Singapore, Singapore, May 30, 2023, Chainwire
MetaZone today announced the completion of its US$3 million seed round co-led by metaverse industry leaders, Sfermion And Digital CMT, to expand their pioneering Metaverse Enabled Tokenized Application (META) tokenized application platform. The best web3 funds Tess Ventures, IOSG Ventures,IVC (Infinity Ventures Crypto), Polygon Studios, Digital CMHAnd LucidBlue Ventures also participated in the tour.
MetaZone is the first and only platform that allows creators and developers to create non-fungible tokens (NFTs) for working 3D digital content and apps that can be distributed in the metaverse. Using the MetaZone platform, each creator’s META is assigned an NFT that represents their value, ownership, and access rights. These NFTs can be purchased and used to install each application on a digital lot where it can be used by the owner and visitors of that lot.
MetaZone is also focused on creating a set of developer tools that will provide standardized application-level development frameworks that will allow creators to produce, distribute, and host virtual content (META) across multiple virtual worlds simultaneously. , including Decentraland, Spatial, OnCyber, City’s Vault Hill The Otherside, and Yuga Lab.
Sfermion’s Andrew Steinwold believes that “…supporting the development of metaverse applications will bring the web3 industry to an inflection point, creating the value and engagement necessary for mass adoption of the metaverse and the multi-trillion virtual economy resulting dollars”.
Anything a creator submits to the MetaZone platform can be tokenized, purchased, and distributed through the MetaZone App Store. MetaZone has simplified the content upload process to just a few clicks, allowing META owners to directly install digital content on their virtual lands through the metaverse without having to deal with cumbersome files and content deployment learning curves. . MetaZone already has more active creators than Facebook’s Metaverse.
MetaZone is at the forefront of revolutionary change, opening up new revenue streams for developers and creators through the distribution of their content across the metaverse. To date, US$2.5 million has been generated by the creators of MetaZone, representing what MetaZone envisions as the first steps of a new digital economy that will rival the economic outcomes of real-world nation states. . Many MetaZone creators have generated thousands of dollars from the sale of their content, while several top creators have generated 6 figures in revenue.
Charlie Sandor from CMT Digital explains “The metaverse has the potential to usher in a new era of economic opportunity for a wide variety of participants. However, one aspect of its success lies in enabling creators and developers to generate more impactful, functional, and engaging content to ensure that the Metaverse produces experiences and future utilities that are worth visiting.
The creators of MetaZone have already created METAs for games, vending machines, interactive music players, and even decentralized exchange machines that allow users to trade cryptocurrency tokens from the metaverse and owners META to collect revenue from users.
METAs can also allow companies to distribute their brand presence to willing hosts, who can operate these applications on behalf of the original creators. The rise of these revenue-generating METAs is creating a new economy that resembles the franchise in the real world. Additionally, METAs have the ability to be integrated with customizable smart contract payment splits that can facilitate multi-party incentive payment structures. For example, a simple vending machine that allows users to purchase a portable NFT will pay multiple parties involved in maintaining that location and metaverse application. This opens up exciting new opportunities for companies to expand their reach and revenue potential through distributed partnerships in the metaverse, enabling the very first companies to become NFTs.
“We have already seen the enormous value created by Web2 metaverses such as Roblox and Minecraft when creating user-generated content. MetaZone is well positioned to introduce and grow these models, ushering in a new open creator economy with direct applicability to all virtual worlds of the future,” says Tess Hau of Tess Ventures
MetaZone CEO William Gomez adds that “the application layer will be the driving force behind the trillion-dollar metaverse, providing the framework for a vast array of immersive experiences and services that will transform exciting economic activity into a virtual economy.”
As MetaZone continues to expand into more metaverses and onboard more creators, the potential of the metaverse is limitless. The success of META’s creators so far is just the beginning of what the future holds for this emerging digital economy.
MetaZone’s mission is to leverage the application layer of the metaverse to integrate one billion citizens. MetaZone is the first content distribution platform designed to facilitate the open digital economy. Basically, creators are allowed to submit tokenized metaverse applications (META) that anyone can own, experience, and deploy in any virtual world. To learn more, visit metazone.io and join the community on Twitter @MetaZoneio
CEO & Cofounder