Vircon Legal advised Goart Metaverse on its pre-seed round led by Islamic Coin.

Goart Metaverse is a Web3 art and creator platform combining NFT-based ownership, on-chain provenance and immersive virtual experiences for artists, collectors and brands; the product sits between art-tech and metaverse-native culture. The platform addresses the gap between traditional fine-art distribution and the on-chain creator economy by treating provenance, secondary-market royalties and immersive presentation as a single product surface rather than three separate workflows.

Web3 culture and creator infrastructure has continued to attract capital even through broader crypto cycles, driven by long-term thesis investors who treat on-chain provenance and programmable royalties as durable primitives independent of token-price dynamics. Türkiye in particular has produced a deep bench of consumer-facing Web3 builders, supported by strong design and front-end engineering talent and an unusually high level of crypto literacy among end users. Pairing that founder base with values-aligned capital from emerging-market and MENA-region ecosystems is one of the more strategically interesting capital corridors of the current cycle.

Islamic Coin (HAQQ) is the native cryptocurrency of the HAQQ Network, a sharia-compliant blockchain project; its venture activity backs Web3 culture, art and consumer-application projects aligned with the HAQQ ecosystem. For Goart, the partnership delivers both capital and access to an ecosystem of values-aligned distribution partners across the MENA region — a meaningful complement to the company’s Türkiye-rooted creator network. Goart’s positioning at the intersection of Türkiye-rooted creator talent and MENA-aligned distribution capital is well suited to the next phase of Web3 culture, where regional ecosystem alignment increasingly drives durable adoption.

Author

  • Erdem Mümtaz Hacıpaşaoğlu

    Mümtaz is the Managing Partner of Vircon Legal, which he founded in 2016. He advises founders, investors and operators on financing rounds, M&A, cross-border incorporations and regulated verticals — including crypto-asset infrastructure, fintech and games — bringing a former startup founder's perspective to every engagement.

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Published: 15 April 2024 · last updated: 25 May 2026
This article is for general informational purposes only and does not constitute legal advice. Laws and practices may have changed since the publication date. For specific situations, please consult Vircon Legal.
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