MT Tower, the future social and community metaverse network, has been revealed that the third round of funding cycle for the project will begin on 3 October and run through 10 October.

Users can engage with and have unique experiences with MT Tower in areas including culture, virtual art, brands, and people. By moving beyond the current social media platforms to translate online interactions into three-dimensional space, the platform acknowledges the metaverse's enormous potential to redefine how people engage electronically today.

After successfully raising $0.4 million in its first strategic round, the project raised over $0.6 million in its second round, which ended on 16 September. The upcoming seed round, which will take place on MT Tower's very own launchpad, will give investors access to 225 million MT tokens at $0.03, representing 15 per cent of the total supply.

According to the company,  it has established a soft cap of $50 million for the Seed phase, and investors will have a 32- week vesting period. It will  soon announce exchanges on which MT Token will be listed starting in October.

MT Tower enables users to meet businesses, build new social connections, and construct their own worlds that they can share both within and outside of the site. Users will be able to express themselves more creatively than is practical in the actual world thanks to sophisticated customisation features. They will manage their online personas as influencers across all social media channels using material produced in MT Tower.