Social Future Raises $6 Million to Develop an AI-Powered Virtual Social Platform
In Brief
A variety of crypto investment groups joined the funding round, such as SNZ, Everest Venture Group, Folius Ventures, and Y2Z Ventures.
Social Future proudly stands as a member of OMA3, or the Open Metaverse Alliance.
The flagship offering from Social Future, known as MAY (short for Meet Another You), empowers users to create customizable and ownable 3D virtual environments.
The social metaverse firm Social Future has successfully attracted $6 million in a funding initiative that included participation from notable crypto investors such as SNZ, Everest Venture Group, Folius Ventures, Y2Z Ventures, Mask Network, and several others.
The company is affiliated with the OMA3 (Open Metaverse Alliance), a collective of respected web3 and metaverse businesses that includes renowned names like Animoca Brands and Decentraland. Social Future aims to redefine social interactions by fostering hybrid digital-physical experiences, rich immersive content, and independently governed communities.
Currently, Social Future is advancing its key product, MAY (Meet Another You), which harnesses AI and blockchain technology to enable users to craft 3D virtual spaces that reflect their personalities, with real-time voice and expression conveyed through avatars. These digital realms will link together, progressively creating an open metaverse for social engagement and gaming.
With the click of a button, users can establish NFT-themed locations where their avatars and communities can thrive. Social Future asserts that MAY significantly enhances users' metaverse experiences through AI companions and features in 3D environments, allowing for the genuine ownership of virtual assets.
Social Future’s original IP, ThreeEarsBunny The TEB initiative is set to be integrated within MAY, providing an entertaining theme park filled with NFT-based gaming experiences. Launched just two months ago, TEB has already attracted a thriving community of 30,000 members.
Since its official launch in January, Social Future has reportedly expanded its user community to over 100,000 individuals from North America, registering more than 20,000 unique active wallets weekly. Notably, a significant 70% of its users are well-versed in cryptocurrency, and an MPC wallet is being developed to connect Web2 users to the advantages of web3, such as the ownership of their social content. Upcoming generative AI enhancements will allow users to create unique digital assets directly on the platform.
Vance Gong, the founder of Social Future, expressed, 'Our aspiration is to forge meaningful connections between individuals through AI-driven creativity and interactions in immersive 3D communities. We envision that MAY will revolutionize social connections and interactions, and we eagerly anticipate making this vision a reality.'
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