Ready Player Me metaverse expands with $13 million in funding

Ready Player Me, a metaverse gaming platform, has raised $13 million in Series A funding headed by Taavet+Sten, the co-founders of Wise and Teleport. In addition with participation from Tom Preston-Werner, the co-founder of GitHub, as well as Samsung Next, Konvoy Ventures, and Gmoney.

Ready Player Me

MetaNews.

The platform intends to utilize the capital to advance ambitions for avatar interoperability between metaverse worlds

Funds will help to advance the platform’s objectives for interoperability etween metaverse realms.¬†This project increases awareness that there are many digital dimensions. Rrather than one single model, a criticism frequently leveled at Meta, formerly known as Facebook. Amid concerns about the company’s intentions to dominate the metaverse.

Aside from that, Ready Player Me will also expand its workforce to over 70 employees. Moreover support its community of developers with the introduction of new application program interfaces and software development kits to enhance the product offering. Moreover in turn, the front-end user experience.

Over 1,000 companies currently use Ready Player Me’s avatar model

Over 1,000 companies and organizations use the Ready Player Me avatar model today, from Somnium Space to Verizon. In addition, the platform has also established collaborative partnerships with seasoned commercial brands. Such as Warner Brothers, Dior and New Balance, among others.

The team’s marketing manager said the team aims to “create the greatest avatar system for developers across the metaverse” in an official blog post. In the meantime CEO Timmu Tke said:

“With the capital, we’ll expand our partner network and develop monetization solutions for developers to enable them make money with avatar modification assets and NFTs,” says the company. Our ambition is to become the metaverse’s default system.”

Image credits: Shutterstock, CC images, Midjourney, Unsplash.

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