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The New Web 3.0 Ecosystem, Totem ($CTZN) Raises $6m to Assemble its OS & Blockchain Tool Suite for the Metaverse

March 7, 2022 By Crypto Reporter PR

Totem, a Web3 ecosystem built by expert developers, artists and technicians in the metaverse, launches its operating system, Totem OS — a social and financial dashboard for managing all of one’s decentralised applications (dApps).

In light of what is a highly complicated and scattered Web3 space, TotemOS is the solution for creators to consolidate their work across platforms with the ability to easily manage dApps through access to social finance systems and collaborate with like-minded individuals on curated DAO-led community tools.

Daniel Hanks, CEO and Co-Founder of Totem, said: “With a multitude of platforms on the open metaverse, identities and communities are often siloed with no ways to cross. Totem OS provides a seamless bridge for our members and their assets to reach different communities & worlds, as well as access blockchain tools and experiences backed by a robust DAO-led blockchain infrastructure — fueling the ultimate vision of a unified Web3 built together.”

As a Web3 social network and tool dashboard combined in one, Totem OS will offer a host of optimised features that include customisation of one’s metaID and a full fledge suite of NFT services from minting and trading to staking tokens for exclusive rewards and access to NFT gated communities.

With support from numerous industry partnerships, Totem continues to build out its ecosystem with new user interface improvements, new staking options for $CTZN token holders and the release of Metastudio & Gallery, Obtainable to name a few. To date, Totem has raised $6M in funding, with Polygon Studios, Genblock, Kucoin Labs and NGC Ventures amongst its participating investors.

On the firm’s decision to invest, Roger Lim, NGC Venture’s Founding Partner said: “As the growth of the metaverse intensifies, we as stakeholders must evolve with it. Ecosystems like Totem are critical to shaping the next era of the Web3 user experience — creating a dynamic and reliable space for creativity and collaboration to flourish in the digital realm and realise the shared dreams of the meta-community.”

Looking ahead, Totem has plans to launch a play-to-earn gaming experience, TotemXR on 31 March and will continue to develop the TotemOS Sofi platform alongside it — all in steps to build an ecosystem thriving with platforms and products that are in tune with people’s hearts and the planet.

About Totem
Totem is a web3 OS and ecosystem built by artists, developers, and experts with guidance from the community, the ‘citizens’ of Earth. We create tEk products with specific use cases to set a new standard for the open metaverse. The OS is a suite of new tools, providing dynamic access and rewards for contribution as we move away from old paradigms to build an ecofuture.
For more information, visit: https://www.notion.so/totemearth/TOTEM-WIKi-45147df06f5742939c4fcd469dbca724

About NGC Ventures
NGC Ventures (NGC) is one of the largest and most active institutional investors of cryptocurrencies. NGC adopts best practices from traditional financial markets to invest in and incubate leading projects in the crypto industry worldwide. Both our funds I and II have invested in over 70 projects, mostly in blockchain infrastructure and adoption technologies in areas such as De-Fi, Gaming and Decentralized Computing. NGC also incubated NGC StakeX, which is a node-operating division. NGC Ventures has offices in Singapore, Shanghai and San Francisco.
For more information, visit https://www.ngc.fund.

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