LOS ANGELES, May 25, 2021 /PRNewswire/ -- SuperWorld, the
virtual world in Augmented Reality (AR), today announced that it
has joined the Outlier Ventures portfolio of future-forward
Web 3.0 companies. With this partnership, SuperWorld will also join
other fast-growing, elite startups for the Base Camp Open
Metaverse cohort a three-month intensive program with a
world-renowned investor and mentor ecosystem that includes some of
the biggest names in deep technology, including Fetch, Ocean,
Boson, Dia and Enigma.
SuperWorld virtual real estate lets users buy, sell, and explore
over 64 billion virtual plots of land geographically mapped onto
Planet Earth. Each plot of land in SuperWorld is a 100m x 100m polygon
(about the size of a large city block) that corresponds to
real-world space.
Hrish Lotlikar, SuperWorld's CEO & Co-Founder says, "I am
excited to announce our partnership with Outlier Ventures and to
work with their team to accelerate our vision of leveraging AR/VR,
AI, and distributed ledger technologies to build a better
world. We share a mutual belief in the open metaverse thesis
and I am looking forward to working with their world-class
portfolio of companies."
The SuperWorld platform uses the ERC-721 standard of tradable
assets, meaning that each plot of virtual land is a non-fungible
token (NFT). So, when users buy property in SuperWorld, they
acquire a unique and irreplicable piece of the Ethereum blockchain,
along with monetization opportunities from e-commerce, data,
gaming, and advertising activity on their respective
properties.
Jamie Burke, Outlier Ventures's
CEO says of the partnership, "As Base Camp 5 gets underway, we
are delighted to announce SuperWorld's inclusion in our latest
cohort. We are always excited to welcome businesses that share our
vision of the future of Web 3.0 we we look forward to helping
SuperWorld develop their proposition."
By incorporating resources and support from Outlier Ventures,
SuperWorld is poised to be at the center of the AR industry (an
estimated USD 340.16 billion by 2028), while both
organizations gain immeasurable value and traction through
accelerating token networks, advancing blockchain technology and
creative collaboration in the ever-expanding metaverse.
About SuperWorld
SuperWorld is a virtual world in augmented reality (AR). The
SuperWorld virtual real estate platform takes the form of 64.8
billion non-fungible tokens (NFT) corresponding to real world
space, from historical landmarks like the Great Wall to natural
wonders like the Great Lakes and other iconic or personally
meaningful locations. Any user in SuperWorld - from content
viewers and collectors to developers and marketers - can buy and
sell virtual real estate on the platform, with every plot of
unowned property starting at 0.1 ETH ($350, as of 6/16/21).
Notable investors and advisors include Draper Goren Holm, SOSV, Capital Factory, and Altered
Ventures; Stephen
Wolfram (creator of Mathematica and Wolfram Alpha), Bob
Metcalfe (Inventor of Ethernet & Metcalfe's Law),
Robert Scoble (author,
futurist), and Nitin Gaur (Head of Digital Assets at IBM).
To learn more, visit SuperWorldapp.com
About Outlier Ventures
Outlier Ventures has pioneered a new model for venture capital
by deploying capital, investor expertise, and a proactive approach
to supporting startups that are developing deep technologies,
including IoT, augmented reality, and blockchain for the common
good. Outlier Ventures has been working with early-stage
companies in the convergence ecosystem since 2013. Its global team
of dedicated Web 3.0 experts is proud of its heritage in helping
businesses fast track their roadmap and product execution.
Media Contacts:
Natacha Rousseau
Public Relations Director, SuperWorld
Email: pr@superworldapp.com
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SOURCE SuperWorld