A New Era of Tokenized Applications
MetaZone, the first and only platform for minting non-fungible tokens (NFTs) for functional 3D digital content and apps in the metaverse, has announced the completion of a US$3 million seed round. The funding round was co-led by metaverse industry leaders Sfermion and CMT Digital, with participation from top web3 funds such as Tess Ventures, IOSG Ventures, IVC (Infinity Ventures Crypto), Polygon Studios, MHC Digital, and LucidBlue Ventures.
The Singapore-based company is pioneering META (Metaverse Enabled Tokenized Application), enabling creators and developers to tokenize their content with NFTs that represent value, ownership, and access rights. As a result of this groundbreaking innovation, MetaZone is unlocking a new realm of possibilities in decentralized content distribution within the virtual economy.
Building Tools for the Future
MetaZone’s expansion plan includes creating a set of developer tools that will provide standardized application-grade development frameworks. This will enable creators to produce, distribute, and host virtual content (METAs) simultaneously across multiple virtual worlds like Decentraland, Spatial, OnCyber, Vault Hill City, and Yuga Lab’s The Otherside.
By supporting the development of metaverse applications through these tools, MetaZone aims to bring about an inflection point in the web3 industry. This would lead to mass adoption of metaverse technologies while simultaneously laying down foundations for a multi-trillion dollar virtual economy.
A New Economy Resembling Real-World Franchising
With MetaZone’s platform at their disposal, creators can tokenize any content they submit. This tokenized content can then be purchased and distributed through MetaZone’s app store. Many creators have already generated thousands of dollars through their content sales; some top creators have even managed to generate six-figure revenues.
These revenue-generating METAs are creating a new economy that resembles real-world franchising. Businesses can distribute their brand presence to willing hosts who can operate these applications on behalf of the original creators. Furthermore, METAs can be embedded with customizable smart contract payment splits, which facilitate multi-party incentive payout structures.
Harnessing the Application Layer of the Metaverse
MetaZone’s mission is to onboard a billion citizens into the metaverse by harnessing its application layer. As the first content distribution platform designed for an open digital economy, MetaZone empowers creators to submit Metaverse Enabled Tokenized Applications (METAs) that anyone can own, experience, and deploy in any virtual world.
The limitless potential of MetaZone and its expansion into multiple metaverses is set to make waves in the digital economy. The success of META creators thus far is just a glimpse of what the future holds for this emerging space.
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