Futureverse made an announcement today that the company had merged eight major Web3 companies into one company with the aim of creating an open metaverse system.
The main objective behind the collaboration is to provide the users with an updated and enhanced version of Web3 and an open metaverse and thereby create a single and better collaborative metaverse ecosystem.
According to the worlds of the co-founders of Futurverse Aaron McDonald and Shara Senderoff, the current version of Futureverse that we see today is the result of having and carrying out well-planned strategies, conducting in-depth research and development with the aim to create the foundations for an open and scalable metaverse, which provides the user with world-class contents for about five long years.
They also added that who would have thought that Metaverse would start in Auckland, New Zealand as the headquarters of the company is situated there? The co-founders shared their views about the company and their future projects in an interview with GamesBeat.
They also added that as the company has brought together eight other companies for the development of their new project, Futureverse was now a company with more than 300 people working full time, and that too, over 16 countries.
The company is also reported to have generated a significant amount in terms of revenue. In addition to McDonald and Senderoff, the company also has two more co-founders who are technologists Marco Brondani and financial leader Daniel Gillespie.
Looking at the world of Aaron McDonals, what the company needs to bring its dream work to customers with world-class quality is time. So, rather than concentrating on different aspects like marketing or customer acquisition, the major concern should be on building the infrastructure and that is a very time-consuming job.
Extreme caution should be put in while building the infrastructure as there is only one chance that they get and if they miss that single shot, that can affect the future of the company and the project very badly.
According to them, if the experience the users receive is not up to the standard or fails to impress them, then it is sure that they won’t be returning. As the main focus of the company is to bring people who have never been into Web3, the initial experience is crucial.
In order to ensure their return, they should have an extraordinary experience and it can only be done with time.
According to the words of the developers, the infrastructure is the most important factor in Metaverse. The infrastructure of the metaverse consists of four core tools or elements which are identity, artificial intelligence, communications, and payments.
All these elements will be vertically integrated through the help of The Root Network. The Root Network is a decentralized blockchain network that is optimized in order to enhance the experience of the user in the metaverse.
The co-founder of Futurverse Aaron McDonald had so much to share about their upcoming project. He mentioned the hard work that went into the development of the project for the past five years and according to his view, they do not need to evolve as one super app that will be controlled by a single company.
Futurverse is viewed as a seamless portal that facilitates access in and out of Metaverse and as one user joins in, then along with them, their respective finances, content, communications, and also their friends.
As for the contents of Metaverse, through a variety of projects and clearly planned out strategies, Futureverse has already succeeded in creating a rich cultural footprint in both Web3 space and beyond.
They have had partnerships with companies and personalities like FIFA, Warner Bros, Snoop Dogg, Keanu Reeves, and many more. Further announcements about the collaborations and projects are expected to be reloaded soon.
Must Read:- Superhero Trump NFT Collection Has Dropped: Is It Worth $99?
According to the leaders at Futureverse, the aim is to create a better and more evolved world by clubbing the technologies from different startups rather than using the same technology and building it over and over again.
As the concept of Metaverse is still under development, most people are unaware of the possibilities offered by it. Here are a few simple things that you can go through to get to know the world of the metaverse a bit more.
Metaverse is an innovation that is believed to be the next iteration of the internet. It can be described as a single, shared, and immersive virtual space where humans will be able to experience events in life as they cannot in the real world.
The concept of the metaverse had been under discussion for quite some time and there have been serious developments in tools that provide access to this virtual world.
Gadgets such as virtual reality headsets and augmented reality glasses are such crucial components of the metaverse and the research and developments in those gadgets, to make them more powerful and technologically advanced, are evolving very quickly.
Read More:- Is Your Hotspot Frequently Turning Off? 5 Easy Fixes
