MetaTrace, an innovative GameFi project, has announced its acquisition of the RAK DAO license within the UAE's free economic zone. Aiming for further development, the project has opened its third round of investment. The team seeks to raise $25 million to fuel global expansion and strengthen its market position worldwide.
The MetaTrace project, launched in May 2022, immediately garnered attention with its NFT collection, raising an impressive $500,000. These funds were allocated to the project's development, including marketing efforts, assembling a professional team, and creating an innovative product. By August 2022, a successful MVP version of the product was introduced, based on the geolocation platform MetaFora, powered by Polygon blockchain technology.
