Technology Author:Qinqie He Oct 20, 2022 03:50 PM (GMT+8)

Openverse is a Web3 enablement platform for creators, brands and businesses. It completed a funding round worth hundreds of millions of CNY in October 2021.

avatar

 Founded in 2018 and headquartered in Hangzhou, Openverse (Chinese: 杭州雪爪文化科技有限公司) is an international technology company focusing on Web3 enablement platform. It completed a Pre-A funding round worth hundreds of millions of CNY in October 2021. 

 Openverse is supported by leading real-time 3D rendering technology and built by several engineers from Alibaba Dharma Institute, Tencent and YC Wu Enda Lab. Based on the accumulation of Openverse's multi-disciplinary expertise in visual production and marketing, Openverse is considered a gateway to the metaverse, empowering Web2 creators, brands and businesses with tools and services to transition into Web3.

Openverse's service includes IP incubation, visual production, brand communication and marketing, live operation, animation production and relevant technical support. Openverse has already reached strategic partnerships with Tmall, Taobao, Bilibili and other virtual platforms. As a  pioneer of e-commerce vtuber, Openverse developed the virtual live solution "idolink," which has served several well-known brands such as Florasis beauty, Carslan, Makeup Forever, Pechoin, Schwarzkopf, Joyoung and Bosideng.

In the near future, Openverse will launch the social app "Openvibe," which features the sophisticated avatar of users. App users could join different virtual communities and embrace all metaverse magic scenes and exciting entertainment experiences. It is even possible for users to become a creator of this app and earn revenue. 

Openverse's competitors include Matterport, Animoca Brands, Roblox Corporation, Unity Software Inc, Autodesk, Inc, QUALCOMM Incorporated, Tencent Holdings Limited and Meta Platforms, Inc.