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Genies, a 3D avatar company, announced it’s raised a $150 million Series C investment, something it says will be used to hire more engineering talent and continue development on its non-fungible token (NFT) based “avatar universe.” The round was led by private equity firm Silver Lake, and includes participation from existing investors BOND, NEA, and Tamarack […]

The post Genies Secures $150M Series C to Expand Development on Metaverse Avatars appeared first on Road to VR.

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Virtual Social Platform ‘Rec Room’ Hits 3 Million Monthly Active VR Users

4 years ago

InternetNews

Rec Room a social VR game which also supports non-VR devices like PC, console, and mobile phones, has reached an impressive 3 million monthly active VR users, which the company says is just a fraction of its total monthly active usership. Rec Room has continued its impressive growth, having tripled its monthly active VR user […]

The post Virtual Social Platform ‘Rec Room’ Hits 3 Million Monthly Active VR Users appeared first on Road to VR.

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‘Pokémon Go’ Studio’s New Game, ‘Peridot’, Leans Further into AR Gameplay

4 years ago

InternetNews

‘Pokémon Go’ studio Niantic announced Peridot today, its latest game which the company says leans further into AR than prior projects. When developer Niantic launched Pokémon Go back in 2016, many heralded it as ‘the first major augmented reality game’. But as I argued at the time, it really wasn’t ‘augmented reality’ at all… but merely […]

The post ‘Pokémon Go’ Studio’s New Game, ‘Peridot’, Leans Further into AR Gameplay appeared first on Road to VR.

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‘The Last Clockwinder’ Nabs Publishing & Funding Support, Affirms Summer 2022 Release

4 years ago

InternetNews

Fixing up an old tower without tools sounds tough, but much less so when you have an army of robotic clones at your disposal. That’s the idea at least behind The Last Clockwinder, a VR automation game from Pontoco which is slated to hit Quest 2 and SteamVR headsets sometime in Summer 2022. Update (April 13th, 2022): The […]

The post ‘The Last Clockwinder’ Nabs Publishing & Funding Support, Affirms Summer 2022 Release appeared first on Road to VR.

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Geenee AR, Ready Player Me Partner for WebAR Avatars

4 years ago

InternetNews

Geenee AR, a WebAR publishing platform for Metaverse services, and virtual reality (VR) avatar designers Ready Player Me announced a partnership to create wearable AR avatars with no code needed. The partnership creates a platform that enables individuals to wear their virtual avatars by overlaying digital accessories in the real world, including NFT support, physical […]

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Canadian Media Groups Back Black XR Accelerator

4 years ago

InternetNews

Several Canadian organisations have announced 11 Black-owned content creation firms selected for a major accelerator programme aimed at promoting racial diversity in the immersive filming industry. The OYA Black Arts Coalition (OBAC), Canadian Film Centre’s Media Lab (CFC Media Lab), and Dark Slope recently revealed the names of founders selected for the Scale Up Immersive […]

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Bytedance Launches AR-Enhanced TikTok Effects

4 years ago

InternetNews

This Monday, Bytedance, Pico Interactive’s parent company, announced new augmented reality (AR) tools for its massively popular social media platform TikTok following a successful beta testing stage late last year. TikTok is introducing Effect House, an in-app creator platform that enables users to design and share AR effects and experiences with others on the platform. […]

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What Is the Nakaverse? Here’s What we’ve Found

4 years ago

InternetNews

As the war for building the one true Metaverse heats up, there is another contender that demands our attention: Nakamoto Games, or the Nakaverse. The platform has been in beta testing for a while and its first title ‘Duck Hunter’ launched in an exclusive community in October last year. The following December, the platform went […]

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Pinterest Announces New Partnership with WooCommerce to Expand Product Listings

4 years ago

InternetNews

The integration will feed a lot more product listings into the Pinterest ecosystem.

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YouTube and TikTok Add New Options for Automated Captions, Improving Accessibility

4 years ago

InternetNews

YouTube’s offering new caption editing capacity, while TikTok’s rolling out auto-captions by default.