Inery Acquires Investment from Metavest at USD 128m Valuation

Inery-Acquires-Investment-from-Metavest-at-USD-128m-Valuation (1)
Inery-Acquires-Investment-from-Metavest-at-USD-128m-Valuation (1)

Inery, a decentralized data management system, has announced that it has secured an investment from web3-focused Blockchain VC firm Metavest in the first week of September at the valuation of USD 128m.

Bringing DB to Web3, Inery is a decentralized data management solution. It offers a low-cost, low-latency, secure, and tamper-resistant method for managing data. Through owner-controlled data assets, the data management system seeks to ensure that users, including gamers and businesses, maintain control over their data in the metaverse. With the help of this finance, Inery hopes to broaden its use cases, especially in GameFi, where it hopes to harness the full potential of the burgeoning gaming sector by providing proof of digital asset ownership.

The company also plans to provide a platform where people may easily construct and distribute NFTs.

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