Citizen X
11 Broadway, New York, NY, 10004, United States
Overview
Citizen X is a thesis-driven venture fund investing in Web 3.0 and decentralized technologies.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 2
Investment portfolio
- Walker Labs
Led · Seed · Nov 2022
Walker Labs is building Walker World, an Unreal Engine 5-powered, AAA-quality open-world third-person shooter and adventure game designed for the metaverse. The game features a roughly 1,500-square-mile open world, 3D animated full-body characters called Walkers, multiplayer modes, quests, and a player-driven virtual economy where assets can be bought, sold, or traded. Walker World emphasizes interoperability and cross-world digital identity, allowing Walkers to be used across other games and platforms. The studio plans a beta launch in late 2023, a Walker World land sale and store in H1 2023, and a public sale of a $WALK token in H1 2023; a female Walker collection was slated for early December 2022. Operational milestones include integration of 6,545 Walker characters (Cryptowalkers) into Jadu's Web3 AR platform, The Mirrorverse. The team is composed of industry veterans from AAA developers including EA, Ubisoft, DICE, Rovio and Weta Workshop.
- NFT Oasis
Participated · Equity · Jul 2021
NFT Oasis, formed in March 2021 and wholly owned by Provenonce, Inc., operates a virtual environment that brings the NFT movement to life in fully immersive VR. The platform uses AltspaceVR (owned by Microsoft) and is accessible on Oculus headsets and PC/Mac, with live and recorded streams available on social media. Since April the company has welcomed more than 200 artists and musicians and runs weekly events and performances by artists including Imogen Heap, Greg Spero, AWEEK, Lee Eun Bi, and Hayeon. NFT Oasis provides tools for creators to host gallery exhibitions, concerts for thousands of attendees, curate custom virtual galleries, and hire designers and programmers within a decentralized gig economy. The company is building smart contract–based systems to enable creators and communities to establish economics and permissions for metaverse experiences. NFT Oasis positions itself to expand the decentralized creator economy by combining NFTs, DeFi, and VR to give artists greater creative freedom and financial control.