In the dynamic world of Web3 gaming, Ultiverse, a Singapore-based startup, has secured $4 million in a private token sale led by IDG Capital. This strategic funding round, which also saw participation from Animoca Brands and Polygon Ventures, propels Ultiverse’s valuation to a staggering $150 million.
Ultiverse’s Ambitious Vision
Ultiverse is on a mission to build an intuitive platform for AI-driven Web3 games, aiming to revolutionize the gaming industry. The company plans to launch Ulti Pilot, an immersive portal powered by AI, as part of its broader strategy to create an ecosystem for Web3 game development and publishing.
The platform’s unique selling proposition lies in its integration of AI and blockchain technology to achieve gaming interoperability. This fusion promises to deliver a seamless and engaging gaming experience for users.
Leveraging AI for Web3 Game Production
Ultiverse is harnessing the power of AI to train in-game non-player characters (NPCs) and reduce production time and costs. This innovative approach has already yielded impressive results, with the company publishing three games that have attracted 7.3 million registered users.
Ultiverse’s commitment to making Web3 gaming accessible extends beyond its technological advancements. The platform has implemented seamless wallet integration, enabling non-crypto users to engage with its offerings with ease.
A Growing Community and Exciting Future
With an average of 830,000 monthly active users, Ultiverse boasts a thriving community of gamers. The company has already launched its genesis NFT, Electrisheep, and released Terminus PC and Vision Pro versions on Steam, both featuring AI-powered NPCs.
Looking ahead, Ultiverse plans to launch the Gaming Launchpad, Restake Rollup, and additional dApps. These developments are poised to further solidify the platform’s position as a leader in the Web3 gaming space.
As Ultiverse continues to innovate and expand, it is well on its way to converting many of its 7.3 million registered users to Web3 gaming, shaping the future of the industry in the process.
Key Points:
- Ultiverse raises $4 million in private token sale, led by IDG Capital
- The company’s valuation reaches $150 million
- Ultiverse aims to build an ecosystem for Web3 game development and publishing
- AI-powered NPCs and seamless wallet integration set Ultiverse apart
- With 7.3 million registered users, Ultiverse is poised for continued growth in the Web3 gaming space
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