MetaMundo (https://metamundo.co/), the 3D NFT marketplace for building the metaverse, announced today it has raised $2.7 million in seed funding. Animoca Brands was the leader of this round. They were joined by Hypersphere Ventures (DCG), OP Crypto and Metacartel Ventures. Marshland Capital and Own.fund also participated. The raise includes angel investments from the founder(s) of AAVE, Rarible, WilderWorld, Nifty Island, Property’s Digital Ventures and MetaPortal. Jon Radoff, CEO of Beamable, author of Building the Metaverse and Eric Arsenault (RaribleDAO.YGG. VentureDAO), Jin and Metadreamer are the advisors for MetaMundo.

MetaMundo Raises $2.7M in Order to Launch the First 3D NFT Marketplace for Building the Metaverse

It represents an investment made by developers and landowners of large metaverses. The new funding will be used to launch the marketplace in Q1 2022, to continue optimizing and building MetaMundo’s suite of conversion tools, and to develop direct integrations with the leading metaverses and game builders.

“Interoperability” is an essential characteristic of the open metaverse.
Yat Siu was the executive chairman and cofounder of Animoca Brands.

MetaMundo creates a community of 3D artists and tools to make it easier to construct the metaverse environments, which we believe will be the future of digital experiences.
MetaMundo’s platform and technology embolden architects, designers, and 3D creators to mint, sell and license their 3D assets for use across open metaverses and VR/AR applications, including Decentraland, Cryptovoxels, Somnium Space, and Spatial. It optimizes each 3D model for every metaverse by using an array of 3D conversion tools. Each NFT is a collection of files that have been optimized. This allows for one asset to be owned in any metaverse. MetaMundo optimises files for each environment.

MetaMundo’s unique approach empowers 3D creators with the freedom to create their desired art and allows the collector to easily acquire an NFT that can be used across many virtual environments. The technology addresses two major issues that metaverse builders face: first, they have easy access to 3D content to create worlds. Second, these assets can be interoperable across different virtual environments.

“The creation of 3D material is one of our biggest problems in developing the metaverse.”
said MetaMundo co-founder Mark Studholme.

We can offer high-quality content to metaverse builders by enabling an established network of designers and architects.
One of the biggest problems that metaverse users face today is their inability to easily transfer 3D assets between virtual environments. This is partly due to differences in the supported formats and attributes such as file type, size, and mesh count.
said Finn Hansen, MetaMundo co-founder.

“We are focused on solving this problem by automating the process of converting 3D assets to be ready for metaverse from day one.”
MetaMundo was built using Polygon. It is an eco-friendly, green blockchain. The minting and sale of these assets will incur very low gas and energy fees. This also makes the assets interoperable with other Polygon-based metaverses, such as Decentraland Space and Somnium Space. MetaMundo will compensate for any carbon emissions resulting from the transactions on Polygon.

MetaMundo offers a selection of desirable, premium collectibles that have been created by an elite community of designers and 3D artists. Initial categories will include NFT galleries, venues for DJs, shops, bars and homes as well interactive buildings.

“We are moving from the engineering era in game development to the creators era. MetaMundo provides the tools necessary for creators to control the future and determine how it will experience.
Jon Radoff is an advisor to MetaMundo and CEO of Beamable. He also wrote Building the Metaverse.

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