Recently, The Lumos Labs brand has announced the launch of a metaverse platform. This will help developers to learn, earn, and explore opportunities. This happened after raising over $1.1 million in funding led by Web3.0 venture fund Delta Blockchain Fund.

The round also saw participation from venture capitalists such as Superblock, Arcanum Capital, Paradigm Shift Capital, Next Web Capital, AG Build, and multiple angel investors from the Web3.0 ecosystem.

The Lumos Labs was built with a vision of bringing blockchain technology to the forefront for developers and founders. Additionally, Over the years, we have run multiple programs with over 40 Web3 partners. While building a strong community of developers to achieve that goal,” said Kavya Prasad, founder, of Lumos Labs. In addition to the Web3.0 space, the global blockchain market is expected to grow at a rate of 45% in the future. The company said this target will reach $34 billion by 2026.

Prasad added, “With the transition to the metaverse, now we are striving look forward to strengthen and enable Web3 developers. That’s why they can access several global opportunities, incentives, and knowledge on a single dedicated platform”.