Ready Player Me Raises $56M to Build Cross-Game Avatar Platform

Ready Player Me Raises $56M to Build Cross-Game Avatar Platform
3D rendered classic sculpture Metaverse avatar with network of low-poly glowing purple lines. Machine learning and artificial intelligence concept. Animated 3D NFT artwork example. Web 3.0 technology background.

Ready Player Me, a platform that allows users to create a single avatar that can be used across multiple virtual worlds, has raised $56 million in Series B funding led by Andreessen Horowitz (a16z). The round also included participation from investors such as David Baszucki, co-founder of Roblox; Justin Kan, co-founder of Twitch; Sebastian Knutsson and Riccardo Zacconi, co-founders of King Games; and sports and entertainment company Endeavor.

The funding will be used to expand Ready Player Me’s team and platform, and to accelerate its growth in the metaverse. The company plans to use the funds to hire more engineers, designers, and marketers, and to invest in new features and integrations.

About Ready Player Me

Ready Player Me is a platform that allows users to create a single avatar that can be used across multiple virtual worlds. The company’s technology uses a user’s selfie to create a 3D avatar that can be customized with different hairstyles, clothing, and accessories. Users can then export their avatar to any virtual world that supports Ready Player Me.

Ready Player Me’s platform is currently integrated with over 3,000 virtual worlds, including VRChat, Spatial, Somnium Space, and RTFKT. The company has also partnered with brands such as Adidas, New Balance, Dior, Pull&Bear, and Warner Brothers to create custom avatars for their products.

The Metaverse and the Future of Avatars

The metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the Internet. In the metaverse, people will be able to interact with each other and with digital content in a more immersive and realistic way than ever before.

Avatars will play an important role in the metaverse. They will allow users to represent themselves in a virtual world, and they will be used to interact with other users and with digital content. Ready Player Me is well-positioned to be a leader in the avatar space, as it offers a platform that is easy to use and that can be used across multiple virtual worlds.

The Benefits of Using Ready Player Me

There are several benefits to using Ready Player Me:

Ease of use: Ready Player Me is very easy to use. Users can create an avatar in just a few minutes by uploading a selfie.

Cross-platform compatibility: Ready Player Me’s avatars are compatible with over 3,000 virtual worlds. This means that users can use their avatar in any world that supports Ready Player Me.

Customization: Users can customize their avatars with different hairstyles, clothing, and accessories. They can also create custom avatars for specific virtual worlds or brands.

Security: Ready Player Me’s avatars are stored on the blockchain, which ensures that they are secure and cannot be tampered with.

Conclusion

Ready Player Me is a leading platform for creating cross-game avatars. The company’s technology is easy to use and secure, and it is compatible with over 3,000 virtual worlds. Ready Player Me is well-positioned to be a leader in the metaverse, as it offers a platform that will allow users to represent themselves in a virtual world and interact with other users and with digital content in a more immersive and realistic way than ever before.