MetaZone secures funding to expand Metaverse, the world’s first tokenized app platform

(Press Release – Singapore, Singapore, May 30, 2023)

metazoan announced the completion of its US$3 million seed round led by Metaverse industry leaders, Fermion And cmt digital, to expand its tokenized app platform leading to META, (Metaverse Enabled Tokenized Application). Top Web3 funds Tess Ventures, IOSG Ventures, IVC (Infinity Ventures Crypto), Polygon Studios, MHC Digital and LuciW Ventures also participated in the round.

MetaZone is the first and only platform that enables creators and developers to create non-fungible tokens (NFTs) for functional 3D digital content and apps that can be distributed across the Metaverse. Using the MetaZone platform, each creator’s meta is assigned an NFT that represents its value, ownership and access rights. These NFTs can be purchased and used to install each app on a digital land where it can be used by the owner and visitors to that land.

Metazone is also focused on building a set of developer tools that will provide a standardized application-grade development framework that will enable creators to simultaneously produce, distribute, and host virtual content (METAs) across multiple virtual worlds, including Decentraland, Spatial, OnCyber, Vault are included. Hill City and The Otherside of Yuga’s Lab.

Andrew Steinwald of Sfermion believes “…supporting the development of Metaverse applications will drive the Web3 industry toward an inflection point, creating the value and engagement needed for Metaverse mass adoption and the resulting multi-trillion dollar virtual economy”.

Anything that any creator submits to the Metazone platform can be tokenized, purchased, and distributed through Metazone’s App Store. Metazone has simplified the content upload process to just a few clicks, allowing Metazone owners to install digital content directly onto their virtual lands in the Metaverse without the need 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 a 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 Metazone’s creators, representing the early stages of what Metazone envisions as a new digital economy that will rival the economic output of real-world nation-states. Many of Metazone’s creators have earned thousands of USD through the sale of their content, while many of the top creators have earned 6 figures in revenue.

Charlie Sander of 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 will depend on enabling creators and developers to generate content that is more impactful.” , functional and engaging to ensure that the Metaverse produces experiences and futuristic utilities that make it worth visiting.

The creators of MetaZone have already created Meta for games, vending machines, interactive music players, and even a decentralized exchange machine that allows users to swap cryptocurrency tokens within the Metaverse and users who own Meta. collect revenue from.

META can also enable businesses to distribute their brand presence to willing hosts, who can operate these applications on behalf of the original creators. The rise of this type of revenue-generating meta is creating a new economy that closely resembles real-world franchising. In addition, Meta has the ability to be embedded with customizable smart contract payment partitions that can facilitate multi-party incentive payment structures. For example, a simple vending machine that allows users to purchase wearable NFTs would pay for that metaverse to land space and multiple parties involved in the maintenance of the application. This opens up exciting new opportunities for businesses to expand their reach and revenue potential through distributed participation in the Metaverse, thus enabling the first businesses to own NFTs.

“We have already seen the tremendous value created from web2 metaverses such as Roblox and Minecraft when enabling user-generated content creation. Metazone is well positioned to bring and expand upon those models, ushering in a new open maker economy with direct applicability to all virtual worlds of the future. Tess Hou of Tess Ventures

Metazone CEO William Gomez Says that “the application layer will be the driving force behind the trillion dollar metaverse, providing the framework for pervasive experiences and services that will transform exciting economic activity into a virtual economy.”

As Metazone continues to expand into multiple metaverses and onboard more creators, the potential for the metaverse is limitless. META Creators’ success so far is only the beginning of the future of this emerging digital economy.

About Metazone

MetaZone’s mission is to harness the application layer of the Metaverse to onboard one billion citizens. Metazone is the first content distribution platform designed to facilitate the open digital economy. At its core, creators are able to submit Metaverse enabled tokenized applications (Meta), which can experience and deploy themselves in any virtual world. To learn more, visit metazone.io and join the community on Twitter @MetaZoneio