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The round witnessed major participation from 10T Holdings, LLC (\u201c10T\u201d) and Ripple, demonstrating a solid endorsement of Futureverse\u2019s forward-thinking vision.<\/p>\n<p>Futureverse was founded to empower developers and users to create and interact with interoperable content and applications in the metaverse. The company has already made significant progress towards this mission. The company has created AI-powered tools that improve music, objects, characters, and animations in the metaverse, enhancing the user experience.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>Futureverse combined 11 metaverse companies offering essential components for any metaverse app and creating a large community of digital collectibles.<\/p>\n<p>Another noteworthy achievement is Futureverse\u2019s foray into AI gaming, a completely new gaming frontier. In collaboration with FIFA, Futureverse launched \u201cAI League,\u201d an AI-powered consumer game available on iOS and Android. Another significant partnership with ABG, IP Rights holders of the Muhammad Ali Enterprises, led to the release of \u201cMuhammad Ali \u2013 The Next Legends,\u201d the first-ever AI-powered boxing game.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Investment Impact and Expansion Plans<\/strong><\/h2>\n<p>The fresh injection of funds from the Series A round will further develop Futureverse\u2019s comprehensive technology. This includes its Futureverse Platform featuring \u201cPowered By Futureverse\u201d tools and products and The Root Network, a blockchain suite with ready-made runtimes for building the next-generation metaverse apps, games, and experiences.<\/p>\n<p>Futureverse\u2019s partnership with Ripple led to The Root Network integrating with XRPL and supporting using XRP as a GAS token. The partnership also facilitates using the XLS-20 NFT standard, expanding the scope of Futureverse\u2019s capabilities.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" data-lazyloaded=\"1\" title=\"Screenshot-2023-07-18-at-151640 - NFT News Today\" decoding=\"async\" width=\"1024\" height=\"459\" src=\"https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-18-at-151640-1024x459.png\" alt=\"\" class=\"wp-image-73629\" srcset=\"https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-18-at-151640-1024x459.png 1024w, https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-18-at-151640-300x134.png 300w, https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-18-at-151640-768x344.png 768w, https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-18-at-151640-1536x688.png 1536w, https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-18-at-151640-2048x917.png 2048w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><figcaption class=\"wp-element-caption\">Source Futureverse<\/figcaption><\/figure>\n<\/div>\n<h2 class=\"wp-block-heading\"><strong>The Founders\u2019 Perspective and Strategic Partnerships<\/strong><\/h2>\n<p>The company\u2019s co-founders, metaverse pioneer Aaron McDonald, tech and entertainment investor\/operator Shara Senderoff, seasoned technology and information security expert Marco Brondani, and business operator Dan Gillespie are driven by the transformative potential of the metaverse.<\/p>\n<p>\u201cThe metaverse has the potential to transform the way humans engage and collaborate with one another and improve our experiences across a number of different spheres, including gaming, payments, asset management, and more,\u201d said Aaron McDonald and Shara Senderoff, Co-Founders of Futureverse.<\/p>\n<p>Futureverse\u2019s recent strategic partnership with Cool Cats, a blue-chip NFT collection, will integrate Cool Cats\u2019 iconic brand with Futureverse\u2019s cutting-edge technology. This alliance will usher Cool Cats NFT holders into the Futureverse ecosystem.<\/p>\n<p>Over the last year, Futureverse has secured global strategic partnerships with renowned organizations, including FIFA, Authentic Brands Group (ABG), Mastercard, Wimbledon, Death Row Records, W\u0113t\u0101 Workshop, Snoop Dogg, Timbaland, Keanu Reeves, and Alexandra Grant.<\/p>\n<p>Supporting this vision, Dan Tapiero, Chief Executive Officer and Chief Investment Officer of 10T, said, \u201cWe look forward to supporting Aaron and his experienced team as they continue to achieve significant real-world commercial traction and scale Futureverse\u2019s capabilities and offerings.\u201d<\/p>\n<h2 class=\"wp-block-heading\">Final Thoughts<\/h2>\n<p>The successful closure of Futureverse\u2019s $54 million Series A funding round underlines the company\u2019s future-focused commitment to revolutionize AI gaming and the metaverse. Their vision, coupled with robust technological infrastructure and strategic alliances, sets the stage for an exciting journey ahead. As Futureverse continues to leverage AI and blockchain technology, we can anticipate a transformative impact on human engagement and collaboration across various domains, from gaming to asset management.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/nftnewstoday.com\/2023\/07\/19\/futureverse-bags-54m-eyeing-metaverse-ai-expansion\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=futureverse-bags-54m-eyeing-metaverse-ai-expansion\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Futureverse has announced the successful closure of a $54 million Series A funding round today. The round witnessed major participation from 10T Holdings, LLC (\u201c10T\u201d) and Ripple, demonstrating a solid endorsement of Futureverse\u2019s forward-thinking vision. Futureverse was founded to empower developers and users to create and interact with interoperable content and applications in the metaverse. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":69532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/FutureVerse.png","fifu_image_alt":"","footnotes":""},"categories":[681],"tags":[],"class_list":["post-69531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Futureverse Bags $54M, Eyeing Metaverse &amp; AI Expansion - Gaming News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pley2win.com\/?p=69531\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Futureverse Bags $54M, Eyeing Metaverse &amp; AI Expansion - Gaming News\" \/>\n<meta property=\"og:description\" content=\"Futureverse has announced the successful closure of a $54 million Series A funding round today. The round witnessed major participation from 10T Holdings, LLC (\u201c10T\u201d) and Ripple, demonstrating a solid endorsement of Futureverse\u2019s forward-thinking vision. Futureverse was founded to empower developers and users to create and interact with interoperable content and applications in the metaverse. 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The round witnessed major participation from 10T Holdings, LLC (\u201c10T\u201d) and Ripple, demonstrating a solid endorsement of Futureverse\u2019s forward-thinking vision. Futureverse was founded to empower developers and users to create and interact with interoperable content and applications in the metaverse. 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