Futureverse, the leading company in Metaverse and artificial intelligence technologies, announced that it has successfully completed the $ 54 million Series A funding round led by 10T Holdings and Ripple.
Futureverse announced today that it has successfully closed its $54 million Series A funding round. This round provided strong support for Futureverse's forward-thinking vision with participation from major investors such as 10T Holdings, LLC ("10T") and #Ripple .
Futureverse was founded to empower the creation and interaction of collaborative content and applications between developers and users. The company has made significant progress in line with this mission. By creating AI-powered tools, #metaverse develops music, objects, characters and animations and improves the user experience.
Futureverse represents the amalgamation of 11 metaverses, providing core components to the metaverse through partnerships with various companies, creating a vast community of digital collectibles.
Another notable success of Futureverse is that it has stepped into the field of AI games. Futureverse has partnered with FIFA to launch “AI League,” an AI-powered consumer game available on iOS and Android. Additionally, a key partnership with Muhammad Ali Enterprises has led to the release of the first AI-powered boxing game.
Resources from this new funding round will further develop Futureverse's comprehensive technology. The Futureverse Platform includes "Powered By Futureverse" tools and products, while the blockchain package called The Root Network will provide the opportunity to create next-generation meta applications and games with ready-made runtimes.
Futureverse's partnership with Ripple supports XRPL integration and the use of #XRP as a GAS token. Additionally, this partnership will expand Futureverse's capabilities, making it easier to use the XLS-20 #NFTs standard.
Futureverse co-founders Aaron McDonald, Shara Senderoff, Marco Brondani, and Dan Gillespie emphasize that the metaverse is transforming the way people interact and collaborate. The company's latest strategic partnership involves the combination of a blue chip NFT collectible called Cool Cats with Futureverse's cutting-edge technology. Thanks to this partnership, Cool Cats NFT holders will be directed to the Futureverse ecosystem.
Over the past year, Futureverse has collaborated with many notable brands and individuals, including FIFA, Mastercard, Snoop Dogg, Keanu Reeves and Alexandra Grant. 10T Chief Executive Officer and Chief Investment Officer Dan Tapiero stated that they are excited to support Aaron and his experienced team as they continue to continually expand Futureverse's capabilities and offerings.
