Social Future

Social Future

AI-driven metaverse platform for immersive social experiences.

HQ location
Singapore
Launch date
Employees
Enterprise value
$24—36m
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Social Future is an AI-driven social metaverse company that secured $6 million in funding in April 2023. The firm was founded by a group of technologists, artists, and game builders, including a founder named Vance. The company is backed by crypto investors such as SNZ, Everest Venture Group, Folius Ventures, Y2Z Ventures, and Mask Network. Social Future is also a member of the Open Metaverse Alliance (OMA3) and partners with companies like Animoca Brands and Decentraland.

The company's core product is MAY ("Meet Another You"), a platform that enables immersive social experiences through personalized avatars in ownable 3D virtual worlds. Built with blockchain and AI, MAY allows users to create NFT spaces where avatars can interact with real-time expressions and voices. The platform aims to create a flywheel of AI creations, immersive interactions, and asset ownership. Since its launch in January 2023, Social Future has grown its user base to over 100,000 users, primarily from North America, with 20,000 unique active wallets per week. The majority of its users are crypto-native, and the company plans to launch an MPC wallet to bridge Web2 users.

Social Future has also developed an original IP called ThreeEarsBunny (TEB), which will be integrated into MAY as a theme park with NFT-based games. TEB has a community of over 30,000 members and has launched leisure games that have been played over 200,000 times. The business model appears to be centered around creating a next-generation social platform where users can own digital assets, and the company will likely monetize through a game prop market and other in-world transactions. Upcoming features include generative AI tools to allow users to create their own digital assets.

Keywords: metaverse, AI-driven social platform, virtual worlds, personalized avatars, blockchain, NFT spaces, asset ownership, phygital interaction, immersive content, self-sovereign communities, generative AI, Web3, crypto-native, digital assets, AI companions, ThreeEarsBunny, MAY, OMA3, social metaverse, virtual reality, augmented reality, decentralized social network

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