Press release. Realm is a new NFT microcosm platform. It has completed its first round of investment of US$2.25 million, led by Alphabit, which includes strategic investments from companies such as NGC, Genesis Block Ventures, LD Capital, Moonrock and SL2.
Realm aims to challenge the current NFT platform by providing creators and players with a personalized meta-universe aptly called the “micro-universe”. Each micro-universe called domain will incarnate the blockchain with the original genetic code. The NFT platform integrates OpenSea’s vast NFT market, and cooperates with Reef Chain to utilize the functions of the Substrate and Polkadot frameworks to ensure cross-chain compatibility.
“For six months, we have been studying how Metaverse blurs the line between digital and virtual reality. We are excited to recruit some world-class investors who fit our vision of making everyone a master in their field. Said Matthew Larby, CEO and founder of Realm.
“Alphabit has made a seed investment in this innovative NFT project, which combines AR and VR to truly bring the world of digital collection to life. It really captures people’s imagination for the future and opens up a new meta-universe The road.” said Liam Robertson, CEO of Alphabit.
Realm plans to use this investment to expand the team, accelerate the development of simple creator tools that democratize creation, and create a variety of smart objects for artists to express themselves in virtual spaces. Realm users will be able to use the platform in a range of different media, including the use of AR capabilities on mobile phones to enter their micro-universe through the “magic window” AR technology built by the Realm team.
Residents of Microverse are welcome to sign up to experience its “field” first, which is scheduled to debut in the third quarter of 2021.
Realm is a community-driven open source project for creating personalized metaverses. Realm allows creators to combine music, art and games to create a perfect realm and cast it as ERC-1155. Discover art galleries in space through the augmented reality portal for underwater auctions and collect pets with cross-chain genetics.
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