AI-Based Metaverse Company Social Future Secures $6 Million

By Annie Baker • Apr 11, 2023

Social Future – an AI-driven social metaverse company – announced that it has successfully raised $6 million in funding. Founded by a group of technologists, artists, and game builders, SocialFuture is backed by top crypto investors including SNZ, Everest Venture Group, Folius Ventures, Y2Z Ventures, Mask Network, Tess Ventures, Stratified Capital, Mindfulness Capital and strategic funds backed by public companies.

Social Future is also a member of OMA3 (Open Metaverse Alliance) and partners with well-known metaverse companies such as Animoca Brands, Decentraland, and Metajuice. Social Future aims to create the future 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 enables 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 are able to create NFT spaces where avatars and communities reside. And 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. And TEB launched just 2 months ago and has already amassed a vibrant community of over 30,000 members. Plus TEB has also launched a series of leisure games, which have been played over 200,000 times along with a game prop market.

Since the official launch in January 2023, Social Future has grown its user base to more than 100,000 users from North America and enrolled over 20,000 unique active wallets (UAW) per week. And 70% of its users are crypto-native, and an MPC wallet will soon be launched to seamlessly bridge Web2 users, enabling them to enjoy the Web3 benefits of ownership protection for their social content. Plus the upcoming generative AI features will further unleash users’ creativity by enabling them to generate their own digital assets in seconds.

KEY QUOTE:

“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.”

— Vance, founder of Social Future