AMGI Studios raises money to create Metaverse game that connects Web3 and Hollywood

Do you want to know what’s next for the game industry? Join gaming executives to discuss emerging parts of the industry at GamesBeat Summit Next in October. Register today.

AMGI Studios has raised funds to create a non-fungible token (NFT) game and a metaverse connecting Web3 and Hollywood.

The money will come from Yield Guild Games, Bitkraft Ventures and Delphi Digital. The amount of funding has not been disclosed.

To advertise

The animators behind the game are ex-Pixar and Disney. They are creating an NFT project called My Pet Hooligan, as well as an Immi mobile app that will allow players to create animated characters in real time.

The project promises to bring NFTs to life. The funding will be used to further develop AMGI’s metaverse, the universe of virtual worlds all interconnected, as seen in novels like Snowfall and Borrow player one.

My Pet Hooligans is one of AMGI’s projects.

AMGI also makes The Rabbit Hole game, which is a mix of Grand Theft Auto and Zootopia. The company said it will promote “free, exciting and rebellious gameplay, interspersed with high-quality animated characters.”

The three investors will also play an advisory role in AMGI as the team develops the game’s gameplay, game ecosystems and social structures.

AMGI said its mission was to combine proprietary technology with high-quality character-driven animation to build a bridge between Hollywood and the Web3 ecosystem. NFTs use blockchain to authenticate unique digital objects, and Hollywood companies use them to create rare digital collectibles. It doesn’t tell us exactly what kind of acting or Hollywood connection exists here, but it does offer some clues.

The creative team includes artists and animators from Pixar, Disney and ILM. AMGI has developed a suite of advanced animation capabilities and technologies that will serve as the foundation infrastructure for Web3’s expansion.

Along with AMGI’s recently launched Immi mobile app, which features celebrity investors such as Marc Cuban, Tony Robbins, Pitbull, and Paris Hilton, The Rabbit Hole’s action-adventure metaverse game is a world-class iterative experience set in a larger context. Unreal 5 metaverse architecture is being built by AMGI called Interloop.

My pet hooligan

“AMGI Studios brings together a team of creatives who have a proven track record of delivering story-driven storytelling with high-quality production studios,” said Jeff Holmberg, head of asset acquisition at Yield Guild Games, in a statement. . “We are proud to have them as our partners and we are excited that our gaming community has had a great experience exploring the My Pet Hooligan metaverse.”

Interloop is where different projects, IPs, games, stories and creators can build together to develop a rich ecosystem of assets, characters, IP and stories. The interoperability of metaverses and Web3 brands is essential to a robust and healthy ecosystem, and Interloop will serve as the connective tissue connecting these communities, the company said.

“By combining a renowned creative team with groundbreaking technology initiatives, AMGI Studios is reshaping the landscape of entertainment animation, game content and interactive AR/VR environments,” said Jamie Wallace, partner at Bitkraft, in a statement. “Using its proprietary technology, Interloop, AMGI Studios will bring impactful interoperability to the Web3 ecosystem, essentially shaping the future of the metaverse.”

“AMGI Studios is committed to streamlining creativity and making it more accessible and easier for the masses,” said Jeremy Parris, partner at Delphi Digital, in a statement. “This opening up of creativity using their own technologies they have developed will help usher in interoperability within the metaverse, realize the creative economy, and lower the barrier to access many creative media. . The implications of this are huge. and at Delphi Digital, we are excited to partner with AMGI to shape this future.

The company said it has long-term plans in development for how Interloop will shape over time, including the opportunity for other projects and brands to acquire and build on the company’s architecture to create their own unique experiences. .

AMGI said Interloop will provide an immersive digital experience and bring other projects together with true interoperability. A framework ensures consistency while builders can create their own experiences and game modes. The Rabbit Hole is the first part of this grand architecture.

The GamesBeat Creed in dealing with the video game industry is “where passion and business come together”. What does it mean? We want to tell you how much the news means to you, not only as a decision maker in a game studio, but also as a game fan. Whether you’re reading our articles, listening to our podcasts, or watching our videos, GamesBeat helps you learn about and get involved in the industry. Learn more about membership.

Leave a Comment