Futureverse, a leader in AI and metaverse technologies, and Animoca Brands, a company focused on digital property rights and blockchain-based products, have entered into a strategic partnership. This collaboration aims to enhance the capabilities of Futureverse’s metaverse technology stack by leveraging Animoca Brands’ extensive ecosystem, which includes over 400 Web3 projects. The partnership involves a mutual investment through an equity swap valued at $5 million. Both companies will work together to grow the Futureverse Platform and its generative AI technology, integrating it across Animoca Brands’ portfolio.
The partnership also focuses on accelerating the growth of the Futureverse token ecosystem, which includes The Root Network’s ROOT token, the ASTO token for AI protocols, and the SYLO token for communication and social graph protocols. Futureverse’s technology stack combines the accessibility of Web2 with the interoperability of Web3, featuring tools like a digital passport, dynamic object transfer, and generative AI assets. This collaboration is expected to drive innovation and expand the reach of both companies in the open metaverse.
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