Amber Group Announces Launch of Openverse Q3 2022, Gateway To The Metaverse

SINGAPORE, 11 May 2022Amber Group, the world’s leading digital asset platform, today announced its entry into the metaverse with the launch of Openverse, a web3 platform for creators, brands and businesses. A culmination of Amber Group’s multidisciplinary expertise in digital architecture and native blockchain infrastructure, Openverse serves as a gateway to the metaverse, providing web2 creators, brands and businesses with tools and services to transition to web3. †

With the economy of the metaverse expected to reach $13 trillion by 2030, Openverse will mark Amber Group’s journey to building Web3 communities. Launching in Q3 2022, Openverse is an important step in Amber Group’s plans to help businesses, industries and societies transition to Web3. As a single platform, Openverse will create entry points to the metaverse by providing end-to-end creative and digital infrastructure for creators, brands and businesses.

“Digital assets are the first step in realizing a decentralized future where people will be empowered to create and interact with online communities, unlocking new digital experiences. While there has been a lot of interest in the Metaverse, it remains largely conceptual. With Openverse, we are taking an important step in creating this digital reality for everyone. Backed by our expertise and partnerships within the digital asset ecosystem, Openverse is at the forefront of integrating businesses and communities into the metaverse, unlocking the true potential of decentralization,” said AmberGroup. Chairman and CEO, Michael Wu.

Openverse is designed as a Web3 enabler platform, supported by: state-of-the-art real-time 3D rendering technology to create an experiential digital world for all users† The platform will be accessible on mobile, desktop and VR platformsand will be equipped with features such as: real-time content interaction, gameplay, customizable digital avatars and NFT rating system. Openverse will also leverage Amber Group’s flagship digital asset platform, WhaleFin, for its crypto-financial services, creating synergies with the company’s thriving consumer business to expand the reach of its digital asset services.

“We are excited to launch Openverse and realize the metaverse’s capabilities in the coming months. As we build a gateway for everyone to travel the metaverse together, we’re also building a strong set of partnerships with game studios, sports brands, digital artists and creators in an effort to bridge the gap between physical and virtual economies. Not only will this encourage more Web2 users to migrate to the metaverse, but it will also usher in a new era for digital assets worldwide,” said Jo Xu, CEO of Openverse.

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Media contact

Stella Wang

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About Amber Group

Amber Group is a leading digital asset platform operating globally with offices in Asia, Europe and the Americas. The company offers a full range of digital asset services for investment, financing and trading. Amber Group is backed by leading investors including Sequoia, Temasek, Paradigm, Tiger Global, Dragonfly, Pantera, Coinbase Ventures and Blockchain.com.

For more information, visit www.ambergroup.io

This post was commissioned by Amber Group and does not serve as a testimonial or endorsement by The Block. This posting is for informational purposes only and should not be used as the basis for investment, tax, legal or other advice. You should do your own research and consult independent attorneys and advisors on the matters discussed in this article. An asset’s past performance is not indicative of future performance.

© 2022 The Block Crypto, Inc. All rights reserved. This article is for informational purposes only. It is not offered or intended for use as legal, tax, investment, financial or other advice.

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