As the digital world evolves rapidly, the convergence of artificial intelligence and metaverse technologies enables the emergence of new platforms that offer unique experiences. Futureverse is a platform that combines these innovative technologies to enhance music, objects, characters, and animations through specialized AI content creation tools. Futureverse has announced raising investment in a $54 million Series A funding round, which includes cryptocurrency payment solutions provider Ripple Labs.
Investment Details:
Futureverse secured $54 million in a Series A funding round led by growth capital fund 10T Holdings. While the company's founders have chosen not to disclose their new valuation, this funding round is expected to add significant value to Futureverse.
Platform Features:
The Futureverse platform offers a powerful suite of specialized AI content creation tools designed to accelerate the development of the metaverse. The company has previously collaborated with various companies and individuals, including FIFA, Mastercard, Death Row Records, Snoop Dogg, and Keanu Reeves. The partnership with Ripple is also noteworthy, as it involves an integration utilizing the XRP token. The value of XRP has recently increased following a court decision. With the funding news, Futureverse hopes to see a resurgence of interest and investments in "metaverse" startups, similar to previous years. #artificialintelligence #metaversenews
Statements from Ripple's President:
Ripple's President, Monica Long, expressed great excitement in supporting Futureverse's vision. Long stated that Ripple is thrilled to contribute to the underlying infrastructure layer and provide real utility to end-users in the open metaverse. Futureverse's solutions that combine artificial intelligence and metaverse technologies are expected to contribute to the development of more immersive applications, games, and experiences in this expanding digital world.
In Summary:
Futureverse stands out as an innovative platform that combines artificial intelligence and metaverse technologies. With the $54 million raised in its Series A funding round, the platform is expected to further strengthen and contribute to the development of the metaverse. Ripple Labs' involvement in this investment highlights the potential and significance of Futureverse. These developments present an exciting vision for the future of artificial intelligence and metaverse technologies in the digital world. #Futureverse #XRP $XRP #Ripple's