Improbable, a UK-based metaverse technology company, unveiled plans for a metaverse network to rival Meta and Microsoft. The SoftBank-backed startup has released its vision for MSquared, a network of interconnected metaverses aiming to create 3D spaces where people can live, work, and interact virtually. The launch focuses on developer tools enabling programmers to build their metaverses using Improbable's Morpheus technology. - MSquared, a separate business entity from Improbable, secured $150M in funding last year.
- Improbable emphasizes the purpose of the metaverse as enabling new interactive entertainment experiences, citing successful examples like Roblox, Minecraft, and Fortnite.
- The metaverse network aims to host thousands of users and offers cloud streaming accessibility, eliminating the need for software downloads to access the virtual worlds.
- Improbable has previously demonstrated its capabilities by hosting 4,500 players in partnership with blockchain firm Yuga Labs.
- The participants in MSquared include metaverse owners, content creators, service providers, and users, fostering an ecosystem of collaboration and interaction.
In September last year, the Financial Times reported that Improbable was closing in on a new funding round led by Elrond, a blockchain company, which valued the British unicorn at more than €3B. |
