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Futureverse, an AI and metaverse know-how and content material firm, and Web3 enterprise platform Outlier Ventures, have partnered to launch The Futureverse Base Camp Accelerator Program.
This system will obtain funding from Born Prepared, a enterprise fund and studio created by the co-founders of Futureverse. The accelerator program will choose a cohort of promising early-stage startups constructing on The Root Community, a public decentralized blockchain and suite of protocols for metaverse apps and experiences.
The Futureverse Base Camp Accelerator can be on the lookout for groups specializing in constructing out extra infrastructure for The Root Community in addition to purposes on prime of it. Chosen groups within the 12-week accelerator program starting January 2024 will obtain as much as $100,000 in funding and mentorship from Outlier Enterprise and Futureverse’s in-house staff of specialists and mentors on their product roadmap, neighborhood constructing, entity structuring, strategic partnerships and extra.
Futureverse and Outlier Ventures will present help tailor-made to every startup’s wants throughout totally different web3 applied sciences together with protocol infrastructure that drives adoption, new consumer-facing video games and experiences constructed utilizing The Root Community together with creating utility for present content material and protocols.
This system can even give attention to supporting groups utilizing web3 know-how to spice up present experiences in the actual world and use circumstances that drive XRP liquidity such because the tokenization of bodily belongings. Futureverse beforehand partnered with Ripple to combine The Root Community with XRP Ledger (XRPL), and to help the usage of XRP as a GAS token and XLS-20 NFT normal
Commenting on right now’s announcement, Jamie Burke, founder and CEO of Outlier Ventures mentioned: “From the early levels of working with them, we now have invested in a number of layers of their stack and IP, as they concurrently partnered with a rising variety of portfolio corporations popping out of our accelerator, deepening the partnership at every stage. We at the moment are thrilled to run a devoted accelerator with Futureverse to onboard extra founders and creators into their ecosystem.”
This information comes after Futureverse introduced on Jul 18 the shut of its $54 million Collection A spherical led by 10T Holdings, with participation from Ripple, which coincided with Ripple’s partial win in its authorized dispute with the SEC simply days prior.
The corporate’s know-how platform features a complete set of distinctive AI content material technology instruments designed to reinforce the weather that represent the metaverse: music, objects, characters, and animations. Via the consolidation of 11 metaverse infrastructures and content material corporations into one collaborative ecosystem, Futureverse goals to ship the important constructing blocks needed for the creation of assorted metaverse purposes.
Over the previous 12 months, Futureverse has partnered with world-famous manufacturers and public figures together with FIFA, Mastercard, Dying Row Information, Wētā Workshop, Snoop Dogg, Timbaland, Keanu Reeves and Alexandra Grant. Futureverse additionally lately partnered with NFT model Cool Cats to create AI choices for the neighborhood.
Functions for the Futureverse Base Camp open right now and can shut early December 2023. Builders serious about taking part in this system can apply right here.
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