Social metaverse firm Social Future raises $6M in funding
April 14, 2023 – Social Future, an AI-driven social metaverse firm, has lately introduced that it has efficiently raised USD $6 million in funding. Social Future’s purpose is to create the way forward for social expertise with phygital interplay, immersive content material, and self-sovereign communities.
Social Future’s product, MAY (“Meet One other You”), allows immersive social experiences by way of personalised avatars. Constructed with blockchain and AI, MAY permits customers to generate ownable 3D digital worlds the place avatars convey real-time expressions and voices, in line with the corporate. These interconnected worlds finally develop into an open metaverse for socializing and enjoying, and with one click on, customers can create NFT areas the place avatars and communities reside. MAY enhances its experiences with AI companions and AI options throughout its 3D areas, and in addition allows asset possession.
Social Future’s authentic IP, ThreeEarsBunny (TEB), will likely be built-in into MAY as a fun-filled theme park with a group of NFT-based video games. Having launched simply two months in the past, Social Future said that TEB has already amassed a neighborhood of over 30,000 members, in addition to launched a collection of leisure video games, which have been performed greater than 200,000 occasions, in line with the corporate.
Social Future added that since its official launch in January 2023, the corporate has grown its person base to over 100,000 customers from North America and enrolled greater than 20,000 distinctive energetic wallets (UAW) per week. Seventy p.c of its customers are crypto-native, and an MPC pockets will quickly be launched to seamlessly bridge Web2 customers, permitting them to benefit from the Web3 advantages of possession safety for his or her social content material. Moreover, the corporate famous that upcoming generative AI options will enable customers to generate their very own digital property in seconds.
Vance Gong, founding father of Social Future, commented: “Our imaginative and prescient is to attach folks with feelings by way of AI-driven creations and interactions in 3D communities. We imagine that MAY will rework the best way folks join and work together with one another, and we stay up for bringing this imaginative and prescient to life.”
Based by technologists, artists, and recreation builders, SocialFuture is backed by crypto buyers together with SNZ, Everest Enterprise Group, Folius Ventures, Y2Z Ventures, Masks Community, Tess Ventures, Stratified Capital, Mindfulness Capital and strategic funds backed by public firms. Social Future can be a member of OMA3 (Open Metaverse Alliance), and companions with well-known metaverse firms resembling Animoca Manufacturers, Decentraland, and Metajuice.
For extra info on Social Future’s MAY social metaverse platform, click on here.
Picture credit score: Social Future
Sam Sprigg
Sam is the Founder and Managing Editor of Auganix. With a background in analysis and report writing, he has been protecting XR trade information for the previous 5 years.
