In General XR News
July 25, 2023 – Utherverse, a metaverse platform that enables developers to build interconnected virtual worlds, provides hyper-realistic immersive experiences for consumers, and opportunities for companies to monetize their products and services, has announced that it will launch a closed beta of the next generation version of its platform.
Launching on September 26, 2023, the closed beta will provide a preview of the platform’s Web3 capabilities as well as test and continue the final build-out of the next generation of the Utherverse platform.
According to Utherverse, the closed beta will enable users to claim their usernames and begin to experience the Web3 version of the platform. Users will have various entertainment and social options, such as an outdoor concert arena, rooftop dance clubs with live DJs, film and movie screenings, influencer broadcast studios with live audiences, shopping and art galleries and more. In addition, users will be able to interact with each other in a variety of settings, as well as buy and sell virtual goods and participate in other e-commerce opportunities.
Utherverse VIP legacy users who already have their usernames will be given automatic access to the closed beta. Trunk holders who have already purchased functional NFTs (fNFTs) will then be given priority access, followed by users who have joined the whitelist, which is available for sign-up on Discord here.
The closed beta will also kick-off a month-long virtual celebration that will include entertainment events, shopping, networking and other business-to-consumer and business-to-business experiences. This will include a portion of the sixth annual Virtual Con, a completely virtual Web3 trade show with exhibitors, speakers and panel discussions.
“This is going to be a hallmark year for Utherverse as we roll out the next generation of what is already the largest metaverse platform in the world,” said Brian Shuster, founder and CEO of Utherverse. “Hyper-realistic immersive experiences will engage consumers and our technology backbone will create unprecedented opportunities for brands, entertainment providers, retailers and companies in many different industries.”
The announcement comes several months after Utherverse offered the first and second pre-sale rounds of the Uther Coin (UTHX) through Nexus Ecosystems as part of the token’s initial decentralized offering (IDO). The Uther Coin will be the in-house currency for all metaverses on the Utherverse platform.
According to the company, Utherverse generates revenue from custom metaverse building services, sales of NFTs and a variety of business verticals including advertising/marketing, shopping/retail, conferences/conventions, education, dating, lifestyle, entertainment events/performances, VIP experiences and virtual offices. The Utherverse platform was launched in 2005 and the company claims it has served over 50 million users, and facilitated more than 32 billion virtual commerce transactions.
For more information on Utherverse and its Web3 capable metaverse platform, please visit the company’s website.
Image credit: Utherverse
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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.