Futureverse Combines Eight Web3 Companies Creates Open Metaverse System
Metaverse startup, Futureverse launches open metaverse ecosystem, after merging eight top Web3 companies.
Technological and cultural foundation for open metaverse, Futureverse has unveiled a stunning edifice in the virtual space. The company has successfully merged 8 different Web3 companies into one, creating an open metaverse ecosystem. Futureverse aims to create a single
collaborate metaverse which would improve the unity of the Web3 and open metaverse experience. The five-year-old startup is the first firm after Animoca Brands to execute this combining strategy.
Aaron McDonald. one of Futureverse’s co-founder mentioned that:
“Our thesis was based on the idea that if you’ve got a portfolio of companies that could work together to solve problems for each other, then you can build a more resilient portfolio. And you’re actually accelerating product-market fit in a way because if one of your portfolio companies would use another portfolio company’s technology….”
Full Details of Futureverse Open Metaverse System
The eight combined companies includes Altered State Machine, Non-Fungible Labs, Sylo, Centrapay, Centrapass, Immersve, Shadows Interactive, and Altered Phoenix. In preparation for a new dawn, Futureverse has tweaked its entire system. The team plans to expand its cultural dominance through staretegic partnership with talents and companies.
Targeted partnership include FIFA, Warner Music Group, Authentic Brands Group, Muhammad Ali Enterprises, Snoop Dogg, Timbaland, Keanu Reeves and Alexandra Grant. There are some newly announced collaboration which birth production of games like Muhammad Ali: The Next Legends and FIFA AI League.
Futureverse will be create a blockchain network called Root network. This network will serves as an identity protocol, artificial intelligence platform, a communication protocol, payments rails and character creator technology. Some other metaverse companies like Midnight and Fenix Games are planning to setup a rollup in the Web3 space. Notably, the last rollup with a big transition in mobile games was the amalgamation of numerous mobile games in Jam City.