Press release. Realm, a new NXT microverse platform, closed its first investment round at $ 2.25M with strategic investments from other funds, including NGC, Genesys Block Ventures, LD Capital, Moonrock, and SL2, led by Alphabit.
Realm aims to challenge existing NFT platforms by offering creators and players an individual metaverse, aptly called “microverse”. Each microverse, known as a realm, will come with an original genetically coded blockchain avatar. The NXT platform integrates OpenC’s vast NXT marketplace, and has partnered with Reef Chain to harness the power of the Substrate and Polkadot frameworks to ensure cross-chain compatibility.
“We are working on how Metaverse will blur the lines between digital and virtual realities for six months. We are excited to have some world-class investors on board, which aligns with our vision to make everyone a master of their own, said Matthew Larby, CEO and founder of Realm.
“Alphabit has made a seed stage investment in this innovative NXT project, which marries AR and VR to truly liven up the world of digital collectibles. It really captures the imagination of what the future looks like, the new Metaverse Is making a way in, ”said Liam Robertson, CEO of Alphabit.
Realm has developed a wide range of smart objects to use to develop the team, accelerate the development of simple creator tools that democratize creation, and for artists to express themselves in virtual space. Planned to build. Users of Realm will be able to use the platform in a range of different mediums, including using the AR functionality on the phone to enter their microverse via the “Magic Window” AR technology, which is designed by the Realm team.
Microverse denizens are welcome to sign up for early access to claim their “scope”, which is scheduled to begin during the third quarter of 2021.
The Realm is a community-driven open-source project to build personal metaverse. Realm allows creators to combine music, art and games to create an entire field and mold it as an ERC-1155. Discover art galleries for underwater auctions in space through augmented reality portals, and collect pets with cross-chain genetics.
media Contact: Cassie DoubleDay / [email protected]
place: United Kingdom
This is a press release. Readers should do their due diligence before taking any action related to the promoted company or any of its affiliates or services. Bitcoin.com is not directly or indirectly responsible for any damage or loss caused or alleged to be caused by the use or reliance of any content, goods or services mentioned in the press release.
Image credit: Shutterstock, Pixabay, Vicky Commons