U-topia, a Web3 Entertainment Company, has raised a strategic investment of $850,000 from GDA Capital. With this investment, GDA Capital executives will join the U-topia team in a strategic advisory capacity.
With this strategic investment, the team looks to expand into international markets. The investment will also be used to develop newer features and technologies within the U-topia platform, all focused on enhancing its capabilities.
A Web3 entertainment company, U-topia brings a convergence of global licensing in GameFI, AI music, and video entertainment backed by NFT provenance. The company leverages intellectual property from Web2, such as content from professional sports teams and video game IPs similar to Bandai Namco. All this while offering rewards and benefits from top 100 retailers like Amazon, Apple, and Walmart, along with prime NFT collections from Web3.
These IPs are integrated into gamified entertainment products, including video games, music, and movies. The U-topia wallet U-Wallet currently removes the disparity in digital ownership and is integrated into all Web3 Dapps and Games.
This allows mainstream adoption of digital assets; it allows NFTs and crypto to be owned by everyone 13 years and above. By partnering with Web3 communities, U-topia helps create new, fully licensed collaborative crossover IPs that can be used perpetually.
Integrating different Web 2 industry sports giants, products like Apple Vision Pro, perks from retailers like Nike, and prime NFTs like Bored Ape Yacht Club (BAYC) are designed to enhance the overall experience.
The company is also doing its first community NFT collection of 25K FREE NFTs to early whitelist subscribers in partnership with various launchpads. The U-Pass Genesis NFT mint will provide specific utility to the ecosystem, including primary access to new NFT mints, NFT-gated communities, and the top 100 merchandise brands worldwide.
GDA Capital’s investment decision demonstrates its confidence in U-topia’s ability to disrupt traditional IP licencing models. With their team’s track record of early strategic investments in disruptive blockchain projects like TRON and Loopring, GDA Capital brings unparalleled expertise and resources to support U-topia’s journey towards widespread adoption and success.
“We are thrilled to lead the strategic investment round in U-topia,” stated GDA Capital Partner Joaquim Miro. He said, “U-topia’s innovative approach to IP licencing represents a paradigm shift in the blockchain space, and we are excited to be part of their journey towards reshaping the future of digital ownership.”
“U-topia is excited to champion the next era of IP content in our entertainment products that leverage the latest technology and AI. While producing engaging and exciting entertainment products for the next generation of fans, we are equally excited to realise our vision of a compliant Web3 wallet for users aged 13 and over,” says Emmanuel Quezada, CEO of U-topia.
U-topia is the first digital entertainment company in Web3 that will provide the necessary infrastructure to make its entertainment products appealing to not just Web3 enthusiasts but mainstream (Web2) GenZ’ers. U-topia’s mission is to make digital ownership accessible so anyone under 18 can collect digital goods as NFTs.
