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The popular metaverse platform 'Ready Player Me' has wrapped up a $56 million funding round, spearheaded by a16z.

ready player me metaverse
The visionary founders of Ready Player Me are highlighted. Source: RPM.

Ready Player Me (RPM), a metaverse This innovative platform for avatars that can be used across various games successfully attracted $56 million during a Series B funding round led by the renowned Andreessen Horowitz. a16z ). The company sees Interoperability is emphasized as a crucial element in the virtual landscape, enabling users to transfer their digital personas across multiple metaverses.

Ready Player Me’s mission is centered around enhancing the compatibility of virtual spaces and promoting open economic frameworks, something that includes developing a protocol that allows users' identities and digital assets to seamlessly transition into any 3D environment or metaverse experience.

Notable investors who participated in this funding round include David Baszucki, co-founder of Roblox; Justin Kan from Twitch; King’s co-founders Sebastian Knutsson and Riccardo Zacconi; alongside numerous other investors such as Collab Currency, Hartbeat Ventures led by Kevin Hart, Konvoy Ventures, Plural, Punk6529, and sports and entertainment firm Endeavor, along with the D’Amelio family. Roblox The RPM platform already supports over 3,000 games and applications, integrating with popular virtual environments like Spatial, Somnium Space, and VRChat. It has partnered with iconic brands including Adidas, Dior, New Balance, Pull&Bear, and Warner Bros.

RPM provides a customizable, plug-and-play experience for creating 3D avatars, facilitating the integration of more than five million avatars into a cross-platform gaming ecosystem. RTFKT According to the team, 'We're creating solutions for cross-game interactions in the metaverse, seeing that players dedicate substantial time to these virtual environments. The metaverse isn’t defined by a single app, game, or platform; rather, it represents a network of countless unique virtual realms. Hence, it’s logical for users to have customizable avatars to navigate across various digital worlds.'

With this new round of funding, Ready Player Me is poised to expand its avatar systems further, develop new monetization tools for developers, and create resources that enable creators to engage in the cross-game avatar marketplace.

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Timmu Tõke, CEO of Ready Player Me,  told  GamesBeat.

One individual has built a genuine 'Ready Player One' setup that surprisingly functions, at least to some extent.

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The metaverse platform known as Ready Player Me has successfully concluded a funding round, raising $56 million with the guidance of venture capital major a16z, as reported by Metaverse Post.

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