Sfermion is a metaverse-native firm investing in esoteric digital assets.

Sfermion

Big Brain Holdings is Focused on Investing in Solana projects that have strong potential.

Big Brain Holdings

GSR has nine years of deep crypto market expertise as a market maker, ecosystem partner and active, multi-stage investor. GSR sources and provides spot and non-linear liquidity in digital assets for token issuers, institutional investors, miners, and leading cryptocurrency exchanges. GSR employs over 300 people around the globe, and its trading technology is connected to 60 trading venues, including the world's leading DEXs.  We have a culture of approaching complex problems with tenacity and imagination. We build long-term relationships by offering exceptional service, expertise and trading capabilities tailored to the specific needs of our clients.

Collab+Currency is a venture fund that focuses on crypto-focused companies. The company provides early-stage initiatives advancing consumer and cultural technology. Additionally, it provides resourceful founders with the vision to influence the social order.

Collab+Currency

Compute Ventures is a venture capital firm.

Compute Ventures

Metavest Capital is a blockchain VC firm, focused on Metaverse and NFT gaming projects.

Metavest Capital

Builder Capital

32-Bit Ventures supports blockchain game development through early stage investment.

32bit Ventures

LIF focuses on early-stage Web3.0 investment, and incubates exciting blockchain projects with leading engineers.

Spirit Dao is a comic and transformative way to engage with the world of Azuki. DAO comic is a beacon of what can be accomplished when an enthusiastic community bands together. It underscores our commitment to nurturing creativity, advancing collectability, and delivering captivating experiences.

Spirit Dao

Today

Today is a Web3 social simulation game, offering interactions with GenAI backed NPCs, and no-code tools for virtual world development.

Today is a Web3 social metaverse where players can create virtual islands and in-game assets via no-code tools and interact with GenAI-powered non-player characters (NPCs) called "Residents." The company allows users to care for these Residents, drawing inspiration from social simulation games such as The Sims and Animal Crossing. In <a href="https://sp-edge.com/updates/29881">May 2024</a>, the company launched Dreamia, which utilizes AI to facilitate realistic non-player characters (NPCs) that provide interactive responses shaped by the player's actions. Key features include deep personalities for NPCs, contextual awareness, sustained memory, emotional intelligence, and procedural animation.&nbsp;

Metaverse Experience Platforms

Today is a Web3 social metaverse where players can create virtual islands and in-game assets via no-code tools and interact with GenAI-powered non-player characters (NPCs) called "Residents." The company allows users to care for these Residents, drawing inspiration from social simulation games such as The Sims and Animal Crossing.

A decentralized version of the web powered by the blockchain

Web3 Ecosystem

Today is a Web3 social metaverse where players can create virtual islands and in-game assets via no-code tools and interact with GenAI-powered non-player characters (NPCs) called "Residents." The company allows users to care for these Residents, drawing inspiration from social simulation games such as The Sims and Animal Crossing. In <a href="https://sp-edge.com/updates/29881">May 2024</a>, the company launched Dreamia, which utilizes AI to facilitate realistic non-player characters (NPCs) that provide interactive responses shaped by the player's actions. Key features include deep personalities for NPCs, contextual awareness, sustained memory, emotional intelligence, and procedural animation.&nbsp;Users were aimed to have ownership of all content created on the platform, although the company was yet to disclose details of the functioning of its in-game economy (April 2024). Additionally, Today sought to deliver exclusive content to players via NFTs, allowing users to craft virtual worlds. The rarity of these NFTs would affect the island's appearance, residents' characteristics, and access to upcoming collaborations, rewards, and special items.The company aimed to launch its platform in alpha by early 2025, with regular playtests scheduled via its Discord channel until that time.&nbsp;Funding and financialsIn April 2024, the company raised USD 5 million in a seed funding round led by Sfermion and Big Brain. The funds were earmarked to bolster the game's GenAI non-player characters (NPCs) and no-code creation tools.

Gather is a virtual space with web-based video calling capabilities, combined with a 2D pixel art-based map and characters that allow individuals to carry out natural conversations in a multitude of settings (office, university, etc.). The company was a part of the Y Combinator Summer 2019 cohort. The platform also offers private virtual meeting spaces with chat, whiteboards, document, and screen sharing features. Further, Gather also offers integrations with other enterprise applications, such as Slack, Google Calendar, and Google Docs. The company claims to have superior compatibility with spatial technology due to its natively built video conferencing system.It operates with a freemium subscription model that is free for up to 10 users, with paid plans starting at USD 7 per month for up to 500 people. The company also generates revenue for virtual conferences (free for up to 10 users), with paid plans starting at USD 3 per user per day.The company has a long-term vision for the metaverse to freely make work and educational opportunities available worldwide. In line with its vision, Gather has hosted over 20,000 virtual professional events, including academic conferences, job fairs, and professional societies (November 2021).Key customer and partnershipsAs of January 2024, the platform was used by over 1,000 teams, including notable enterprises, such as Y Combinator, Yelp, and Notion.Funding and financialsGather raised USD 50 million in a Series B funding round co-led by Sequoia Capital and Index Ventures in <a href="https://sp-edge.com/updates/6425">November 2021</a>. The fresh funds were expected to be funneled toward expanding its operations and business reach.Key competitors: None under the same stage.

Gather

Mytaverse offers a hardware-agnostic 3D metaverse platform that enables enterprises to digitally host a wide range of activities, such as meetings, conferences, training simulations, and tradeshows. The company also allows for the creation of branded metaverses in the form of functioning environments or digital twins. Mytaverse also provides support for CRM integrations and customer profiles, with support for 50 users on any given virtual world. Further, Mytaverse claims that its tech allows for the creation of photorealistic spaces.Key customers and partnershipsNotable customers included Nike, PepsiCo, Dolby and Dassault Aviation, among others.Funding and financialsIn April 2022, Mytaverse raised USD 7.6 million in a seed funding round led by Blumberg Capital. The funds were raised to accelerate product development, expand sales and tech teams, and further expand interactions with brands and support strategic partnerships. As part of the deal, David Blumberg (founder and managing partner, Blumberg Capital) and John Paul Milciunas (general partner, Baselayer Ventures) were expected to join Mytaverse’s board.

Mytaverse

Alta is the game studio that developed Township Tale, an open-world VR multiplayer game set in a medieval fantasy world. Users can engage in multiplayer experiences that revolve around a wide range of activities such as cooking, crafting, PvE, mining, blacksmithing, and carpentry. The game relies on procedural generation, a method to combine computer and human-generated content on a large scale for mass content creation as its key differentiator.The company generates revenue via 1) sales of its game on the Meta Quest Store, priced at USD 10 and 2) sales of in-game cosmetics, ranging from USD 10-80. Users can also show further support to the game devs via monthly donations of USD 10, with players receiving in-game currency (for the purchase of in-game cosmetics), exclusive in-game discounts and the ability to create a private PC server.In April 2024, the company disclosed that it was developing a dark fantasy-themed VR exclusive game, codenamed ‘Project 2’. Key customers and partnershipsAccording to data from MMO Stats, The company was estimated to have a total of ~850,000 players as of January 2024.Funding and financialsIn its most recent funding round (January 2022), the company raised USD 12.4 million in seed funding co-led by Makers Fund and Andreessen Horowitz. The round valued the company at USD 62 million and the fresh funds were expected to be used to expand its team, create new partnerships, and further develop its technology.

Alta

BitDegree is a cryptocurrency learning platform that offers Learnoverse, a gamified and interactive crypto learning metaverse powered by the blockchain, where users will be able to create their own avatars, collect NFTs exclusive to Learnoverse, explore a virtual world (CryptoDegree City) that is divided into topic-based districts with each building representing a specific educational course on crypto, earn tokens through learning, and eventually obtain crypto-degrees. Course creators will be able to purchase NFT land on the platform and create NFT buildings to represent their courses, and its novel tokenomics will allow instructors to earn from their courses without charging the user.Key customers and partnershipsIn September 2022, the company partnered with web3 mobile development infrastructure provider Mirror World to create a course about Web3 gaming within Learnoverse, and NFT platform Lympo, to enable creators to mint NFTs within Leanoverse.Funding and financialsBitDegree raised over USD 1 million in funding from Japanese/Singaporean venture investor Mistletoe in June 2022. The funds were raised to create innovative methods of learning blockchain, crypto, and Web3-related topics within Learnoverse.

BitDegree

Star Atlas is a space-themed metaverse gaming platform built on the Solana blockchain and Unreal Engine 5. The game allows users to interact, organize, and explore unknown regions in space, alongside joining factions and harvesting resources. The platform includes assets that are tokenized, which provides users ownership over these unique assets and enables them to generate income through these assets. Star Atlas' in-game economy and governance is run using its native currencies, POLIS and ATLAS, and, as of May 2022, the platform had nearly 100,000 players.In May 2024, the company announced that it would launch Star Atlas on mobile Android and iOS by the end of the year.The company also developed the SAGE Labs browser-based open-world game in August 2023, which focuses on deep space resource extraction and crafting.Key customers and partnershipsIn July 2023, the company partnered with blockchain indexer Hello Moon, aiming to bolster the scalability and robustness of Star Atlas real-time data handling capabilities, effectively replacing its proprietary in-house solution. Additionally, the company partnered with Web3 company MetaGravity in the same month to scale its concurrent player count on a single server to 30,000 from 5,000.Funding and financialsIn December 2021, Star Atlas received USD 3 million in funding from Animoca Brands in the form of a purchase commitment of Star Atlas NFT spaceships. The NFT spaceships sold to Animoca Brands were part of Star Atlas’ Galactic Asset Offering (GAO) and all the revenue from asset sales from its GAO was expected to be used to further develop the Star Atlas metaverse.

Star Atlas

Platforms that offer collaborative 2D and 3D environments for enterprise and education-related use cases

Platforms that facilitate entertainment-focused virtual events and concerts

Platforms that focus on multiplayer gaming experiences in virtual worlds

Platforms that focus on social interaction, experience creation, and virtual land purchases

Platforms that enable the creation of avatars that are used as digital identities in metaverse platforms

Platforms that offer virtual worlds for multiplayer social gaming experiences enable users to create experiences and conduct transactions (e.g. buying virtual land)

Some solutions in the gaming platforms segment use AI for non-playable characters (NPCs)

Some gaming and social metaverses are decentralized, with features such as play-to-earn and NFT minting

Social gaming and pure-play social platforms facilitate virtual land transactions using crypto

Most solutions in this hub use AR/VR for virtual events, enterprise, and social/gaming use cases

Virtual worlds and web3 are the primary enabling technologies for the metaverse industry

Work platforms offer virtual spaces for enterprise use cases

Today is a Web3 social metaverse where players can create virtual islands and in-game assets via no-code tools and interact with GenAI-powered non-player characters (NPCs) called "Residents." The company allows users to care for these Residents, drawing inspiration from social simulation games such as The Sims and Animal Crossing.Users were aimed to have ownership of all content created on the platform, although the company was yet to disclose details of the functioning of its in-game economy (April 2024). Additionally, Today sought to deliver exclusive content to players via NFTs, allowing users to craft virtual worlds. The rarity of these NFTs would affect the island's appearance, residents' characteristics, and access to upcoming collaborations, rewards, and special items.The company aimed to launch its platform in alpha by early 2025, with regular playtests scheduled via its Discord channel until that time.Funding and financialsIn April 2024, the company raised USD 5 million in a seed funding round led by Sfermion and Big Brain. The funds were earmarked to bolster the game's GenAI non-player characters (NPCs) and no-code creation tools.

NEAR Protocol is an open-source layer-1 blockchain launched in October 2020. The blockchain uses a proof-of-stake consensus mechanism to validate transactions while incorporating sharding technology to improve scalability. Its native token is NEAR, which can be used to pay for transactions and storage on the blockchain, while also allowing token holders to participate in the platform’s governance process.NEAR allows users to sign up for a wallet (account) using unique human-readable names (e.g., johndoe.near, in comparison to cryptographic and randomly generated private keys, which is a characteristic of chains such as Ethereum), which in turn enables easy sign-ins for dApps for users and improves the overall usability of the blockchain. The platform also allows developers to prepay gas fees for first-time users, allowing the latter to interact with a dApp for free. NEAR also offers the Rainbow Bridge, which allows users to transfer ERC-20 and NEAR tokens or any other digital asset between the Ethereum and NEAR blockchain. In addition, the platform provides tools such as SDKs, CLIs, and APIs for developers to create dApps on its blockchain. In addition, NEAR allocates 30% of the transaction fees to developers to encourage them to build applications on its platform, with the remainder being burnt.As of July 2022, NEAR had 100 validators on its blockchain, which it expected to increase in proportion to the number of transactions. The platform uses an auction system to select and determine the seat price for its validators every epoch (time interval of 12 hours). The platform claims to be able to scale infinitely by adding more validators owing to its underlying architecture.Key customers and partnershipsIn June 2021, NEAR joined ICON’s Blockchain Transmission Protocol (BTP), which seeks to improve cross-chain communication. The partnership allowed data to be transferred between the NEAR blockchain and other BTP partners such as Polkadot and Harmon. Moreover, NEAR partnered with <a href="https://sp-edge.com/updates/23393">Nym Technologies </a>to integrate end-to-end encryption and privacy safeguards into the NEAR blockchain ecosystem.In addition, NEAR partnered with Ardana, a stablecoin and decentralized exchange (DEX) liquidity pool built on the Cardano blockchain in November 2021, to build a bridge to support integrations and token transfers between the NEAR and Cardano blockchains. It had also planned to enable cross-chain smart contract functionality and allow the NEAR token to be used as collateral on Ardana to mint stablecoins in the future.Funding and financialsIn April 2022, NEAR raised USD 350 million in a private equity round led by Tiger Global. The funds were geared toward improving the adoption of the blockchain by increasing the number of its regional hubs in key communities such as Latin America, Turkey, and India.

NEAR

Ava Labs develops the open-source layer-1 blockchain, Avalanche. The Avalanche network architecture contains three separate blockchains in order to address the decentralization, security, and scalability limitations of blockchains. These include 1) the Exchange Chain (X-Chain), which is the default blockchain on which assets are created and exchanged and also includes Avalanche’s native token–AVAX; 2) the Contract Chain (C-Chain)—which is based on the Ethereum Virtual Machine (EVM)—allows for the creation and execution of smart contracts with cross-chain interoperability; and 3) the Platform Chain (P-Chain), which coordinates validators and enables the creation and management of subnets (a sovereign network that defines its own rules for membership and tokenomic). Avalanche uses a proof-of-stake consensus mechanism and is able to execute 4,500 transactions per second. As of December 2022, ~1,000 projects were built on Avalanche, including DeFi projects like Tether, SushiSwap, Chainlink, and Circle. As of the same date, the network processed on average two million daily transactions and was secured by more than 1,200 validators.Ava Labs launched Core, a dedicated non-custodial crypto wallet for AVAX as a browser extension, through which users are able to browse dApps on the Avalanche blockchain. In April 2023, the company announced plans to launch “ <a href="https://sp-edge.com/updates/17583">Evergreen Subnets </a>,” a suite of blockchain deployments, tooling, and customization services specifically designed for financial institutions to run their own private, permissioned chains with approved parties. In addition, financial institutions will be able to communicate and transfer data with other subnets through Avalanche’s native communication protocol Avalanche Warp Messaging (AWM) without relying on any third parties. It also launched <a href="https://sp-edge.com/updates/18842">AvaCloud </a>in May 2023, a no-code Web3 launchpad that assists businesses in building fully managed blockchain ecosystems. AvaCloud consists of four main components: an automated blockchain builder, managed validators, comprehensive data tools, and chain interoperability within Avalanche subnets.Key customers and partnershipAvalanche has partnered with several cloud services providers to improve its network such as <a href="https://sp-edge.com/updates/15079">Alibaba Cloud </a>(December 2022) to improve its infrastructure and support for its validators. Users of the Avalanche blockchain can launch new validator nodes using Alibaba Cloud’s plug-and-play infrastructure-as-a-service (IaaS), while dApp developers can use the latter’s storage and computing resources for the efficient running of their dApps. It also collaborated with <a href="https://sp-edge.com/updates/15640?industryIds=144">AWS </a>(January 2022) to scale and improve blockchain adoption and support its dApp ecosystem, while also enabling one-click node deployments through the AWS marketplace.Funding and financialsIn April 2022, Ava Labs raised USD 350 million in a funding round, valuing the company at USD 5.25 billion. The investors and the purpose of the funding were not disclosed. It had raised USD 230 million in a private sale of AVAX tokens in September 2021, co-led by Polychain and Three Arrows Capital, with the funds geared toward supporting the Avalanche ecosystem.

Ava Labs

<div>
 
 Based in Australia, Immutable is a developer of blockchain-based video games and a provider of a Web3 game development platform. The company develops and publishes its games through Immutable Game Studio, and released its first game, Gods Unchained, in March 2021. The game is a NFT strategy card game, and had ~80,000 active players as of January 2022. It also claimed that over USD 25 million of Gods Unchained digital assets have been traded as of the same date. In February 2024, the company launched the mobile version of Gods Unchained, available on Google Play and Apple App Store. Immutable launched its second game, 
 <a href="https://sp-edge.com/updates/29491">
 Guild of Guardians
 </a>
 , in May 2024 to over 1 million pre-registered users. It is a mobile role-playing game set in a fantasy world on the brink of destruction, where players must form teams to battle against evil Dreads.
 
 
 Its Web3 game development platform, Immutable X, provides a SDK that offers APIs and smart contracts to allow developers to leverage ready-made Web3 infrastructure to quickly build and deploy blockchain-based games. These include an onboarding solution (non-custodial wallet) called 
 <a href="https://sp-edge.com/updates/16041">
 Passport
 </a>
 , transaction infrastructure, and NFT minting tools. The platform also consists of a developer hub which allows developers to launch and manage their projects in one-place and obtain related performance analytics.
 
 
 In addition, Immutable X also acts as a layer-2 scaling solution on the Ethereum blockchain. It uses 
 <a href="https://sp-edge.com/companies/607497">
 StarkWare's
 </a>
 StarkEx roll-up technology and can process 9,000 transactions per second, with zero gas fees, while claiming to be carbon-neutral. Its native token IMX can be used to pay for transactions as well as stake and govern the network. Notable companies building on Immutable X include GameStop, TikTok, OpenSea, Ember Sword, Illuvium, GreenPark Sports, and Vee Friends (Gary Vee).
 
 
 Key customers and partnerships
 
 
 Immutable partnered with Mineloader to develop Guild of Guardians, and it has also collaborated with several game developers, including Turner Sports and Kongregate, to build Web3 games on the Immutable X platform.
 
 
 The company collaborated with 
 <a href="https://sp-edge.com/companies/786111">
 Polygon
 </a>
 to launch its 
 <a href="https://sp-edge.com/updates/24881">
 zero-knowledge Ethereum Virtual Machine
 </a>
 (zkEVM) scaling solution to bypass the scaling limitations of the Ethereum blockchain and promote Web3 gaming. The network developers to completely abstract transaction fees that allow a frictionless player onboarding and improved user experience. Furthermore, Immutable partnered with 
 <a href="https://sp-edge.com/updates/22566">
 Amazon Web Services (AWS)
 </a>
 to develop infrastructure solutions to assist companies in developing and scaling blockchain-based games, and 
 <a href="https://sp-edge.com/updates/24637">
 Amazon Prime Gaming
 </a>
 to list in-game content for Gods Unchained in the latter&rsquo;s platform. This partnership also aimed to introduce the game to a broader audience circle through Amazon's platform, which boasts over 200 million Prime Gaming members. It also collaborated with 
 <a href="https://sp-edge.com/updates/25892">
 Axelar
 </a>
 to integrate games built on Immutable's zkEVM into the Axelar network to enhance user onboarding across blockchain.&nbsp;
 
 
 Funding and financials
 
 
 In March 2022, Immutable raised USD 200 million in a Series C funding round led by the Singapore state investment fund Temasek at a valuation of USD 2.5 billion. The company planned to use the funds for its gaming studio improvements, geographic expansion, and potential mergers and acquisitions. Immutable also planned to hire 200 new employees.
 
 
 
</div>

Immutable

Mythical Games is a video game studio building games based on blockchain technology, playable NFTs, and play-to-earn game economies. The company was developing two games—NFL Rivals and Blankos Block Party.Blankos Block Party is the company’s flagship game, launched in June 2022 as an early access edition for PCs only. The game is an open-world multiplayer game with a focus on custom art and design, building, and exploration. It is free to play, with the option for purchasable in-game cosmetics, accessories, and limited edition Blankos (NFT character).In May 2022, NFL and the NFL Players Association partnered with Mythical Games to develop an NFT-based video game NFL Rivals. The game was launched in 2023, with players taking part in arcade-style gameplay, assuming the role of NLF general manager. They can collect and trade players represented as NFTs on the secondary market via the iOS and Android apps, as well as Mythical’s web-based marketplace. In addition, a unique feature of the game is the “squad system,” which enables players to team up with fellow players to compete with others.Mythical Games also enables other game developers and publishers to build or integrate blockchain-based play-to-earn economies into their games through The Mythical Platform. The platform also includes built-in regulatory KYC/AML compliance and indemnity as well as a verified wallet for transacting both real and cryptocurrencies. Further, the company also offers a marketplace that enables users to sell and trade their digital assets.The Mythical Platform is built on an EVM-compatible sidechain Mythical Chain, which uses a proof-of-authority consensus mechanism to validate transactions. The chain also offers interoperability features, allowing players to transfer and trade NFTs across multiple blockchains. It also claims the minting of NFTs and integrating the marketplace over its platform does not require mining.It acquired <a href="https://sp-edge.com/updates/15966">DMarket </a>–a digital gaming asset marketplace–in January 2023, and utilized its technology to launch an improved version of its own marketplace (Mythical Marketplace 2.0), with features such as a blended payment gateway and AML and fraud protection systems.Key customers and partnershipsAs of June 2023, the company reported to have achieved daily gross sales exceeding USD 1 million and gained more than 2.5 million new users over the past year. Moreover, it expects to reach over 20 million player accounts across its entire game portfolio by the end of 2023, primarily propelled by NFL Rivals and the upcoming release of Nitro Nation World Tour.The Mythical Platform’s first developer partners were announced by the company in November 2021, which includes 1) CCG Games to create Epic Spell Wars: Magic Fight, a trading card game; 2) Creative Mobile to create Nitro Nation – World Tour, a racing game; and 3) Abstraction Games to create a new action strategy title. These were slated to be released in 2023.Funding and financialsIn November 2021, Mythical Games raised USD 150 million in a Series C round led by Andreessen Horowitz at a valuation of ~USD 1.3 billion. Additionally, it raised <a href="https://sp-edge.com/updates/19719">USD 37 million in a Series C1 </a>funding round led by Scytale Digital in June 2023, at a similar valuation. This funding round is expected to close later in 2023 and reach USD 57 million-67 million. It had planned to utilize the fresh funds toward initiatives that will drive profitability within the next year and expand its games and infrastructure to reach a larger audience.

Mythical Games

Storj Labs developed the Storj Decentralized Cloud Storage (DCS) network that works by compressing, encrypting, and splitting files into more than 80 smaller pieces to distribute and store them across a global network of individual storage nodes, which are excess hardware space rented out by individuals in return for a fee. Storj audits its network through random file verification every hour, which ensures its files are consistently being hosted by its nodes; it automatically reconstitutes the data when it is required by the user. The company claims to have more than 10,000 active nodes with over 6 petabytes of available storage capacity spread across the world, as of August 2022. It uses its native token STORJ, which is used by customers to pay for providers of decentralized storage.Key customers and partnershipsStorj partnered with <a href="https://sp-edge.com/companies/792614">Matter Lab’s </a>zkSync Era ( <a href="https://sp-edge.com/updates/18986">in May 2023 </a>) to integrate the latter's zero-knowledge roll-up technology into its cloud storage platform to optimize transaction speed, reduce gas fees, and improve the overall efficiency of the payment process. Additionally, the partnership enables EVM-compatible composability for decentralized storage payments, providing customers with increased flexibility and a wider range of customization possibilities. As part of the development, Storj also had plans to develop and maintain two open-source libraries, Crypto-Batch-Payment and Storjscan, which will focus on creating a seamless onboarding experience for its customers on the zkSync Era network.

Storj

Developers of video games that use elements of blockchain technology, allowing gamers to earn cryptocurrency by playing games. They can either convert it into real money or purchase in-game assets.

A decentralized alternative to traditional social networks that operate on independently run servers on the blockchain. These are community-owned and reward user participation.

An alternative storage system in which data is encrypted, segmented, and stored on multiple nodes across the blockchain rather than a single server.

Developers of dApps for use in industries such as travel, health, and fitness, which are yet to reach wider adoption.

Providers of wallets that allow users to purchase and store the cryptocurrencies/tokens required to interact with web3 apps, along with app browsers for users to browse and access dApps.

Also known as layer-1 networks, these include developers of the base blockchain network.

Also known as layer-2 solutions, this includes providers of scaling solutions, such as sidechains, state channels, and rollups, which improve the speed and throughput of transactions occurring in layer-1 blockchain networks.

Platforms that provide tools such as SDKs, blockchain node infrastructure, and bridges for developers to create, host, debug, and add extra functionality to dApps on one or many blockchains.

Includes companies that form the Web3 ecosystem

Web3 is based on blockchain tech, a key enabler of the industry

GenAI tools help develop smart contracts and query the blockchain for data

Providers of node-as-a-service and SDKs to build dApps operate under this model

ANALYST_QUICK_TAKE

PROMINENT_CATEGORY

<div>
 Web3 social metaverse platform Today has unveiled Dreamia, an AI-driven character engine aimed at enhancing storytelling during real-time interactions. The company describes Dreamia as its most substantial product launch so far.
 Dreamia enables the creation of realistic non-player characters (NPCs) that deliver interactive responses based on player behavior. Some of its standout features comprise deep NPC personalities, contextual awareness, memory persistence, emotional intelligence, and procedural animation.&nbsp;
 Today’s team has refined open-source LLMs for Dreamia using a combination of local and cloud-based models. This approach has improved overall performance and cut server costs, without compromising the quality of text and voice generation. In a future upgrade, users will be able to create their characters through a visual front-end either in-game or online, supplementing Today’s procedural tool that dynamically generates buildings and interiors using the proprietary LLM.
 
</div> Analyst QuickTake: 
 While other metaverse platforms such as <a href="https: 
//sp-edge.com/companies/2277237"> VLGE </a> and <a href="https: 
//sp-edge.com/companies/687091"> Hiber </a> offer GenAI-backed tools for creating virtual assets, Today aims to deepen player-NPC interactions with Dreamia. Additionally, the news builds upon the company’s USD 5 million seed funding round in <a href="https: 
//sp-edge.com/updates/28248"> April 2024 </a> , which aimed to bolster GenAI NPC creation capabilities and other no-code creation tools.

Today

EDGE Insights

About EDGE

Contact Us

Resources

Area of Focus

Technology Research Made Effortless