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Ready Player Me an avatar platform for the metaverse that allows users to explore virtual worlds with one consistent identity, today announced a Series A funding round of $13 million to expand their team across the globe. The round was supported by notable investors including Taavet+Sten, a firm led by Taavet Hinrikus, the co-founder of fintech giant Wise and Sten Tamkivi, Teleport co-founder.

Ready Player Me is a connective passport for the metaverse - it is technology that bridges a network of thousands of worlds by giving consumers an avatar they can use not only in one world, but to travel across many virtual platforms. Empowered by the Ready Player Me identity technology, the metaverse is primed to reach its full potential.

The funding will be used to continue the company's global growth and establish their presence as the default avatar system for the metaverse. In the months to come, avatars will be usable in even more virtual worlds than the 900 supported today. Ready Player Me is also investing into building out monetization tools to help game developers make money by selling NFT's and in-game avatar customization assets, which is a proven monetization model in the gaming industry.

Other notable investors in the round include Tom Preston-Werner , the co-founder of GitHub, VC firms, Konvoy Ventures, Nordic Ninja, and Samsung Next Ventures, Tiny VC, Kamerra, Stefano Corazza , the head of augmented reality at Adobe and founder of Mixamo, Hubert Thieblot , Anand Agarawala, Joachim Hedenius, Marvin Liao , Kaarel Kotkas , SomniumSpace and NFT influencers including Gmoney and Niftynaut. Past funding rounds have been supported by Trind VC, Sebastien Borget , the Sandbox Founder, Peter Vesterbacka , a former Rovio executive and Joshua Duyan from CTRL Labs.

To date, Ready Player Me's avatar system is used by 900+ companies including VRChat, Somnium Space, Verizon, and Hiberworld. The avatar platform has also partnered with popular brands such as the Warner Brothers, Dior, and New Balance. Most recently, Ready Player Me partnered with Deadmau5, Pixelynx, and artist Smearballs to bring the Head5 NFT collection to the platform.

The inter-world capabilities of the Ready Player Me technology is of notable significance for both NFT's and virtual fashion. The ability for NFT wearables to be usable across the metaverse will in-turn have a direct impact on value - raising a tremendous opportunity for NFT creators and fashion companies. With this funding, the company recognizes the growth of their business will open doors for many.

"2021 has been a breakout year for Ready Player Me – our avatar platform adoption has grown from 25 to 900 companies. By giving people avatars that travel across virtual worlds, we can make the metaverse more connected. The metaverse is not one place or platform, it's a network of thousands of experiences," said Ready Player Me, CEO Timmu Tõke. "With the funding, we will scale our partner network further and will build out monetization tools for developers to help them make money with avatar customization assets and NFT's. Our goal is to become the default system for the metaverse."

For more information on Ready Player Me, please visit https://readyplayer.me

Media Contact
Sarah Schwab
sarah@virgo-pr.com

Cision View original content: https://www.prnewswire.com/news-releases/3d-avatar-platform-ready-player-me-closes-13-million-round-to-support-expansion-of-cross-app-avatar-technology-301450976.html

SOURCE Ready Player Me

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East Side Games

The Office: Somehow We Manage Mobile Game Available Now

East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.

Watch the launch trailer here .

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Gameflip Teams Up with Polygon Studios to Make Blockchain Accessible for Game Developers of All Sizes

Gameflip is excited to announce their collaboration with Polygon Studios to bring immersive and engaging Web3 games onto the Polygon Ecosystem. This combines Gameflip's industry-leading platform with Polygon's layer-2 scaling infrastructure to build a new, borderless economy for gamers.

"At Gameflip, we strive to make blockchain technology accessible for game developers of all sizes, enabling them to onboard their games and users onto the blockchain frictionlessly. We're thrilled to collaborate with Polygon to bring in scalable, interoperable, and secured solutions to help game developers thrive." said JT Nguyen, CEO of Gameflip.

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AviaGames CEO Vickie Chen to Participate in Startup Panel at devcom Developer Conference

Fireside Chat Session Dives into the Challenges of Building a Startup

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Special Olympics and Microsoft Level Up for 2022 Gaming for Inclusion

Second Annual Esports Experience Will Include Immersive Leadership Training for Three Special Olympics Athletes to Become Shoutcasters for the Broadcast

Special Olympics is excited to showcase the second annual Gaming for Inclusion esports experience presented by Microsoft September 10, 2022 . Following its successful debut in 2021, Gaming for Inclusion will bring together Special Olympics athletes and Unified partners to compete in Rocket League on Xbox and PC for the chance to play alongside celebrity supporters of Special Olympics, including NFL legend Jamaal Charles TikTok influencer and content creator vaultboy, and WWE Superstars on September 17 .

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Americas Cardroom's $25 Million OSS Cub3d Reaches Dramatic Conclusion with the BOSS

Talk about a way to wrap up the summer. US-facing online poker site Americas Cardroom has its $25 Million OSS Cub3d end in dramatic fashion with the Bigger Online Super Series . The high roller series runs today through Monday, August 29th .

"Our Bigger Online Super Series is nicknamed the BOSS for more reasons than one," stated Chris Moneymaker , Team Pro for Americas Cardroom. "Our players love this series that's designed for high rollers, as it's the perfect way to end the $25 Million OSS Cub3d."

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Gaming Innovation Group - Mandatory notification of trade

- Hesam Yazdi, board member and primary insider of Gaming Innovation Group Inc. (GiG), has today purchased 10.000 shares in GiG at a price of SEK 21.97 per share. After this transaction, Hesam Yazdi and close associates owns 927,150 shares in GiG, including 64,550 shares via pension savings plans.

For further information, contact:
Tore Formo , Group CFO, tore@gig.com +47 916 68 678

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Revolutionary Metaverse Launch from UFO Gaming

UFO Gaming the pioneering blockchain gaming platform, unveiled its long-awaited Metaverse with thousands of visitors in attendance.

Ace from UFO Gaming team gives keynote to community during Metaverse launch (PRNewsfoto/MarketNews)

While many companies are building Metaverses following Facebook's rebrand to Meta, UFO Gaming was among the early pioneers that announced audacious plans on building one long before this - and it has now finally come to fruition.

UFO Gaming is the first initiative to establish a unique multichain Metaverse with concrete advantages for gamers, providing them with digital assets such as NFTs in the form of in-game items, virtual land, and monetary value. $UFO holders may take advantage of a variety of perks, including dividends and community participation.

During the launch, UFO Gaming orchestrated an Easter Egg Hunt, Team AMA, Streamer Takeover, and Staking dApp Launch, all within their Metaverse event allowing their community to play and win prizes.

UFO Gaming enclosing their gaming platform within their Metaverse was a strategic move; recent analysis by McKinsey&Co (2022) projects that the Metaverse market will top $50billion by 2026.

The rise of ambitious crypto projects such as UFO Gaming is important in driving Metaverse growth and adoption. UFO Gaming utilizes virtual reality technology combined with the power of the blockchain to create uniquely immersive gameplay and future value for the $UFO token. The Metaverse market is expected to be driven by the increasing adoption of blockchain technology, the growing popularity of crypto assets, and the rise of UFO Gaming (CoinTelegraph, 2022 1 ).

Mckinsey surveyed over 3,400 consumers and executives on the Metaverse to find the vast majority believe that it will become increasingly important in the years to come. While Metaverse adoption is in its early stages, it is clear that it has the potential to revolutionize the way we live, work, and play. Those who don't start planning for the Metaverse now may find themselves at a serious disadvantage in the years to come. One way to get involved is to research early pioneers in the Metaverse space such as UFO Gaming (McKinsey&Co, 2022 2 ).

About UFO Gaming
UFO Gaming (UFO) is a revolutionary blockchain gaming platform giving players the power to earn cryptocurrency while playing games and to own their in-game items as NFTs. While launching their own games, UFO is developing its own Metaverse which invites users to meet, interact, and jump into its play-to-earn games.

1 Cointelegraph. (2022, August 2 ). Metaverse market share to surpass $50 billion by 2026, says new report. Cointelegraph; cointelegraph.com . https://cointelegraph.com/news/metaverse-market-share-to-surpass-50-billion-by-2026-says-new-report
2 McKinsey & Company. (2022). Value creation  in the metaverse June 2022 The real business of the virtual world. McKinsey & Company; www.mckinsey.com .

Photo - https://mma.prnewswire.com/media/1878244/UFO_Gaming.jpg

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SOURCE MarketNews

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2022/17/c5583.html

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