# Project Research: Dreamverse

By [不确定性守恒](https://paragraph.com/@uniswapv6) · 2022-06-23

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Background
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### As the concept of metaverse becomes popular, a lot of metaverse projects or contents without differentiation start to emerge. Traditional metaverse projects, such as Sand and Mana, have rich content, but their graphics are made in pixel style, with a single visual presentation and lack of immersion; The future development of metaverse will certainly combine with VR/AR/XR and other technologies to bring users a high-fidelity and immersion experience.

Introduction
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### The project to be analyzed is called Dreamverse, an Ethereum-based VR metaverse with social and entertainment properties that offers high fidelity and immersion, launching in early 2021. The project provides exclusive metaverse space for partners through parcels of land for sale by partnering with several worldwide stars and top IPs from film, animation and games.

### According to the official information, in December 2021, NBA star McGrady announced to join DV to build McGrady Manor; In March 2022, Prushenko, the four-time Olympic figure skating champion, announced to join DV to build a home on ice; in December 2021, 10 mange works including "Astro Boy" by Japanese manga artist Osamu Tezuka were signed to move into DV. Other IPs such as Tron, OKX, Mexc, Global, Gate.io, SocialFi Project XTM, EVA, and "Wandering Earth” have also announced their presence in the meta-universe ecosystem.

### The project’s client beta is in the countdown phase, and its official Twitter has announced 6 scene previews, also it will launch a VR channel entrance and online dynamic content editing function in Q4; The project has already sold 400 Land NFTs in January 2022 on OKX NFT marketplace, and raised 100ETH, which is about $400,000. Users can currently trade land NFTs at Opensea; 50% of its revenue is used to support the long-term development of the project, and the other 50% is used for staking rewards and content creator incentives.

Funding
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### In December 2021, raised 1.57M from strategy round, led by CGV FOF Asian, and raised 300K from IEO through Gate.io

Tokenomics
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### Token symbol: DV

### Circulating supply: 21M

### Total supply:2.1B

### Price:$0.022

### Market cap:$0.46M

### Fully Diluted Valuation: $46.2M

### Listed by: Gate.io, MEXC

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*Originally published on [不确定性守恒](https://paragraph.com/@uniswapv6/project-research-dreamverse)*