KlayCity is a technology company.
KlayCity has raised $4.0M across 1 funding round.
KlayCity has raised $4.0M in total across 1 funding round.
KlayCity has raised $4.0M in total across 1 funding round.
KlayCity's investors include CrunchFund, Dragonfly Capital Partners, Rarestone Capital.
KlayCity is a blockchain-based LandFi metaverse platform set in the year 2080 on a replicated Earth, built on the Klaytn network. It enables players to own, develop, and monetize virtual land through NFTs and the $LAY token, solving the problem of accessible virtual real estate ownership in Web3 by bridging Web2 users into immersive metaverse experiences.[3][4] Targeting gamers, creators, and investors, KlayCity fosters play-to-earn mechanics and collaborations with webtoon authors, short films, and e-novels, with strong growth momentum from a $3.75M seed and private funding round led by Krust and Animoca Brands.[3][4]
KlayCity emerged as part of the Klaytn ecosystem, a leading Korean blockchain launched in 2019 by the Klaytn Foundation, backed by internet giant Kakao Corp and its $500M Growth Fund.[3] As the first land NFT-based Land-Fi project on Klaytn, it partnered early with gaming titans like Netmarble (via MARBLEX), Neowiz (Crypto Golf Impact on NEOPIN), and Pocketful of Quarters to accelerate metaverse adoption.[3] Pivotal traction came from strategic alignments bridging Web2 organizations to Web3, culminating in the 2022 seed funding round that fueled go-to-market expansion and content collaborations.[3][4]
KlayCity rides the metaverse and LandFi wave within blockchain gaming, capitalizing on Klaytn's dominance in Korea—including CBDC pilots with the Bank of Korea—for secure, scalable Web3 experiences.[3] Timing aligns with explosive growth in play-to-earn and NFT land markets post-2021, amplified by Kakao's massive user base and partnerships with global gaming firms, which counter scalability issues plaguing Ethereum-based metaverses.[3] It influences the ecosystem by onboarding Web2 giants via Klaytn, expanding interoperable tokens (e.g., POQ's SEC-compliant gaming token) and fostering hybrid Web2-Web3 content, accelerating mainstream metaverse adoption.[3]
KlayCity is poised for explosive growth through deeper integrations with Klaytn's ecosystem, including more P2E games and multimedia IPs, potentially capturing Korea's 45M+ Kakao users amid rising metaverse demand.[3] Trends like CBDC advancements, AI-driven virtual worlds, and regulatory clarity for NFTs will shape its path, evolving its influence from niche LandFi to a central Web3 hub bridging East-West gaming markets. As the metaverse matures, KlayCity's early-mover status and powerhouse backing position it to redefine virtual land ownership, delivering on its promise as Klaytn's metaverse flagship.[3][4]
KlayCity has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in March 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2022 | $4.0M Seed | CrunchFund, Dragonfly Capital Partners, Rarestone Capital |