BFMeta Completes Pre-A Round of Financing Led by Goldman Sachs Group (UK)

It is reported that BFMeta, a public chain of the Yuan Universe, announced the completion of the pre A round of financing, with the specific amount not yet disclosed, and Goldman Sachs Group (UK) led the investment. BFMeta was initiated by the Singapore based Future Development Metaverse Foundation (FDMF) and built on the open source mobile blockchain operating system Biotest Chain. The new funds will be used to establish a global developer community. （europeanmetaverseawards）

BFMeta completed a pre A round of financing, led by Goldman Sachs Group (UK)

BFMeta, a public chain of the Yuan Universe, recently announced the completion of its pre-A round of financing. Although the specific amount has not been disclosed, it is known that Goldman Sachs Group (UK) led the investment. BFMeta is a public chain built on the open-source mobile blockchain operating system, Biotest Chain, and was initiated by the Future Development Metaverse Foundation (FDMF) based in Singapore. This new injection of funds will be utilized to establish a global developer community, according to the company.

What is BFMeta and the Yuan Universe?

BFMeta is a public chain that aims to create a decentralized ecosystem tailor-made for the metaverse industry. The metaverse is a shared virtual space where users can interact with a computer-generated environment and other users, much like in the movie “Ready Player One.” BFMeta is built on the open-source mobile blockchain operating system Biotest Chain, which provides a low-cost, flexible, and efficient infrastructure for decentralized applications. The Yuan Universe, on the other hand, is a multi-chain ecosystem that connects various public chains, making it easier for users to interact with and transfer assets between different chains.

The Future of the Metaverse Industry

The metaverse industry is still in its early stages but has shown rapid growth in the past year due to the pandemic’s effects. This industry has the potential to completely change the way we interact with each other and the virtual space, and BFMeta aims to be at the forefront of this revolution. By building a decentralized ecosystem for the metaverse industry, BFMeta allows developers and users to have a transparent, secure, and global platform to build and interact with decentralized applications.

The Importance of a Global Developer Community

The establishment of a global developer community is crucial for BFMeta to achieve its vision. Developers are the key players in creating and improving decentralized applications, and a strong user base is necessary to make these applications successful. The new funds raised during the pre-A round of financing will be used to attract talented developers to the BFMeta community and provide the necessary resources for them to create and improve decentralized applications. With a global developer community, BFMeta can create a more diverse and innovative ecosystem for the metaverse industry.

Conclusion

BFMeta’s completion of the pre-A round of financing led by Goldman Sachs Group (UK) is a significant step towards its vision of creating a decentralized ecosystem for the metaverse industry. The company’s use of the open-source mobile blockchain operating system, Biotest Chain, provides a low-cost, flexible, and efficient infrastructure for decentralized applications. The establishment of a global developer community is crucial for the metaverse industry’s growth and success, and BFMeta is making the necessary steps towards creating one.

FAQs:

1. What is the metaverse industry?
The metaverse industry is a shared virtual space where users can interact with a computer-generated environment and other users.
2. What is Biotest Chain?
Biotest Chain is an open-source mobile blockchain operating system that provides a low-cost, flexible, and efficient infrastructure for decentralized applications.
3. Why is a global developer community important?
A global developer community is important because developers are essential in creating and improving decentralized applications, and a strong user base is necessary to make these applications successful.