Improbable

Somnia Launches Betanet, Ushering in a New Era of Interoperability in the Metaverse

Retrieved on: 
Lunedì, Aprile 15, 2024

This significant milestone marks the beginning of a new era in the metaverse, where experiences and assets can seamlessly move across different virtual environments.

Key Points: 
  • This significant milestone marks the beginning of a new era in the metaverse, where experiences and assets can seamlessly move across different virtual environments.
  • Thanks to the technology from MSquared and Improbable , Somnia is able to launch a high-quality Betanet on their protocol, while simultaneously developing the highly scalable and affordable Somnia Blockchain.
  • Somnia's omni-chain protocols, known as SOM0, are designed to connect the metaverse into a cohesive ecosystem, enabling unprecedented compatibility and interoperability.
  • "The metaverse is on the cusp of a major transformation, and Somnia is leading the charge with the launch of our Betanet," Somnia CEO Paul Thomas said.

Virtual Society Foundation Launches to Create a Decentralized Open Metaverse Network

Retrieved on: 
Giovedì, Marzo 28, 2024

The foundation's mission aligns closely with the vision of Improbable and MSquared, aiming to realize an open, community-driven network of metaverses.

Key Points: 
  • The foundation's mission aligns closely with the vision of Improbable and MSquared, aiming to realize an open, community-driven network of metaverses.
  • Envisioning a future where a vibrant creator economy flourishes, the Virtual Society Foundation is building toward an open and interconnected metaverse ecosystem where the creator economy can thrive.
  • In pursuit of its mission, the Foundation is committed to:
    Researching and developing blockchain technology and protocols conducive to an open, interoperable network of metaverses.
  • Morpheus has facilitated high-density social interactions in virtual spaces and helps major brands create deeply immersive and interactive metaverse experiences.

Improbable ventures into new worlds, unveils robust financial performance, underpinned by exciting innovation developments and standout progress made through recent sports events

Retrieved on: 
Martedì, Settembre 26, 2023

Having completed its transformation, Improbable is now clarifying its brand mission as a venture builder, creating new ventures based upon its own backbone technology.

Key Points: 
  • Having completed its transformation, Improbable is now clarifying its brand mission as a venture builder, creating new ventures based upon its own backbone technology.
  • The company has reorganized and now has three primary areas of activities:
    Metaverse venture building, supported by an experimentation arm, Improbable Labs.
  • With already 22 events run over the past 6 months, the company’s goal is to deliver close to 300 such events next year.
  • A new product will be announced shortly, including advances in rendering that allow for the coupling of Improbable mass-scale technology with generative AI.

Cosmic Wire Announces Appointment of Johnny B. Lee as Chief Commercial Officer

Retrieved on: 
Martedì, Settembre 12, 2023

NEW YORK, Sept. 12, 2023 /PRNewswire/ -- Cosmic Wire, a leading technology company redefining web3 and innovating blockchain solutions, today announced the appointment of Johnny B. Lee as Chief Commercial Officer.

Key Points: 
  • NEW YORK, Sept. 12, 2023 /PRNewswire/ -- Cosmic Wire, a leading technology company redefining web3 and innovating blockchain solutions, today announced the appointment of Johnny B. Lee as Chief Commercial Officer.
  • "We are extremely excited to welcome Johnny to Cosmic Wire," said CEO Jerad Finck.
  • A proven business leader, Lee joins Cosmic Wire after serving as General Manager of Games, Entertainment & Media at Solana Foundation, where he grew the games ecosystem to over 150 studios.
  • "I am thrilled to have been named Chief Commercial Officer and given the responsibility to lead and scale Cosmic Wire's commercial opportunities."

Improbable Builds Major League Baseball’s New Virtual Ballpark That Launches During the MLB All-Star Celebrity Softball Game Presented by Corona

Retrieved on: 
Mercoledì, Luglio 5, 2023

Improbable announced today it has developed Major League Baseball’s new virtual ballpark.

Key Points: 
  • Improbable announced today it has developed Major League Baseball’s new virtual ballpark.
  • View the full release here: https://www.businesswire.com/news/home/20230705842181/en/
    Designed to be highly accessible, the MLB virtual ballpark allows baseball fans to connect and experience games together directly through MLB.com, requiring only an internet connection.
  • “In working closely with Improbable, we’ve taken what baseball fans know and love about their unique ballpark experiences and connected it to an accessible, virtual world.
  • Developing a virtual ballpark for MLB, the world’s most historic professional sports league, fills us with great pride at Improbable.

Fontinalis Partners Elevates Two Principals to Partner Roles and Welcomes New Operations Team Member

Retrieved on: 
Giovedì, Giugno 29, 2023

DETROIT and BOSTON, June 29, 2023 /PRNewswire-PRWeb/ -- Fontinalis Partners (www.fontinalis.com), a venture capital firm that pioneered investing in early-stage companies focused on enabling efficient and sustainable movement, today announces the promotion of two individuals—Dan Ratliff and Gabe Cunningham—to the role of Partner, and the addition of a new member to the operations team.

Key Points: 
  • Dan Ratliff, based in Detroit, joined Fontinalis in 2014 after starting his career in investment banking.
  • He has additionally played a key role in scaling the firm's operations as it has launched subsequent investment funds.
  • Chris Cheever, Founder & Partner, commented, "Dan and Gabe joined Fontinalis Partners at approximately the same time nine years ago but took different paths in reaching this point.
  • In addition to recent promotions, the Fontinalis team is also pleased to announce the addition of Tanya Bega to the operations team in the role of Investor Relations Director.

Unveiling M²: Empowering Brands, Builders and Users to Unleash the Potential of Virtual Worlds

Retrieved on: 
Venerdì, Giugno 16, 2023

Finally, we are today granting early access to disruptive tools for builders, enabling them to kickstart the M² community.

Key Points: 
  • Finally, we are today granting early access to disruptive tools for builders, enabling them to kickstart the M² community.
  • By offering a foundation for novel experiences, asset sharing, and interaction across diverse metaversal experiences, M² fosters a vibrant community of businesses, builders, and users alike.
  • This dynamic ecosystem thrives on the abundance of rich experiences and assets, propelling the metaverse into an era where possibilities are boundless.
  • Notably, industries such as sports, fashion, and culture stand to benefit greatly, as M² fuels creativity and fosters unprecedented engagement.

Andreessen Horowitz (“a16z”) Announces its First International Expansion to the United Kingdom

Retrieved on: 
Lunedì, Giugno 12, 2023

From a16z crypto founder and managing partner, Chris Dixon:

Key Points: 
  • From a16z crypto founder and managing partner, Chris Dixon:
    “The UK has deep pools of talent, world-leading academic institutions, and a strong entrepreneurial culture.
  • “That success is founded on having the right regulation and guardrails in place to protect consumers and foster innovation.
  • While there’s still work to do, I’m determined to unlock opportunities for this technology and turn the UK into the world’s Web3 centre.
  • A16z will seek the appropriate regulatory permissions to ensure it conducts its activities in the UK in compliance with the applicable regulations.

Yuga Labs Breaks Records with 2nd Trip to Otherside

Retrieved on: 
Giovedì, Aprile 13, 2023

MIAMI, April 13, 2023 /PRNewswire/ -- Yuga Labs, web3 leader and home of Bored Ape Yacht Club (BAYC), CryptoPunks, Meebits, and 10KTF, successfully completed 2nd Trip, bringing a record-breaking 7,214 concurrent users to Otherside.

Key Points: 
  • MIAMI, April 13, 2023 /PRNewswire/ -- Yuga Labs , web3 leader and home of Bored Ape Yacht Club (BAYC), CryptoPunks, Meebits, and 10KTF, successfully completed 2nd Trip, bringing a record-breaking 7,214 concurrent users to Otherside.
  • "2nd Trip marks a milestone in the co-development of Otherside," said Greg Solano , Co-Founder of Yuga Labs.
  • Picking up where 2nd Trip left off, LOTM is a collection-based 2D strategy game that dives into the origins of Otherside.
  • Yuga Labs continues to march toward a more persistent experience for Otherside by the end of 2023.

Typeform Appoints Michael Bannon as President and Chief Financial Officer

Retrieved on: 
Mercoledì, Aprile 5, 2023

Typeform , the intuitive form-builder and conversational data collection platform, today announced the appointment of Michael Bannon as President and Chief Financial Officer.

Key Points: 
  • Typeform , the intuitive form-builder and conversational data collection platform, today announced the appointment of Michael Bannon as President and Chief Financial Officer.
  • In this role, Bannon will oversee Typeform’s global business operations, finance, legal, and data to support overall company growth.
  • “Michael’s proven ability to deliver strategic recommendations that help fast-growing technology companies successfully scale makes him a valuable addition to the Typeform team,” said Joaquim Lechà, CEO of Typeform.
  • “Typeform has always prioritized delivering the gold standard of online interactions, and we’re excited to have Michael on board as we continue to expand our offerings to support customer needs.”
    Bannon brings over 15 years of experience as a strategic financial and operational leader to Typeform, most recently serving as President and Chief Financial Officer at MessageBird and Chief Financial Officer at Improbable, two, fast-growing tech companies.