Ultiverse Raises $4 Million in Strategic Round Led by IDG Capital
Singapore-based Ultiverse, an AI-powered platform for Web3 gaming production and publishing, has successfully raised $4 million in a strategic funding round. The round was led by IDG Capital, with participation from Animoca Brands, Polygon Ventures, MorningStar Ventures, and others.
The funding will enable Ultiverse to accelerate its vision of creating an intuitive AI-powered platform for the development of Web3 games. The company aims to provide accessible tools and immersive experiences to nurture the next generation of AI-driven web games.
Ulti-Pilot: The Gateway to Web3 Gaming Experiences
Ultiverse is set to launch Ulti-Pilot, an immersive portal to a diverse range of gaming experiences powered by AI. This development is a significant step towards achieving gaming interoperability through the integration of AI and blockchain technologies.
In addition to Ulti-Pilot, Ultiverse has plans to release Gaming Launchpad, Restake Rollup, and various decentralized applications (dapps) in the future.
Major Milestones Achieved by Ultiverse
- Launched the genesis NFT called Electrisheep, which has a floor price of 2 ETH and a market cap of $30 million.
- Introduced the Ultiverse Main World, marking the official opening of the Ultiverse World Book, supported by AI.
- Released Terminus PC and Vision Pro versions on Steam, featuring AI-powered Non-Player Characters (NPCs).
- Launched three dapps: Meta Merge, Terminus City, and CricketFly.
About Ultiverse
Founded in 2022 by Frank Ma, Jimmy Liu, and Joe Chou, Ultiverse is an AI-powered platform for Web3 gaming production and publishing. With over 7.3 million registered users and more than 830,000 monthly active users globally, Ultiverse aims to drive the mass adoption of AI-enhanced Web3 games. The company has received investments from major players in the industry, including Binance Labs and Sequoia.
For more information about Ultiverse, visit https://www.ultiverse.io/.
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