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Amber Group announced the launch of Openverse

by javier gil
11/05/2022
in Finance
0
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Digital asset platform Amber Group announced the launch of Openverse, a Web 3.0 platform for content creators, brands and companies interested in entering the metaverse.

All Web 2.0 artists, brands and organizations will be able to operate on Openverse and will have at their disposal all the necessary tools to migrate their platforms to Web 3.0, according to a press release.

Amber Group intends to develop a gateway to the metaverse and build a pipeline of partnerships related to games, sports brands and digital artists.

https://twitter.com/terandoHQ/status/1524269644483284992

Launching Openverse

Openverse is slated for completion in the third quarter of 2022.

These plans are in line with the momentum of the metaverse economy, which is estimated to reach $13 trillion by 2030.

Do you want to hear the story of the birth of magic in the forest?We will wait for you at Tokyo NexTech Week Expo!#OPENVERSE pic.twitter.com/NkmA9wOpxt

— Openverse_io (@Openverse_io) May 11, 2022

How will the Openverse be designed?

Openverse is designed as a Web3 enablement platform, supported by leading real-time 3D rendering technology to create an experiential digital world for all users. The platform will be accessible on mobile, desktop and virtual reality platforms, and will come equipped with features such as real-time content interaction, gamification, customizable digital avatars and an NFT rating system.

Openverse will also leverage Amber Group’s flagship digital asset platform, WhaleFin, for its cryptocurrency financial services, creating synergies with the company’s thriving consumer business line to expand the reach of its digital asset services.

“Digital assets are the first step in realizing a decentralized future in which people can create and connect with online communities, unlocking new digital experiences. While the metaverse has garnered a great deal of interest, it remains largely conceptual. With Openverse, we are taking a solid step toward creating this digital reality for everyone. Backed by our expertise and partnerships within the digital asset ecosystem, Openverse is at the forefront of bringing enterprises and communities into the metaverse, unleashing the true potential of decentralization,” said Amber Group CEO Michael Wu.

“We are excited to launch Openverse, and to turn the possibilities of the metaverse into reality in the coming months. While developing a gateway for everyone to step into the metaverse, we are also building a strong lineup of partnerships with game studios, sports brands, artists and digital creators in an effort to bridge the gap between the physical and virtual economies. This will not only encourage more Web2 users to migrate to the metaverse, but also herald a new era for digital assets worldwide,” said Openverse CEO Jo Xu.

About Amber Group

Amber Group is a leading digital asset platform operating globally with offices in Asia, Europe and the Americas. The company offers a full range of digital asset services spanning investment, financing and trading. Amber Group is backed by leading investors such as Sequoia, Temasek, Paradigm, Tiger Global, Dragonfly, Pantera, Coinbase Ventures and Blockchain.com.

For more information, please visitwww.ambergroup.io.

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