftermath Islands utility tokens based on the achievement of certain milestones that Aftermath Islands expects to commence but cannot guarantee they are reached towards the end…
