On February 22, Metaverse startup BuzzAR announced the completion of a $3.8 million seed round. This round of financing was invested by F50 Elevate and others. Angel investors include former Marina Bay Sands executive Ian Wilson and SenzeCare co-founder Peter Hlavnicka Wait.
According to the development roadmap, BuzzAR will launch two core businesses including Web3 games and social networking in 2022. In addition, they will also build an avatar NFT platform called “CryptoToon” on which users can use CryptoToon API to create your own avatar and your own NFT.