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Amber Group To Launch Its Metaverse in Q3 Of 2022

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Written By: Michael Abadha
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  • Amber Group has announced that it plans to launch its metaverse, Openverse in Q3 2022. We tell you what it brings.

Amber Group, a provider of digital asset platforms, has made an announcement regarding the impending debut of Openverse, which will serve as the company’s metaverse. Openverse will be its Web3 enablement platform for creators, businesses, and brands. Also, it is Amber Group’s entry point to the metaverse. Its introduction is scheduled for the third quarter of 2022. Additionally, it will equip Web2 innovators, brands, and enterprises with the resources they need to make the jump to Web3. This marks a key milestone in Amber Group’s objectives to help businesses, sectors, and communities adapt to the Web3 era.

As one of the major digital asset platforms, Amber Group enjoys backing by reputable investors such as Sequoia Capital and Temasek Holdings. Others are Tiger Global, Dragonfly, and Pantera as well as Coinbase and Blockchain.com. It has offices in Asia, Europe, and the Americas, making it a truly worldwide company. The company offers a wide range of digital asset services, including investment, finance, and trading.

Using advanced real-time 3D rendering technology, the Openverse platform will be an immersive digital world for all internet users. It will do this by providing creators, brands, and enterprises with complete creative and digital infrastructures. Consequently, this will result in the creation of access points into the metaverse.  Additionally, it will utilize WhaleFin, the primary digital asset platform in order to provide cryptocurrency financial services. Evidently, Amber Group appears eager to seize a portion of the Web3 economy. Many estimates show that Web3 will be worth $13 trillion by 2030.

“Openverse is at the forefront of onboarding businesses and communities into the metaverse, unlocking the true potential of decentralization,” said Amber Group’s Chief Executive Officer, Michael Wu.

NFT valuation system, real-time content engagement, games, and customizable digital avatars etc will all be available on the platform.

This post was last modified on May 12, 2022, 15:37 BST 15:37

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha