Social Future secures $6M funding to create the next-gen social platform with AI-driven metaverse experiences

Social Future, an AI-driven social metaverse company, has raised $6 million in funding to create a new kind of social experience. The company is backed by top crypto investors including SNZ, Everest Venture Group, Folius Ventures, Y2Z Ventures, Mask Network, Tess Ventures, Stratified Capital, and Mindfulness Capital, as well as strategic funds backed by public companies.

Social Future is a member of the Open Metaverse Alliance (OMA3) and partners with well-known metaverse companies such as Animoca Brands, Decentraland, and Metajuice. The company aims to create a new kind of social experience with phygital interaction, immersive content, and self-sovereign communities.

Social Future’s product, MAY (“Meet Another You”), enables immersive social experiences via personalized avatars. Built with blockchain and AI, MAY allows users to generate ownable 3D virtual worlds where avatars convey real-time expressions and voices. Interconnected worlds eventually become an open metaverse for socializing and playing.

With one click, users can create NFT spaces where avatars and communities reside. MAY enhances experiences with AI companions and AI features in 3D spaces, enabling asset ownership. This flywheel of AI creations, immersive interactions, and asset ownership makes MAY a next-gen social platform.

Social Future’s original IP, ThreeEarsBunny (TEB), will be integrated into MAY as a fun-filled theme park with a collection of NFT-based games. TEB has already amassed a vibrant community of over 30,000 members since its launch just two months ago. TEB has also launched a series of leisure games, which have been played more than 200,000 times, as well as a game prop market.

Social Future has achieved remarkable growth since its launch in January 2023, attracting over 100,000 users from North America and registering more than 20,000 unique active wallets (UAW) every week. The majority of its users, 70%, are crypto-native, and the company is set to launch an MPC wallet that will enable Web2 users to access the benefits of Web3 ownership protection for their social content.

Additionally, Social Future is preparing to roll out generative AI features that will empower users to create their own digital assets quickly and easily.

Vance, founder of Social Future, said: “Our vision is to connect people with emotions through AI-driven creations and interactions in 3D communities. We believe that MAY will transform the way people connect and interact with each other, and we look forward to bringing this vision to life.”

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• Source: https://alexablockchain.com/social-future-secures-6m-funding/