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Social Future Secures $6M to Build AI-Driven Virtual Social Platform

April 8, 2023
in Metaverse
Reading Time: 2 mins read
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Social Future Secures $6M to Build AI-Driven Virtual Social Platform

Revealed: 7 April 2023, 3:00 pm Up to date: 07 Apr 2023, 3:00 pm

Social metaverse firm Social Future has raised $6 million in a funding spherical joined by crypto traders, together with SNZ, Everest Enterprise Group, Folius Ventures, Y2Z Ventures, Masks Community, Tess Ventures, Stratified Capital, and Mindfulness Capital.

The corporate is a member of OMA3 (Open Metaverse Alliance), which gathers well-known web3 and metaverse corporations, together with manufacturers like Animoca Manufacturers and Decentraland. Social Future’s aim is to form the way forward for social experiences by incorporating phygital interplay, immersive content material, and self-sovereign communities.

Social Future is constructing its flagship product, MAY (“Meet One other You”). Constructed with AI and on the blockchain, MAY permits customers to generate ownable 3D digital worlds the place expressions and voices are conveyed in real-time through avatars. These digital worlds are interconnected and might finally turn into an open metaverse for socializing and enjoying.

With only one click on, customers can create NFT areas the place avatars and communities reside. Social Future claims that MAY enhances metaverse experiences with AI companions and AI options in 3D areas, enabling 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. Launched two months in the past, TEB has already amassed a group of 30,000 members. 

Since formally launching in January, Social Future claims to have grown its person base to over 100,000 customers from North America and enrolled greater than 20,000 distinctive lively wallets (UAW) per week. Seventy % of its customers are crypto-native, and an MPC pockets is on the horizon to bridge Web2 customers to the advantages of web3, like possession of their social content material. Customers can generate their very own digital belongings with upcoming generative AI options on their platform.

“Our imaginative and prescient is to attach individuals with feelings by AI-driven creations and interactions in 3D communities. We consider that MAY will rework the way in which individuals join and work together with one another, and we look ahead to bringing this imaginative and prescient to life,” Vance Gong, founding father of Social Future, stated in a press release.

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