Together with the YZi Labs Incubator Program, YZi Labs has done a strategic investment in MEET48, a decentralized social metaverse platform. This investment has the goal of speeding up the creation of MEET48’s AI-powered immersive digital world. The move is at an important time – it shows YZi Labs confidence in not only the future of metaverse technologies but community-driven platforms.
MEET48 envisions building a decentralized social metaverse. The plan is for the platform to use AI to personalize user experiences and improve community engagement.
YZi Labs has built a reputation for its speculative investments in blockchain and Web3 related projects. The firm believes its support for MEET48 goes beyond a financial transaction, however. Support from YZi Labs is a strong affirmation of a focused commitment to support innovation in the digital space.
This investment is a vote of confidence in the growing belief of the potential application of Web3 technologies. It serves as a reminder of the transformative potential of AI and decentralized social platforms.
It is YZi Labs’ opinion that MEET48 is uniquely positioned to make their tremendous vision of the decentralized, AI-driven social metaverse a reality. The investment will allow MEET48 to develop its platform more robustly and to grow its reach.
MEET48 will invest the whole amount received into expanding its technological infrastructure to make as big an impact as possible. The company plans to expand its community of supporters and creators, and build new features.
Full investment into YZi Labs’ by e.ventures is a statement to the changing dynamics around digital touch points. The collaboration represents a commitment by both organizations to redefine how people connect, engage, and interact together online.