Web3 social game DogeWalk has completed a $1 million seed round financing, led by ByteTrade Lab, which will provide in-depth incubation

ChainCatcher news focuses on the Web3 social game for pet dogs, DogeWalk, which has completed a $1 million seed round financing at a valuation of $10 million, led by ByteTrade Lab. They will also provide in-depth incubation and operational services for DogeWalk, offering comprehensive resource support in development, product, marketing, community, and more. The funding will be used to initiate global operations, as well as subsequent hardware integration and the layout of a pet physical matrix, among other things.

In DogeWalk, users can equip themselves with NFTs in the form of virtual dogs. While walking, playing, and sharing moments with their pets, users can earn tokens. These earned tokens can be used within the game or to purchase real dog food, supplies, services, etc. The beta version is currently available for trial.

It is reported that ByteTrade Lab is a Web 3.0 infrastructure backed by the Susquehanna International Group (SIG) Asia VC Fund and several other leading institutional investors. The crypto data platform RootData shows that its investors include INCE Capital, BAI Capital, Sky9 Capital, BlueRun, and PCG, which collectively invested $50 million in a Series A round in June 2022.