In General XR News
April 14, 2023 – Social Future, an AI-driven social metaverse company, has recently announced that it has successfully raised USD $6 million in funding. Social Future’s aim is to create the future of social experience with phygital interaction, immersive content, and self-sovereign communities.
Social Future’s product, MAY (“Meet Another You”), enables immersive social experiences via personalized avatars. Built with blockchain and AI, MAY allows users to generate ownable 3D virtual worlds where avatars convey real-time expressions and voices, according to the company. These interconnected worlds eventually become an open metaverse for socializing and playing, and with one click, users can create NFT spaces where avatars and communities reside. MAY enhances its experiences with AI companions and AI features across its 3D spaces, and also enables asset ownership.
Social Future’s original IP, ThreeEarsBunny (TEB), will be integrated into MAY as a fun-filled theme park with a collection of NFT-based games. Having launched just two months ago, Social Future stated that TEB has already amassed a community of over 30,000 members, as well as launched a series of leisure games, which have been played more than 200,000 times, according to the company.
Social Future added that since its official launch in January 2023, the company has grown its user base to over 100,000 users from North America and enrolled more than 20,000 unique active wallets (UAW) per week. Seventy percent of its users are crypto-native, and an MPC wallet will soon be launched to seamlessly bridge Web2 users, allowing them to enjoy the Web3 benefits of ownership protection for their social content. Furthermore, the company noted that upcoming generative AI features will allow users to generate their own digital assets in seconds.
Vance Gong, founder of Social Future, commented: “Our vision is to connect people with emotions through AI-driven creations and interactions in 3D communities. We believe that MAY will transform the way people connect and interact with each other, and we look forward to bringing this vision to life.”
Founded by technologists, artists, and game builders, SocialFuture is backed by crypto investors including SNZ, Everest Venture Group, Folius Ventures, Y2Z Ventures, Mask Network, Tess Ventures, Stratified Capital, Mindfulness Capital and strategic funds backed by public companies. Social Future is also a member of OMA3 (Open Metaverse Alliance), and partners with well-known metaverse companies such as Animoca Brands, Decentraland, and Metajuice.
For more information on Social Future’s MAY social metaverse platform, click here.
Image credit: Social Future
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Sam is the Founder and Managing Editor of Auganix. With a background in research and report writing, he has been covering XR industry news for the past seven years.