DWF Labs Invests $2.5 Million in Web3 Firm Sensorium

Summary:
• DWF Labs aims to expand Sensorium metaverse beyond VR. The latest investment brings to 35 the number of Web3 projects DWF has invested in.

Sensorium, creators of the world’s first artificial intelligence (AI) driven metaverse Sensorium Galaxy, have announced today that they have closed a massive transaction with market maker and investment firm DWF Labs to purchase SENSO tokens. DWF Laboratories has agreed to purchase SENSO, Sensorium’s native token, to the tune of $2.5 million.

Sensorium’s ecosystem and growth plans

Sensorium is in the process of building a parallel web-based platform. The platform will help the firm and third-party developers and content providers create SENSO-powered Web3 virtual worlds and experiences. Features such as NFT minting, marketplace functionality, AI integration, virtual reality/augmented reality (VR/AR) mode for digital assets, and blockchain gaming mechanics are all part of the package.

Starship and UNDER are the first two VR experiences coming to the platform. Social networking and blockchain-based gaming are the respective emphases of the two sites, whose launch is expected in the first half of 2024. Three virtual reality (VR) performances from their roster of renowned DJs, which includes David Guetta, Carl Cox, Black Coffee, and Armin van Buuren, will be released in the coming months.
More than 35 Web3 firms have received VC money from DWF Labs through token allocations. DWF Labs’ latest agreement includes the purchase of an undisclosed number of RACA tokens and comes just 24 hours after the company’s $16 million investment in another Web3 firm RACA. With this support, RACA will keep working towards its long-term mission of building a comprehensive Web3 gaming ecosystem.
After three years in development, Sensorium Galaxy virtual environments are fast becoming the go-to for VR enthusiasts all over the globe. It provides a streamlined multi-player experience, a fresh method of communication using cutting-edge social AI mechanics, and high-caliber entertainment developed in close partnership with well-known musicians and media outlets.

DWF Labs says that it will continue to provide support to the Sensorium Galaxy metaverse to help it extend its reach beyond its current dominant position in the VR metaverse scene and into the wider Web3 ecosystem.