Triller Launches Metaverse Platform

The new platform will provide virtual spaces where users can gather to watch live music and other events.

Oct 19, 2022
by Michael
Triller Launches Metaverse Platform
News

Metaverz will Host the First Event Next Week

Triller is one of the latest companies to stake its interest in the metaverse with the launch of a new platform. This new platform, Metaverz is supported by Epik. In addition, Triller joined the Web 3 race as its largest competitors: TikTok, Meta, and YouTube shorts have all released their web3 campaigns to indicate their interest in the metaverse.

The team made claims on its progress to crossing the $100 million revenue threshold this year. They also stated in a recent publication that their application, which is available on Android and iOS, has been downloaded more than 350 times. 

The first event on the Metaverz will take place on the 22nd of October, with DJ Sam Feldt performing an electronic set from the Netherlands. He would also join the audience in Metaverz’s virtual nightclub as an avatar to mingle with guests. This virtual event is one of the 2000 live events Triller has planned for in the coming year. Most of these events will take place in the real world and on the Metaverz platform. 

More Details on the Metaverz 

Christopher Taurosa, head of Metaverz, said: 

“We are carefully curating all our events and experiences so people understand what they are doing. So it’s not like you walk around aimlessly, you get to engage around an event.” 

The company has spent most of the last two years building Metaverz. They released short videos depicting various experiences users will be able to engage with on the platform. These include a sports arena, beach houses, and a nightclub with projection screens, laser lights, and marble floors.

According to CEO Mahi de Silva, Triller is yet to break even, but the company expects to cross into profitability in 2023. The company also revealed the appointment of Prem Parameswaran last week. Parameswaran is to head the corporate finance and investor relations department. 

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