📺 Stream EntrepreneurTV for Free 📺

OneRare Raises $2 Million In Funding Round The fundraising round was led by key blockchain venture capitalists

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

OneRare

OneRare, the first-ever project to build a metaverse for food, gaming, and NFTs on the blockchain ecosystem, has raised $2 million in a funding round.

The fundraising round was led by key blockchain venture capitalists including Arkstream Capital, Momentum 6, StableNode, Exnetwork Capital, Enjinstarter, Everse Capital, Kangaroo Capital, Tag Ventures, Maven Capital, 1010 Capital, CSP DAO, Skyman Ventures, FF Ventures, ZBS Capital, and Lucid Blue Ventures.

The company's move to establish the next wave of the blockchain metaverse has not only attracted investors but also imminent angels including Nischal Shetty, founder at WazirX, SebastienBorget, co-founder of Sandbox, Sandeep Nailwal of Polygon, Ravindra Kumar, founder of Frontier, Edmond Truong, founder of Formation Fi and Tamar Menteshashvili from Solana.

Sharing her thoughts on the funding, Supreet Raju, co-founder, OneRare, said, "The blockchain industry is growing at a rapid pace, with more and more people around the world exploring Web3 applications. We are a critical point in the industry's evolution as global interest grows, and people look to engage in their first blockchain experience. The conversion of interest to interaction will determine the next wave of blockchain adoption."

We started building OneRare around the theme of food to celebrate global cuisines and give every user something familiar, something they can relate to. Food has no language and we feel proud to be the first team to bring food to the Metaverse, the world's first foodverse, the co-founder added.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Collaboration

5 Ways Solopreneurs Can Scale Their Business Through Collaboration

Our culture loves to perpetuate the myth that entrepreneurs must go it alone. But for many, the path to success is found in collaboration.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

Business News

How Much Do Engineers, Software Developers, and Analysts Make at Apple? See Salary List

Using application data from highly-skilled foreign workers, Insider revealed a range of salaries at the tech giant.

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.